The Lion King | 31
News Round Up
L-R: Directors, UBA Plc, Mrs. Foluke Abdulrazak and Mrs. Rose Okwechime; DMD, Mr. Kennedy Uzoka; A UBA cus-
tomer of over 41 years, Mrs. Ajayi Tomori; Special Guest and Director, UBA Plc, Mrs. Onari Duke and CEO, Fine and
Country, Nigeria, Mrs. Udo Maryanne Okonjo at the unveiling of the Enhanced Ruby Premium Account in Lagos.
Mr. Emeke Iweriebor, Executive Director, Lagos and West
Bank (2nd right, front seat) seated with guests at the event.
UBA Benin Holds 21st AGM
U
BA Benin held their 21st Annual General
Meeting to present the Bank's 2012 annual
report and accounts to shareholders on
Friday, May 3, 2013 at the Benin Marina Hotel,
Cotonou.
The year closed on a good note for UBA Benin
with a balance sheet of CFAF179,353 million as
against CFAF117,552 million in 2011 - an increase
of 53 per cent. Net income was CFAF 727 million
against CFAF599 million in 2011 - an increase
of 188 per cent. On the basis of the net profit
obtained was generated distributable income
824,751,000, a net dividend of CFA F742 275 900,
corresponding to CFAF 675 francs per share net
of CFAF 10,000.
Mrs. Gwen Abiola-Oloke, MD/CEO, UBA Benin,
thanked the shareholders, customers and staff
for their efforts during the year 2012. She said
the mission of UBA Benin is to provide banking
services and support to the development of the
national economy and also social and humani-
tarian works.
Shareholders praised the performance of UBA
Benin during the year 2012 as Mr. Emmanuel
Nnorom, MD/CEO, UBA Africa acknowledged
the efforts of all stakeholders of the Bank and
reassured shareholders of future prospects.
Unveiling the Enhanced Ruby Premium Account for
Discerning Women
T
he enhanced Ruby Premium
Account with specialized pack-
ages to cater for the needs of
women in the society was on Tues-
day, June 18, 2013 unveiled at UBA
House, Marina, Lagos, Nigeria.
Mrs. Tomori Ajayi, a customer of
UBA for 41 years spoke glowingly
about the Ruby Premium Account
for women in Lagos during the
special presentation of the product.
“After the initial scepticism when
the Branch Manager of my Busi-
ness Office introduced me to Ruby, I
have since found joy with the prod-
uct and recommend it
to all women”, she said
during the question and
answer session at the
event.
Giving an overview of the
product to the packed
audience of women from
all walks of life at the UBA
Amphitheatre, the Head
of Retail Product Sales,
Ms. Olumide Osunyomi
said “Ruby is targeted
at the women folk. It is a
zero COT account that
offers its customers ex-
clusive privileges such as
attractive interest rates,
access to discounts at
partner shops, concierge
services nationwide and
cash collateralised loans
for up to 80 percent of
account balance”.
Some of the Ruby part-
ners who were also at
the event include UBA
Metropolitan Life Insur-
ance Ltd., Bulwark Vault
& Safes Deposits Ltd., Avis
Nigeria, Fine & Coun-
try, Ruff n Tumble, AA
Rescue, Qatar Airways
Nigeria, Clear Essence
Spa, Mega Care, Zaron
International and Laterna
Ventures.
