International records / African Development Bank

Project Brief – UBA II

The Bank will take a USD 50 million equity stake in UBA within the context of its current share capital increase being conducted through a public offer of shares on the Nigerian Stock Exchange taking place in April 2007. Total equity investment from the proposed Public Offer is expected to raise NGN54 billion (USD 400 million) in new capital. This capital increase will enable UBA to undertake a comprehensive domestic and regional expansion program. Domestically, UBA intends to undertake an ambitious branch network roll-out, which will increase its branch network by 70% from the current 500 to …

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Source	African Development Bank
Collection	International records
Kind	Document
Publisher	African Development Bank Group
Date	2015-08-28
Type	other
Details	AfDB documents
Found at	https://www.afdb.org/en/documents/document/project-brief-uba-ii-56228
Archived copy	Look it up in the Wayback Machine
Record ID	`afdb:/en/documents/document/project-brief-uba-ii-56228`

Cite this record

Project Brief – UBA II. African Development Bank, 2015. Vero Archive, record afdb:/en/documents/document/project-brief-uba-ii-56228.