{"id":2747,"date":"2026-06-04T15:15:17","date_gmt":"2026-06-04T15:15:17","guid":{"rendered":"https:\/\/vindicatorslnews.com\/?p=2747"},"modified":"2026-06-04T15:18:44","modified_gmt":"2026-06-04T15:18:44","slug":"uba-sierra-leone-delivers-impressive-profit-growth-of-18-6-in-2025-results","status":"publish","type":"post","link":"https:\/\/vindicatorslnews.com\/?p=2747","title":{"rendered":"UBA Sierra Leone Delivers Impressive Profit Growth\u00a0of 18.6% in 2025 Results"},"content":{"rendered":"\n
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O n Monday 11th May, 2026 \u2013 United Bank for Africa (UBA) Sierra Leone ended 2025 on a high note, delivering strong growth across key metrics as outlined in its Board-approved Annual Report and Audited Financial Statements, endorsed by the Bank of Sierra Leone (BSL). The results highlight operational efficiency, strategic expansion, and a firm commitment to driving financial inclusion amid economic challenges.<\/p>\n\n\n\n

Key Financial Highlights<\/p>\n\n\n\n

\u2022       Profit Before Tax (PBT) rose by 18.6% year-on-year to NLe 988.9 million (from NLe 833.6 million in 2024).<\/p>\n\n\n\n

\u2022       Profit After Tax (PAT) climbed to NLe 741.0 million from NLe 622.8 million in 2024.<\/p>\n\n\n\n

\u2022       Gross earnings expanded by 18.1% to NLe 1.3 billion (from NLe 1.1 billion in 2024).<\/p>\n\n\n\n

\u2022       Balance sheet grew by 15.3% to NLe 6.0 billion (from NLe 5.2 billion), backed by an expanding customer base.<\/p>\n\n\n\n

\u2022       Customer deposits increased by 8.5% to NLe 3.8 billion (from NLe 3.5 billion in 2024).<\/p>\n\n\n\n

Robust Performance and Efficiency Gains<\/p>\n\n\n\n

Gross earnings growth stemmed from diversified sources like transactional banking, digital products, trade finance, and foreign exchange. Despite a 6.7% uptick in operating expenses due to inflation and higher business volumes, UBA sharpened its cost-to-income ratio to 16.6% from 18.1%, showcasing disciplined management.<\/p>\n\n\n\n

\u201cThe Board is pleased with the Bank\u2019s outstanding achievements in 2025. UBA Sierra Leone\u2019s solid financial position and strategic initiatives help the bank support Sierra Leone\u2019s economic development; of which we are very proud. Of course, the achievement of the Bank reflects the dedication and support of my colleagues on the Board, the Management and Staff of the Bank, who deserve the highest commendation. As a Bank, we remain confident in and focused on the Bank\u2019s ability to create long-term value for our stakeholders,\u201d said Dr. Claudius Bart Williams, Board Chairman.<\/p>\n\n\n\n

Solid Capital and Deposit Growth<\/p>\n\n\n\n

The balance sheet’s 15.3% expansion to NLe 6.0 billion was fueled by an 8.5% rise in customer deposits to NLe 3.8 billion. Share capital stands at NLe 139 million, surpassing the Central Bank’s 2025 regulatory minimum of NLe 122 million. UBA is financially stable to meet the upcoming minimum capital requirements.<\/p>\n\n\n\n

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Advancing Inclusion Through Innovation<\/p>\n\n\n\n

Supporting the Bank of Sierra Leone\u2019s financial inclusion goals, UBA Sierra Leone opened over 70,072 new accounts and issued about 34,704 cards in 2025. Its \u201cCustomer First (C1st)\u201d approach ensures top-tier service, while digital offerings like mobile banking and AI-driven LEO platform deliver seamless access.<\/p>\n\n\n\n

\u201cOur 2025 results reflect the dedication of our team and the trust of our customers. We are proud to deliver strong financial performance while advancing our mission to make banking accessible to all Sierra Leoneans. Our focus on innovation, customer service, and operational excellence will continue to drive sustainable growth,\u201d stated Mohamed Alhajie Samoura, Managing Director\/CEO.<\/p>\n\n\n\n

Future Expansion Plans<\/p>\n\n\n\n

UBA plans to grow its branch network, including a new outlet in Kono, to boost inclusion and national reach.<\/p>\n\n\n\n

About UBA Sierra Leone<\/p>\n\n\n\n

UBA Sierra Leone is a leading financial institution committed to delivering innovative banking solutions and fostering financial inclusion. With a growing network and a customer-first approach, UBA continues to set new standards in the Sierra Leonean banking sector.<\/p>\n\n\n\n

For media inquiries:<\/p>\n\n\n\n

UBA Sierra Leone Brand Marketing and Corporate Communications Team<\/p>\n\n\n\n

Email: mccsierraleone@ubagroup.com<\/p>\n\n\n\n

Phone: +232 79066424 \/ +232 7820020<\/p>\n","protected":false},"excerpt":{"rendered":"

O n Monday 11th May, 2026 \u2013 United Bank for Africa (UBA) Sierra Leone ended…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2747","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/vindicatorslnews.com\/index.php?rest_route=\/wp\/v2\/posts\/2747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vindicatorslnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vindicatorslnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vindicatorslnews.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/vindicatorslnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2747"}],"version-history":[{"count":2,"href":"https:\/\/vindicatorslnews.com\/index.php?rest_route=\/wp\/v2\/posts\/2747\/revisions"}],"predecessor-version":[{"id":2753,"href":"https:\/\/vindicatorslnews.com\/index.php?rest_route=\/wp\/v2\/posts\/2747\/revisions\/2753"}],"wp:attachment":[{"href":"https:\/\/vindicatorslnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vindicatorslnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vindicatorslnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}