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UBA Annual Results investors Briefing
The 2008 annual results briefing for UBA Group highlighted significant financial growth, with gross earnings increasing by 55% to 170 billion Naira and profit before tax rising by 82% to 57 billion Naira. Despite challenges such as rising inflation and global financial crises, the bank expanded its operations and increased its asset base by 39%, reflecting a strong performance against forecasts. The forecast for 2009 anticipates continued growth, driven by increased capacity and a diversified loan portfolio.
