Best bank for SMEs 2025: United Bank for Africa (SL)
United Bank for Africa demonstrated remarkable performance in Sierra Leone, taking the country’s award for best bank for SMEs.
In 2024, despite a fall in SME portfolio composition, the bank’s SME business unit experienced a financial leap, achieving a 68% increase in revenue from $17.3 million in 2023 to $29 million in 2024. This growth underscores not only improved efficiency and product integration but also an enhanced revenue generation from its SME clients.
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