Freetown, 3rd June, 2026 — United Bank for Africa (UBA) Sierra Leone closed 2025 with robust growth, posting double‑digit gains across key financial indicators in its Board‑approved Annual Report and Audited Financial Statements, endorsed by the Bank of Sierra Leone. The results underscore operational efficiency, strategic expansion, and a strong push for financial inclusion despite macroeconomic headwinds.
Profit Before Tax (PBT) rose 18.6% year‑on‑year to NLe 988.9 million, up from NLe 833.6 million in 2024.
Profit After Tax (PAT) climbed to NLe 741.0 million, compared to NLe 622.8 million in 2024.
Gross earnings expanded 18.1% to NLe 1.3 billion, from NLe 1.1 billion the previous year.
Balance sheet size grew 15.3% to NLe 6.0 billion, driven by customer acquisition.
Customer deposits increased 8.5% to NLe 3.8 billion, up from NLe 3.5 billion in 2024.
Earnings growth was fueled by transactional banking, digital products, trade finance, and foreign exchange. Operating expenses rose 6.7%, reflecting inflationary pressures and higher business volumes. Yet UBA improved its cost‑to‑income ratio to 16.6%, down from 18.1%, signaling disciplined management.
Board Chairman Dr. Claudius Bart Williams praised the results: “UBA Sierra Leone’s solid financial position and strategic initiatives help the bank support Sierra Leone’s economic development. The achievement reflects the dedication of the Board, Management, and Staff, who deserve the highest commendation.”
The balance sheet expansion was underpinned by deposit growth, while share capital stood at NLe 139 million, comfortably above the Bank of Sierra Leone’s 2025 regulatory minimum of NLe 122 million. This positions UBA to meet upcoming capital requirements with confidence.
UBA Sierra Leone advanced inclusion by opening 70,072 new accounts and issuing 34,704 cards in 2025. Its “Customer First (C1st)” strategy, alongside digital platforms such as mobile banking and the AI‑powered LEO chatbot, broadened access to financial services.
Managing Director/CEO Mohamed Alhajie Samoura noted: “Our 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.”
Looking ahead, UBA plans to extend its branch network, including a new outlet in Kono, reinforcing its national footprint and commitment to inclusion.
