United Capital Plc (or “The Group”) is Nigeria’s largest investment bank. It has a revenue of N6.85 billion and a profit before tax of N3.74 billion. The Group also boasts earnings per share of 105 kobos.
United Capital Plc is a market leader in financial and investment services. Its mission is to offer bespoke and innovative value-added solutions to its clients. This group is committed to transforming Africa by offering innovative and creative investment banking solutions for governments, businesses, and individuals.
The Group is listed on Nigerian Exchange Limited (NGX). It is a leader in Africa’s financial and investment industry.
While commenting about the performance of the group, the Group CEO, Mr. Peter Ashade had the following to say:
“I am thrilled to inform our stakeholders that United Capital Plc achieved a remarkable half-year 2021 performance after a record year in 2020. As reflected in strong financial performance and earnings growth, we ended the first half on a high note.
United Capital Plc is currently in a growth phase. I must admit that my firm’s strong financial performance is testimony to our unwavering commitment towards increasing value creation for our clients despite the difficult socio-economic environment and the lingering effects of the pandemic.
We will continue to work on our transformation agenda in the second half of the year. This includes deepening our value propositions for different market segments, especially mass affluent clients and those who are underserved by mass markets, as well as driving automation of our business processes.
Our wealth management solutions and private trusts are tailored to meet the needs of our rapidly-growing affluent customers. Our best-in-class digital platforms are also central to our mission of transforming lives across Africa and promoting financial inclusion by providing easy access and support for socio-economic development and collective investment schemes.
You can rest assured that we will deliver superior returns for our stakeholders. We will work with regulators and other operators in the capital markets to implement structural reforms that will deepen the capital markets as the country’s economy recovers.