Financial Services Sector
Africa’s financial services sector will grow strongly over the long term. Strong economic fundamentals and technological innovation have enabled us to build one of the largest pan-African banking networks, providing commercial banking, investment banking, asset management and insurance services across the continent. Our investments in the financial services sector include:
Africa Prudential Plc (AP Plc)
The only listed share registration services company in Nigeria. Africa Prudential pioneered an Electronic Share Registration Office that allows round-the-clock access to share registration data for its clients in the Nigerian capital markets. In 2013, in a bid to deliver more value to stakeholders, Africa Prudential acquired UAC Registrars, the oldest non-bank affiliated registrar in the Nigerian capital market.
Heirs Insurance Brokers (HIB)
A wholly owned brokerage company offering both insurance brokerage and risk management services in the short- and long-term insurance markets.
United Capital Plc
A listed financial and investment services group, which provides bespoke financial and investment services in investment banking, asset management, trusteeship and securities & trading.
United Bank for Africa Plc (UBA)
A listed Pan-African financial services institution, with more than 9 million customers and 25,000 employees in 19 African countries, and a presence in London, Paris and New York.
NASD OTC Market
The first alternative trading platform licensed by the Securities & Exchange Commission, Nigeria, to trade a broad range of instruments over-the-counter, including unlisted equities and bonds in Nigeria.