UBA wins best social banking award for Leo-chat banking

By Edwin Muhumuza

UBA Uganda has been crowned the winner of the Digital Impact Awards Africa (DIAA) Social Banking award for its ground breaking Innovation -LEO Chat banking. This at an event held at the Kampala Serena Hotel.

The 2018 Digital Impact Awards (DIAA)  recognized and rewarded individuals and organizations that continue to spearhead the use of digital tools to enhance financial and digital inclusion while leading to economic transformation, across Africa.

UBA Uganda led the social banking category, where the bank was recognized for the innovation of the first banking chat bot in Uganda and the World.

UBA’s chat bot LEO impressed the judges, for bringing banking services to the apps where consumers didn’t have these services.

“This award is for the teams that have worked so hard to bring LEO to life. We are grateful to the customers that voted for UBA. In line with our Customer First philosophy, we shall continue using technology to innovate products and services that empower customers and make banking more convenient.” said Johnson Agoreyo, MD/ CEO, UBA Uganda.

The application called LEO enables customers perform ordinary banking transactions such as account opening, funds transfer and airtime purchase while providing access to customer service on social media sites such as Facebook and Whatsapp.

Congratulating UBA Uganda on the award, Emeke E. Iweriebor, CEO UBA East and Southern Africa said “Technology has remained central to United Bank for Africa’s business strategy, as we continue to enhance our product offering beyond brick and mortar locations, deploying lifestyle banking technology, to serve our customers.This accolade, is therefore a testament of our pledge for excellence in line with our vision, to be the undisputed, leading and dominant financial services institution in Africa”.

With the increased demand of convenience by customers and the growth in the use of social media, LEO is a necessary and welcome innovation.

According to a statement from the website,United Bank for Africa (UBA) is one of Africa’s leading financial institutions, with operations in 20 countries and 3 global financial centers: London, Paris and New York and has evolved into a Pan-African, provider of banking and related financial services through diverse channels globally.The bank continues to expand the retail and commercial playing field in Uganda by delivering unique financial products and solutions of UBA Plc as an African brand.