United Bank for Africa (Sierra Leone) Limited has reported a robust financial performance for the year ended 31 December 2025, posting a profit after tax of NLe741.046 million, according to the bank’s audited financial statements.
The results reflect significant growth across key performance indicators, demonstrating the bank’s continued expansion, operational efficiency, and rising customer confidence. Total interest income increased to NLe1.078 billion in 2025, up from NLe909.253 million in 2024, while net interest income rose to NLe990.233 million from NLe824.176 million. This growth highlights the bank’s ability to generate stronger returns from lending and investment activities.
Fees and commission income grew to NLe191.243 million from NLe174.658 million the previous year, and net trading and foreign exchange income stood at NLe52.123 million. Overall, total net operating income reached NLe1.203 billion, up from NLe1.027 billion in 2024.
Despite higher operational expenditures related to business expansion and enhanced service delivery, UBA Sierra Leone maintained strong profitability. Profit before tax rose to NLe988.997 million from NLe833.642 million, while profit after tax increased to NLe741.046 million compared to NLe622.830 million in the previous financial year.
The bank also recorded substantial growth in its asset base, with total assets rising to NLe6.080 billion from NLe5.253 billion. Loans and advances to customers increased significantly to NLe1.705 billion, reflecting UBA Sierra Leone’s continued support for businesses and individuals. Customer deposits also grew from NLe3.514 billion to NLe3.876 billion, demonstrating growing public trust and the bank’s expanding role in the country’s financial sector.
Shareholders’ funds strengthened to NLe991.823 million from NLe770.057 million, driven by retained earnings and improved profitability, positioning the bank for sustained growth in a competitive environment.
The audited financial statements, approved by the Board of Directors on 26 March 2026, were signed by Director Jacqueline A. Williams, Managing Director and Chief Executive Officer Mohamed Samoura, and Chairman Dr. Claudius Bart-Williams. The independent audit conducted by Baker Tilly Sierra Leone expressed an unmodified opinion, confirming that the financial statements present a true and fair view of UBA Sierra Leone’s financial position and performance in accordance with International Financial Reporting Standards (IFRS) and the Banking Act of Sierra Leone.
The positive results reinforce UBA Sierra Leone’s standing as one of the country’s leading financial institutions, committed to innovative banking solutions while supporting economic growth and financial inclusion nationwide.