UBA Pensions Custodian Limited (UBA Pensions) was incorporated in September 2005 in line with the Pension Reform Act 2004, and is a wholly-owned subsidiary of UBA Plc with paid-up share capital of N2bn. UPCL is located in an access-controlled and serene environment with high safety and security standards. This business aims to provide a custodial haven for the savings of Nigerian workers, with a rapidly growing portfolio of assets in custody in excess of N150 billion (as at March, 2009). UBA Capital (Europe) - Licenced by the UK Financial Services Authority, UBA Capital Europe offers Asset Management; Corporate Finance and Trade Finance Advisory Services; and Trading.