UBA Benin review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

UBA Benin lends directly to salaried staff and retirees in Benin whose pay is domiciled with the bank, and it charges 10% to 11% on amounts of XOF 100,000 to XOF 30,000,000. It suits employees and pensioners with a payroll account, and little else, since eligibility runs through salary or pension domiciliation.

Key facts

Best for
Salaried staff and retirees in Benin whose pay is domiciled at UBA Benin.
APR
10% to 11% (Source, checked September 26, 2026)
Loan amount
F CFA 100,000 to F CFA 30,000,000 (Source, checked September 26, 2026)
Term
60 to 84 months (Source, checked September 26, 2026)
Arrangement fee
11,000 XOF TTC if loan term is 2 years or less; 33,000 XOF TTC if loan term is over 2 years (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Salaried staff of the public and private sector (companies approved by UBA) and retirees under 70 years old, with salary or pension domiciliation at UBA (Source, checked September 26, 2026)
Origination fee (%)
1% (Source, checked September 26, 2026)
Loan types
Personal, Secured, Car, Student, Business (Source, checked September 26, 2026)
Legal entity
UBA Benin, Societe Anonyme (share capital 19 600 000 000 F CFA), RC/CCM RB/COT/07 B1739 (Source, checked September 26, 2026)
Headquarters
Benin (Source, checked September 26, 2026)
Founded
2012 (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre, Chat (Source, checked September 26, 2026)
Official website
ubabenin.com

Apps and profiles

Get the app
Google Play
Elsewhere
XLinkedIn

Pros and cons

Pros

  • UBA Benin is a direct lender, so the terms come from the bank itself rather than a broker.
  • It holds a licence from the Banque Centrale des Etats de l'Afrique de l'Ouest: B0067M.
  • Support runs on email, phone and help centre, so help is not locked to office hours.

Cons

  • A flat arrangement fee in CFA francs is charged on top of the 1% origination charge, and the arrangement fee is higher on longer terms.
  • Terms start at 60 to 84, so there is no short repayment for a small balance or a quick bridge.
  • Eligibility runs through salary or pension domiciliation at UBA and an approved employer, which leaves self employed and informally paid applicants outside.
UBA Benin

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Scored 9.1 / 10 by BorrowCue.

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Who it suits

  • Salaried staff in the public and private sector whose employer is approved by UBA Benin.
  • Retirees within a maximum age who take their pension through UBA Benin.
  • Borrowers who want personal, car, student or business needs handled by the same bank.

Who should look elsewhere

  • Self employed applicants, and anyone paid into another bank, since eligibility runs through payroll domiciliation at UBA Benin.
  • Shoppers after a wider rate band: Cashspace lists PHP 12 to PHP 36 and Monzo Flex 10% to 23%, both with higher ceilings.
  • Borrowers drawn to an interest free listing, where Cashspace ES shows 0% and UBA Benin starts at 10% to 11%.

The company behind it

Lending comes from UBA Benin, Societe Anonyme, a share company registered in Benin and operating since 2012. The legal notice lists its share capital and company registration. Supervision sits with the Banque Centrale des Etats de l'Afrique de l'Ouest under licence B0067M. Questions before and after a loan run through email, phone and help centre.

How UBA Benin compares

Where UBA Benin is available

Available
Benin
Licence in Benin
Banque Centrale des Etats de l'Afrique de l'Ouest (BCEAO) (B0067M), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does UBA Benin charge?+

UBA Benin publishes an interest rate of 10% to 11%. Loan sizes run XOF 100,000 to XOF 30,000,000 and terms run 60 to 84. Across the lenders compared here the median rate is 12%, so this band sits well below the middle of the market.

What fees does a UBA Benin loan carry?+

Interest is not the only cost on a UBA Benin loan. An origination charge of 1% applies to the amount borrowed, and a flat arrangement fee in CFA francs is charged on top, set at a lower level on shorter terms and a higher level on longer ones.

Who can borrow from UBA Benin?+

Loans go to salaried staff in the public and private sector whose employer is approved by UBA, and to retirees within a maximum age. In both cases the salary or pension must be domiciled at UBA so the bank can see the income. UBA Benin is a direct lender and assesses the file itself.

Is UBA Benin regulated?+

UBA Benin holds licence B0067M from the Banque Centrale des Etats de l'Afrique de l'Ouest, the central bank for the region. The legal notice names the registered entity, UBA Benin, Societe Anonyme, and gives its share capital.

Can I borrow for a car or for my studies?+

Borrowing covers personal, secured and car needs, so personal, secured, car, student and business loans can run through the same relationship. Amounts run XOF 100,000 to XOF 30,000,000 and terms run 60 to 84. The type used depends on what the money is for, and the same payroll account underpins the application.

How does UBA Benin work out who gets a loan?+

The bank is a direct lender, so an application goes straight to the bank with no intermediary. Eligibility turns on salary or pension domiciliation and on the employer being approved, and the same payroll account underpins the whole relationship. Help runs on email, phone and help centre.

How do I get help from UBA Benin?+

Support runs on email, phone and help centre, so email, phone, a help centre and chat are all open to you. The same channels answer questions before a loan is drawn and once it is running, and the bank has operated since 2012.

How does UBA Benin compare with Cashspace and Monzo Flex?+

UBA Benin quotes 10% to 11% on XOF 100,000 to XOF 30,000,000. Cashspace lists PHP 12 to PHP 36 and Monzo Flex 10% to 23%, so both carry wider bands and higher ceilings. Cashspace ES shows 0%, the interest free end of the comparison. On price UBA Benin sits at the tight end; the trade off is eligibility.

Sources

  • ubabenin.com checked September 26, 2026

    Backs: Support channels

    “Tel: +229 01 97 97 91 46; Email: cfcbenin@ubagroup.com; our customer management centre is a single counter open 24/7; Chat with Leo”

  • ubabenin.com/a-propos checked September 26, 2026

    Backs: Founded

    “UBA Group bought the State, SONACOP and BOAD stakes in Continental Bank Benin on 31 December 2008 and Continental Bank Benin became UBA Benin in 2012”

  • ubabenin.com/mention-legal checked September 26, 2026

    Backs: Headquarters, Legal entity, Licences

    “Registered office: Ilot 610 ZB, Immeuble UBA Benin, Quartier Awhanleko, 01 BP 2020 Cotonou Benin”

  • ubabenin.com/personal-banking/prets-et-paiements checked September 26, 2026

    Backs: Loan amount, APR, Eligibility, Lender type, Loan types, Arrangement fee, Origination fee (%), Term

    “No Wahala - minimum amount: 100 000; the client can have an amount going up to 30 million francs”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Credit check, Funding time, Representative example.

UBA Benin

UBA Benin

Salaried staff and retirees in Benin whose pay is domiciled at UBA Benin.

9.1/10See alternatives

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