Union Bank Nigeria Plc has announced the retirement of its incumbent CEO and the resumption of an incoming CEO for 2021.
The latest profit posted by the firm indicates a gain of 2% from the figures posted by the firm in the corresponding period last year.
The rise in interest expense reflects the banks present struggles with generating low-cost deposit.
The figures only refer to their annual remunerations as the highest-paid directors.
Union Bank has solidified its position as Nigeria’s most trusted financial partner.
Union Bank has downsized its business after its United Kingdom subsidiary was sold to MBU Capital Limited.
The CBN and the Bankers’ Committee of Nigeria, on Thursday, October 31st, 2019 joined the rest of the world to commemorate the World Savings Day.
Women Entrepreneurs will benefit from a $200 million facility acquired by Union Bank to support Women-led businesses.
Shareholders of Union Bank of Nigeria Plc are impressed with the bank's decline in NPL from 20.8% for the 2017 financial year, to 8.1% in 2018.
It’s been six years since Mr Albert Chukwuemeka Emuwa was appointed the Group Chief Executive Officer of Union Bank Plc.