Emeka Emuwa – National Infinity Magazine

Union Bank divests from UK

January 28, 2020January 28, 2020 Jide Ige

Union Bank of Nigeria (UBN) Plc has entered a share sale and purchase agreement to divest its 100 per cent equity stake in its United Kingdom (UK) subsidiary, Union Bank UK (UBUK) Plc. In a regulatory filing just released at the Nigerian Stock Exchange (NSE), the board of Union Bank stated that the sale was in line with the bank’s strategy to geographically streamline its business operations to focus on growth opportunities in Nigeria. According to the bank, following a competitive bid process, MBU BidCo Limited (MBU), an acquisition vehicle…

Union Bank opens New Branches

January 2, 2020January 2, 2020 Jide Ige

Union Bank, one of Nigeria’s foremost financial institutions, recently launched full-service ultra-modern branches in Ekwulobia and Amawbia, Anambra State. The branches were opened as part of the Bank’s continued efforts to provide its customers with simpler and smarter banking services. The locations of the new branches take into consideration banking convenience for residents and businesses in these communities. Speaking at the launch, Emeka Emuwa, Chief Executive Officer of Union Bank said the branches would give the Bank’s customers increased access to a reliable and efficient banking experience and actively promote…