2023 BSM Index
TOP 50 BRANDS NIGERIA® 2023
| #44 | Union Bank of Nigeria Plc. |
|---|---|
| BSM Index | 51.8 |
| YoY | -3 |
| CEO | Mr. Mudassir Amray |
| Year Founded (in Nigeria) | 1917 |
| Website | www.unionbankng.com |
| Head Office | Stallion Plaza 36 Marina Lagos Nigeria |
| Nationality | NG |
| Customer Base | 5.8million |
| Number of Branches | 290 |
| Annual Turnover | – |
| Employees | 2,365 |
| Marketing Budget | – |
Union Bank of Nigeria Plc:
A Century of Trust and Innovation in Banking
Union Bank of Nigeria Plc, a venerable and vibrant institution, stands as one of the country’s oldest and largest commercial banks. With a rich heritage spanning over a century, the bank has evolved into a robust financial institution, catering to diverse clienteles including individuals, small and medium-sized enterprises (SMEs), as well as large corporations and organizations.
As of December, 2022, Union Bank’s asset base stood at an estimated NGN 2.8 billion. This financial strength, combined with its rich history, positions Union Bank as a trusted and dependable partner for individuals and businesses alike.
Throughout its history, the bank has consistently offered a diverse portfolio of banking services to cater to the needs of individuals, SMEs, commercial entities, and corporate clients. With a robust network spanning over 290 service centers and an impressive count of more than 930 ATMs across Nigeria, Union Bank has been instrumental in fostering growth and prosperity for individuals, families, and businesses over the past century.
Guided by a strategic framework encompassing six pillars—customer experience, client base, talent, banking platform, professional standards, and earnings—Union Bank is executing an ambitious agenda for growth and transformation. This entails a robust focus on enhancing customer experiences, nurturing talent, and harnessing the power of technology and innovation.
Union Bank’s recent accolades and accolades are testament to its outstanding performance and contribution to the Nigerian financial landscape. Noteworthy awards include the Business Day Award for “best bank to support Nigeria’s small and medium-scale enterprises,” recognition by the Central Bank of Nigeria as the best bank in the Agricultural Credit Guarantee Scheme Fund, and the prestigious MasterCard cashless champion awards.
As Union Bank continues its journey of growth, innovation, and customer-centricity, its legacy of trust, reliability, and excellence remains at the forefront, ensuring that it remains a pillar of strength and progress for generations to come.
Union Bank News
- Ability Over Gender: Union Bank’s Advocacy for Gender Inclusivity March 13, 2024As we commemorate this year’s Women’s Month, it is important to take a step back and reflect on the positive steps we have taken to create a thriving and enabling environment that promotes women’s empowerment and gender inclusion. At Union Bank, we are committed to removing barriers and facilitating women’s success in all areas. […]Abisola Oluyede
- Union Bank and BFREE Forge Strategic Partnership to Revitalize Loan Portfolios November 29, 2023Union Bank of Nigeria and BFREE, a cutting-edge German-Nigerian FinTech firm, have signed a Memorandum of Understanding (MOU). This agreement signifies a joint commitment to addressing economic challenges and revitalising distressed loan portfolios in Nigeria. This MOU was formalised during the German-Nigerian Business Forum in Berlin on November 21, 2023. Under the terms of the […]Abisola Oluyede
- Union Bank Rewards First Set Of Winners As Save and Win Palli Promo 3 Kicks Off November 27, 2023We are pleased to announce the first set of winners who have won N5 million in the first Save and Win Palli Promo 3 draw held on Tuesday, November 21, 2023. Fifty lucky customers each went home with a whopping N100,000.00 in the inaugural live draw conducted transparently and digitally under the supervision of relevant regulatory bodies. Congratulations to all […]Abisola Oluyede
