The bank said in a statement in Lagos that the share allotment and capital clearance review by the regulators was concluded in December 2017.
Browsing: Union Bank
In the semifinal pairings, United Bank of Africa will slug it out with their First Bank counterparts at 12:45pm, while Fidelity Bank will keep a date with First City Monumental Bank at 2:10pm.
Selection of winners in the promo is conducted using a transparent, automated draw process supervised by the Consumer Protection Council.
Mark Ijarafu, the Divisional Police Officer of Ogidi Division, made the disclosure in an interview with newsmen in Ogidi on Sunday.
The Stallions were runners up to Niger Flickers last year and they believe a stronger team would emerge to grab the title in Abuja
Speaking with newsmen in Lagos, the Chief Executive Officer of the Bank, Emeka Emuwa, said the financial institution had unveiled “Centenary Innovation Challenge” to boost innovation in the country
The Awards was organised by the Central Bank of Nigeria and the Nigeria Inter-bank Settlement System
Addressing newsmen after the exercise, the Chairman of the BIR, Emeka Odo, said the board sealed the banks due to their failure to remit about N1 billion owed the state government.
Speaking with newsmen at the event, Barrister Ikechukwu Oliya, a customer of the bank, said: “My experience as a Union Bank customer has been very rewarding
Speaking at the event, Joe Mbulu, the Transformation Director, Union Bank, commented on how the bank’s constant engagement with customers all over Nigeria has driven the bank to keep developing services to support their lifestyle
Some of these include an Elite Associate or relationship manager dedicated to them, access to exclusive Elite lounges at select Union bank branches where they can carry out banking privately and priority pass cards, which among other benefits grants them access to 850 airport VIP lounges around the world
The team’s goalkeeper, Yemi Siyanbola, was given the best goalkeeper award (Male) of the tournament, while eight players from the team have been called upon to join the National Hockey team for the World Hockey League Round 1 comprising Nigeria, Kenya, Ghana and Namibia
Bank, while speaking on the launch of the hotspot, said: “In this mobile age, we need to stay connected to loved ones, businesses and the world in general. To this end, Union Bank customers can carry out their transactions in real-time via UnionMobile. Stallion Hotspot is another simpler and smarter solution to help our customers and communities do more of what matters while on the go
In his opening remarks, the Chief Executive Officer, Union Bank, Emeka Emuwa, said: “We are here today to unveil to you, results of the transformation we started three years ago. Given our almost 100 year heritage, we recognize the need to adapt to the changing economic space, to prepare for the future, to be nimbler and better without giving up our heritage and values
Emuwa said the bank would ensure drastic reduction in cost to income ratio against the 67 per cent posted in the 2015 financial year.
He stated that the bank’s cost to income ratio stood at 183 per cent in 2011, 96 per cent in 2012, 71 per cent in 2013 and 67 per cent in 2014.
GT Bank followed with 42.76 million shares worth N650.49 million, while NEM Insurance traded 26.75 million shares worth N21.554 million
The bank’s profit before tax stood at ₦18.1 billion, compared with ₦20.7 billion posted in the preceding period of 2014, including gain on sale of subsidiaries
Speaking at the event, the Transformation Director of Union Bank, Joe Mbulu, said the essence of the transformation was to show how far the bank cares for its customers, adding that the transformation of the bank began two years ago
The Bank, which has been launching its simpler and smarter products and newly upgraded branches in different states of the country, was received with excitement by customers in the State, who expressed joy over the transformation of the bank into a simpler and smarter bank
It is aimed at facilitating financial inclusion for those at the bottom of the pyramid by grouping rural dwellers mainly women, youth and the physically challenged, training them to be bankable