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Union Bank of Nigeria

@unionbankng.com

We are Nigeriaโ€™s most reliable and trusted banking partner.

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Union Bank of Nigeria is a commercial bank situated in Nigeria. The bank has a long and prestigious history dating back to 1917 when it was originally established as Barclays Bank Dominion, Colonial and Overseas. Over the years, the bank went through various name changes, including Barclays Bank of Nigeria and then Union Bank of Nigeria after the government of Nigeria acquired majority shares in 1979.


The bank's headquarters is located in Lagos, Nigeria's largest city and the economic capital of the country. This strategic location enables Union Bank to have a strong presence in the financial hub of Nigeria and better serve its customers. Union Bank of Nigeria offers a wide range of financial products and services to both individuals and businesses.


These include personal banking services such as savings and current accounts, mortgages, loans, and investment products. For businesses, the bank provides services such as corporate banking, trade finance, cash management, and treasury solutions. While Union Bank primarily operates within Nigeria, it has also established a global presence through its subsidiaries, joint ventures, and partnerships.


One noteworthy subsidiary is Union Bank UK PLC, a London-based bank that caters to the financial needs of Nigerians living in the United Kingdom and U. S. The bank also has partnerships with other international financial institutions to provide seamless cross-border banking services.


Union Bank of Nigeria is one of the leading banks in the country and has a strong market position. It is recognized for its excellent customer service and innovative digital banking solutions. Although specific figures on global sales are not readily available, the bank is known for its strong competitive position in the Nigerian banking sector.


In terms of major events and achievements, Union Bank has undergone significant transformations in recent years. The bank launched its digital transformation agenda, which involved investing in innovative technology to improve customer experience and streamline operations. It has also introduced various digital platforms and mobile banking apps to enhance convenience and accessibility for its customers.


As of the latest available information, Union Bank of Nigeria continues to be a prominent player in the Nigerian banking industry. It remains committed to driving innovation and providing exceptional financial services to its customers

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Company Type

Public Company

Company Size

5001-10,000

Year Founded

1917

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