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Headquartered in Lagos, Nigeria's commercial capital. Unity Bank also maintains an operations base in Abuja, Nigeria's capital. [3] As of December 2012, the bank's total assets were valued at about US$2.45 billion (NGN:396 billion), with shareholders' equity of approximately US$322 million (NGN:51.5 billion). [4]
Access Bank plc, part of Access Bank Group; Citibank Nigeria Ltd, part of Citigroup; Ecobank Nigeria Plc, part of Ecobank Group; Fidelity Bank Plc; First Bank Nigeria Ltd, part of First Bank of Nigeria Group; First City Monument Bank Plc; Globus Bank Ltd; Guaranty Trust Bank Plc, part of GTCO Group; Keystone Bank Ltd; Nova Commercial Bank Ltd ...
The bank was granted a regional banking license by the Central Bank of Nigeria in June 2016. [3] In 2024, the Central Bank of Nigeria approved the merger between Unity Bank and Providus Bank, with a stipulation that the newly formed entity will receive a N700 billion loan from the CBN to support its operations. [9]
FBNQuest Merchant Bank previously known as Kakawa Discount House is one of the five operational discount houses in Nigeria which serves as government financial tools and acts as a middle access points between all other banks in Nigeria and the Apex bank of Nigeria, the Central Bank of Nigeria. FBN Quest Merchant bank is a subsidiary of First ...
Keystone Bank Limited: (Plot 11 Kagoro-Kafanchan Road, 800273, Kafanchan). Skye Bank, Kafanchan Branch. Union Bank of Nigeria, Kafanchan Branch. United Bank for Africa PLC: (Along Kagoro Road, Opposite St. Peter's Catholic Church, A̱duwan, Kafanchan). Unity Bank plc: (Along Kagoro Road, Adjacent St. Peter's Catholic Church, A̱duwan, Kafanchan).
Stanbic IBTC Holdings PLC. came alive as the result of a merger between Stanbic Bank Nigeria Limited and IBTC Chartered Bank Plc. in 2007, then adopting a holding company structure in 2012 to comply with the revised regulatory framework advised by the Central Bank of Nigeria, requiring banks to either divest from non-core banking financial services or adopt a holdings’ company structure.
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Thus, Union Bank became wholly owned by Nigerian citizens and organisations all within the private sector. During the Central Bank of Nigeria’s (CBN) banking sector consolidation policy, Union Bank of Nigeria Plc acquired the former Universal Trust Bank Plc and Broad Bank Ltd. It absorbed its one-time subsidiary, Union Merchant Bank Ltd.