Union Bank Makes N15.4bn Profit

Union bank Nigeria Plc remains optimistic about future performance as the bank makes profit after tax of N15.4bn for the financial year ended December 2016, the chairman of the bank, Cyril Odu makes this disclosure as he presents the report to shareholders at the 48th Annual General Meeting in Lagos on Wednesday, May 10, 2017.

Its customers deposit rose by 15per cent to N658.4bn from N570bn in 2015. The growth was led as a result of new product offering, Improved Customers, Market Penetration, according to Odu, he said the bank experienced his product portfolio with the launch of five new product which includes, Union Mobile, Union Online, Union Belta and more than half of branches across the Network have been upgraded. Pix By Uche Nwosisi

Mr Ahmed Mansur, Director, Kwargana Ibrahim, Director and Mrs Hamza-Bassey Beatrice.
Mr Ahmed Mansur, Director, Kwargana Ibrahim, Director and Mrs Hamza-Bassey Beatrice.
Mr Jinadu Mustapha, Member Shareholder Solidarity, Mrs Onikepo Akande, Dirctor, Union Bank
Mr Jinadu Mustapha, Member Shareholder Solidarity, Mrs Onikepo Akande, Dirctor, Union Bank

Odu Cyril, Chairman, Mrs Adewale Oyinkansade, Executive Director and Mr Enuwa Emeka, Managing Director.
Odu Cyril, Chairman, Mrs Adewale Oyinkansade, Executive Director and Mr Enuwa Emeka, Managing Director.
Mr Nath Ude and Clyne sn, Director, Union Bank Plc.
Mr Nath Ude and Clyne sn, Director, Union Bank Plc.

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