It wasn’t all business but loads of entertainment and networking in Abia State as Union Bank unveiled four of the banks newly upgraded branches as part of efforts to make banking simpler and smarter for its teeming customers. The four upgraded branches of the bank unveiled are located at 10 Library road Umuahia, 1 factory road, Aba, 58 Azikiwe road Aba and 228 Faulks road, Ariaria, Aba all in Abia State.
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.
Speaking at the branch unveil in Umuahia and Aba , the Transformation Director of the bank, Mr. Joe Mbulu, said Union bank used to be among the first six top ranking banks in the country until the 2005 Central Bank policy on re-capitalization which adversely affected its operations.
He however, noted with joy that some investors who cherish the integrity of the bank recently decided to revamp it by injecting the needed funds which is responsible for the current transformation journey which the bank started two years ago.
Mbulu said “the rebranded bank had a lot of products tailored towards customers’ needs, adding that the bank has refurbished over 60 branches across the country and a lot has gone into the innovative propositions which the bank is offering. ‘The transformation of the bank is a response to customer’s desire and the bank’s commitment to serve its customers better” he stated.
In his speech, the Head of Retail, Union Bank, Mr. Carlos Wanderley, said “Nigeria is a young country with huge potentials and investment opportunities”.
He reiterated the readiness of the bank to help grow the country’s economy via its product offerings and services. “We believe in Nigeria and we are ready to make her economy work better”, he said, adding that 3000 staff of the bank are trained every quarter for effective and efficient service delivery commenting at the unveiling, the Abia State, Commissioner for Women Affairs, Lady Chinedu Brown, expressed the willingness of the state government to partner with the bank as long as the partnership complements the government’s transformation agenda.
She expressed delight that the bank had “totally rebranded” in line with the trend and competition in the banking sector, adding that the Stallion – which is the insignia of the bank is now a flying stallion.
In his remarks, the Speaker of Abia State House of Assembly, Martins Azubuike, described Union bank as a bank with integrity, and assured of the support of the House members for its success in the state.
Note to Editors:
About Union Bank of Nigeria Plc
Established in 1917 and listed on the Nigerian Stock Exchange in 1971, Union Bank of Nigeria Plc is one of Nigeria’s long-standing and most respected financial institutions. The Bank is a trusted and recognizable brand, with an extensive network of over 320 branches across Nigeria.
In 2012, a new Board of Directors and Executive Management team were appointed to Union Bank and in 2013 the Bank embarked upon a Transformation Programme designed to re-establish it firmly as a respected provider of quality financial services in Nigeria.
The Bank currently offers a variety of banking services to both individual, commercial and corporate clients including Current, Savings and Deposit Account services, Funds Transfer, Foreign Currency Domiciliation, Loans, Overdrafts, Equipment Leasing and Trade Finance. The Bank also offers its customers convenient electronic banking channels and products including Online Banking, Mobile Banking, Bank Cards, ATMs and POS Systems.
More information can be found at www.unionbankng.com.
