Union Bank

Summary

  • cxoverseer
  • CategoryBank

    Details

  • Website : https://www.unionbankng.com
  • Email : customerservice@unionbankng.com
  • Address : Stallion Plaza 36, Marina P.M.B 2027 Lagos, Nigeria
  • Contact Phone 1 : +234-1-2716816 and 07007007000
  • Contact Phone 2 : 09070070001

Amenities

Amenities not found.

Description

Union Bank of Nigeria’s rich history can be traced to 1917 when it was first established as Colonial Bank. In 1925 the bank became known as Barclays Bank DCO (Dominion, Colonial and Overseas) resulting from its acquisition by Barclays Bank. Following Nigeria’s independence and the enactment of the Companies Act of 1968, the bank was incorporated as Barclays Bank of Nigeria Limited (BBNL, est. 1969).

Between 1971 and 1979, the bank went through a series of changes including its listing on the NSE and share acquisitions/transfers driven by the Nigerian Enterprises Promotion Acts (1972 and 1977); this resulted in its evolution into a new wholly Nigerian-owned entity. To reflect the new ownership structure, and in compliance with the Companies and Allied Matters Act of 1990, it assumed the name Union Bank of Nigeria Plc. (UBN “the Bank” or “Union Bank”).

In 1993, in line with its privatization/commercialization drive, the Federal Government divested by selling its controlling shares (51.67%) to private investors. Thus, Union Bank became fully owned by Nigerian citizens and organizations 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. and absorbed its one-time subsidiary, Union Merchant Bank Ltd.

Location

StreetView

11 thoughts on “Union Bank

  1. Good customer support, but bad staff attitude and ATM are in good working condition.

  2. Architectural design is beautiful, excellent illumination, sufficient seats for waiting customers, good customer service but ATM are usually few

  3. Nice banking structure, good layout(parking lot etc) Beautiful ATM gallery, the staffs can always improve with their way of approach

  4. I dont like union bank service because of their minimum balance.

  5. Nice interior and exterior settings Good customer relation. Readiness to solve customer issues. Much complains on Mobile app services

  6. Local Govt. Area, PLOT 243B Muri Okunola St, Victoria Island, Lagos
    The security personnel were not at their post as at point of entry.

  7. TULA ROAD, TALASE, GOMBE STATE. A CCO with the tag name Aliyu Mohammed is well neatly dress,very calm, friendly to the customers and very fast in his work and attaining customers.

  8. Union Bank Plc, Biu Road, Gombe State.
    They branch is quite okay, the staffs are also good and working to fulfill the customers satisfaction. Their only problem is ATM machines, Some are not working as it suppose to work.

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