Unity Bank (Nigeria)
Public: NSE: UNITYBNK | |
Industry | Financial Services |
Founded | 2006 |
Headquarters | Abuja, Nigeria |
Key people
|
Thomas Ethuh Chairman Tomi Somefun Managing Director |
Products | Loans, Credit Cards, Savings, Investments, Mortgages |
Revenue | Aftertax:US$38.7 million (NGN:6.2 billion) (2012) |
Total assets | US$2.45 billion (NGN:396 billion) (2012) |
Number of employees
|
2,072 (2012)[1] |
Website | Homepage |
Unity Bank (Nigeria), also known as Unity Bank Plc., is a commercial bank in Nigeria.[2]
Contents
Overview
Unity Bank (Nigeria) is a large financial services provider in Nigeria. Headquartered in Abuja, Nigeria's capital, Unity Bank also maintains an operations base on Victoria Island, in Lagos, Nigeria's commercial capital.[3] As of December 2012[update], 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]
History
In January 2006, nine financial institutions with expertise in corporate banking, retail banking, as well as investment banking, came together to form Unity Bank Plc.[5]
Unity Bank Group
Unity Bank Plc., is the flagship institution of the Unity Bank Group. Other members of the financial services group include the following:[6]
- Unity Capital & Trust Limited
- Caranda Management Services Limited
- Unity Registrars Limited
- Northlink Insurance Brokers Limited
- Newdevco Investments & Securities Limited
- UnityKapital Assurance Plc.
- Pelican Prints Limited
- Unity Bank BDC
- Hexali Properties Limited
Ownership
The shares of stock of Unity Bank Plc. are listed on the Nigerian Stock Exchange, where they trade under the symbol: UNITYBNK. The detailed shareholding in the bank is not publicly available at this time.[7]
Branch network
As of December 2010[update], Unity Bank Plc. maintained 242 branches in all states of Nigeria, with another 25 planned. In December 2010, the bank had the 7th largest branch network in the country.[8]
See also
References
- ↑ Number of Employees Under Bank's Direct Employment In 2012
- ↑ List of Licensed Commercial Banks In Nigeria
- ↑ Overview of Unity Bank Plc.
- ↑ Audited December 2012 Financial Report
- ↑ Unity Bank Was Formed in 2006
- ↑ Member Companies of the Unity Bank Group
- ↑ Unity Bank Stock Listed On Nigerian Stock Exchange
- ↑ Branches of Unity Bank Plc