Company type | Public: NSE: UNITYBNK |
---|---|
Industry | Financial services |
Founded | 2006 |
Headquarters | Victoria Island, Lagos, 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, also known as Unity Bank plc, is a commercial bank in Nigeria. [2]
Unity Bank is a large financial services provider in Nigeria. Headquartered in Lagos, Nigeria's commercial capital. Unity Bank also maintains an operations base in Abuja, Nigeria's 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]
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] In 2024, The Central Bank of Nigeria approved the merger of Unity Bank with Providus Bank. [6] [7]
Unity Bank plc, is the flagship institution of the Unity Bank Group. Other members of the financial services group include the following: [8]
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. [9]
As of December 2010, [update] Unity Bank plc maintained 242 branches across all states of Nigeria, giving it the 7th-largest branch network in the country. Another 25 branches were planned at that time. [10]
First City Monument Bank (FCMB), a member of FCMB Group Plc, is a financial services holding company headquartered in Lagos. FCMB Group Plc has nine subsidiaries divided among three business groups: commercial and retail banking, investment banking, and asset and wealth management. As of December 2020, the group's total assets were valued at US$5 billion.
Zenith Bank Plc is a major financial services provider in Nigeria and Anglophone West Africa, headquartered in Victoria Island, Lagos. It is licensed as a commercial bank by the Central Bank of Nigeria, the national banking regulator.
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