Unity Bank plc
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Company type | Public NSE :UNITYBNK |
---|---|
Industry | Financial Services |
Founded | 2006 |
Headquarters | Abuja, Nigeria |
Key people | Nu'uman Barau Danbatta Chairman Ado Yakubu Wanka Managing Director |
Products | Loans, Credit Cards, Savings, Investments, Mortgages |
Total assets | US$3.15 billion (NGN:506.35 billion) (2011) |
Number of employees | 5,000+ (2011) |
Website | Homepage |
Unity Bank (Nigeria), also known as Unity Bank Plc., is a commercial bank in Nigeria.[1]
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.[2] As of December 2011[update], the bank's total assets were valued at about US$3.15 billion (NGN:506.35 billion), with shareholders' equity of approximately US$277 million (NGN:44.5 billion).[3]
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.[4]
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:[5]
- 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.[6]
Branch network
As of December 2010[update], Unity Bank Plc. maintained 242 branches in all states of Nigeria, with another 25 planned.[7]