Union Bank- Top50 Brands 2025
Union Bank of Nigeria Plc
Year of Establishment | 1917 |
Website | |
Headquarters | Stallion Plaza, 36 Marina, Lagos Island, Lagos, Nigeria |
MD / CEO | Yetunde B. Oni |
Number of Branches / Operations | Over 300 service centers and over 950 ATMs nationwide |
Areas of Interest | Retail, SME, Commercial, Corporate banking, Treasury, Agency banking, Digital solutions |
Countries of Operation | Primarily Nigeria; formerly had a UK subsidiary (Union Bank UK) which was divested in 2023 |
Annual Turnover / Assets | Total assets valued at NGN 3.65 trillion as of December 2023 |
Number of Staff | Approximately 2,500 employees (as of 2024) |
Marketing Budget | Not publicly disclosed |
Contact Address | Union Bank of Nigeria Plc, Stallion Plaza, 36 Marina, Lagos Island, Lagos, Nigeria |
Flagship Product | Digital banking platforms (e.g., UnionMobile), Agency Banking, SME lending programs |
Best Known As | One of Nigeria’s oldest and most trusted banks, known for banking innovation, extensive branch network, and financial inclusion efforts |
Union Bank of Nigeria Plc has long stood as one of Nigeria’s most enduring and trusted financial institutions, a legacy of over a century of service. Established in 1917, Union Bank has evolved through resilience and innovation to remain a pillar in Nigeria’s banking ecosystem, now set to emerge even stronger following its successful merger with Titan Trust Bank.
Union Bank’s core offerings encompass retail banking, corporate banking, SME financing, investment banking, treasury services, and cutting-edge digital solutions through platforms like UnionMobile, USSD (826#), and UnionOnline. The bank has consistently focused on expanding financial inclusion across urban and underserved communities through accessible, smart banking.
In a strategic move, Union Bank fully absorbed Titan Trust Bank’s operations and assets, a process initiated via a share sale agreement back in 2021. After regulatory approvals, the merger was successfully completed in late August and formally finalized in early September 2025. Titan Trust Bank no longer exists as a standalone entity, and all its branches have transitioned to Union Bank.
This merger amplifies Union Bank’s competitive edge. The combined institution now boasts over 293 service centers and 937 ATMs nationwide, significantly expanding its physical reach and digital infrastructure. Customers can expect seamless continuity, no changes to account details, cards, or app access, while benefiting from enhanced service delivery.
Union Bank is also widely respected for its corporate social responsibility (CSR) and sustainability practices, with investments in education, financial literacy, women empowerment, and environmental sustainability. Through initiatives like the Union Bank Edu360 platform, the bank has impacted thousands of teachers and students, fostering innovation and capacity building in the education sector.
Over the years, Union Bank has received multiple awards and recognitions, including accolades for excellence in digital banking, customer experience, and SME support. These achievements underscore its continued relevance as a trusted partner in Nigeria’s financial landscape.
Through its strong heritage, commitment to innovation, and focus on empowering individuals and businesses, Union Bank of Nigeria Plc remains not just a historic brand but a progressive financial institution that continues to play a critical role in Nigeria’s economic growth and development.
