Founded in 1917 as Colonial Bank, Union Bank of Nigeria Plc stands as one of the country’s most historic and enduring financial institutions. For over a century, the bank has played a vital role in shaping Nigeria’s banking landscape, offering financial services that span individual banking, SMEs, corporate enterprises, and the public sector.
Originally acquired by Barclays Bank, Union Bank was indigenised in 1979 under Nigeria’s economic reforms, becoming a proudly Nigerian entity and a symbol of national financial independence. Its listing on the Nigerian Stock Exchange in 1971 cemented its status as a pioneer in public ownership and transparency.
With a nationwide network of over 275 branches and a rapidly growing digital presence, Union Bank has consistently evolved to meet the needs of a diverse customer base. A major transformation programme between 2012 and 2017 modernised its core banking operations, revamped its brand identity, and enhanced customer service, ushering in a new era of agility and innovation.
Union Bank has remained committed to its mission of enabling success for individuals, businesses, and communities. Its portfolio includes personal banking, SME business advisory and support, digital financial solutions, and tailored services for large corporates. Sustainability is also at the heart of its agenda, with investments in financial inclusion, women-led businesses, and green finance.
Under the leadership of Mrs. Yetunde B. Oni, the bank is positioning itself as a forward-looking institution ready to thrive in Nigeria’s fast-changing financial environment.
From legacy to leadership, Union Bank’s journey is a compelling story of resilience, reinvention, and commitment to progress.
