Leading financial institution, Union Bank of Nigeria has received the highly acclaimed award for the Best Trade Finance Platform Initiative, at the recently concluded Middle East & Africa Banking Innovation Awards 2022.
The Middle East & Africa Banking Innovation Awards, organised by The Digital Banker, is a prestigious award program designed to recognise the world’s best-in-class commercial banks – across the Middle East and African region, that blend technology and innovation, to deliver superior products and service for improved customer experience.
Speaking on the win, Mr. Peter Amadi, Head, Trade Products Union Bank, said:“We are honoured to be recognised by The Digital Banker. This award is a testament to our contribution towards the acceleration of the financial markets in the Middle East and African region. Union Bank remains committed to supporting our trade partners as we continue to deliver the highest quality transaction services and trade finance solutions to our customers.”
Union Bank received the award for its great strides in Transaction Banking after undergoing a comprehensive audit grade evaluation in which the bank successfully fulfilled the criteria for the above category.
Established in 1917 and listed on the Nigerian Stock Exchange in 1971, Union Bank of Nigeria Plc is a household name and one of Nigeria’s long-standing and most respected financial institutions. The Bank is a trusted and recognisable brand, with an extensive network of over 250 branches across Nigeria.
In late 2012, a new Board of Directors and Executive Management team were appointed to Union Bank and in 2014 the Bank began executing a transformation programme to re-establish it as a highly respected provider of quality financial services.
The Bank currently offers a variety of banking services to both individual and corporate clients including current, savings and deposit account services, funds transfer, foreign currency domiciliation, loans, overdrafts, equipment leasing and trade finance.
The Bank also offers its customers convenient electronic banking channels and products including Online Banking, Mobile Banking, USSD banking, Debit Cards, ATMs, and POS Systems. More information can be found at: www.unionbankng.com