Unity Bank PLC
NNSENG:UNITYBNK1.51
NGN
0.00
(0.00%)
ISIN
NGUNITYBANK3
Return %
Stock
S&P 500
1Y
0.00
14.20
3Y
62.37
81.12
5Y
174.55
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Ebenezer Ademola Kolawole
- Sector
- Finance
- Industry
- Regional banks
- Address
- Lagos Nigeria
- IPO Date
- Feb 25, 2005
- Website
- unitybankng.com
- Similar Companies
- Business
- Unity Bank Plc is a commercial banking institution that provides retail, commercial, corporate, and agricultural financial services to individuals, small and medium-sized enterprises, corporate organizations, and public sector institutions across Nigeria. Founded in 2006 following the consolidation of nine financial institutions and headquartered in Lagos, Nigeria, the bank operates through an extensive nationwide network of branches, automated teller machines, and digital channels, maintaining a recognized market specialization in retail banking, agribusiness value chain financing, and financial inclusion. The bank's core product and service portfolio encompasses deposit accounts, including savings accounts, current accounts, target savings schemes, fixed term deposits, and domiciliary accounts; credit and financing facilities, such as agricultural intervention loans, SME working capital facilities, asset acquisition finance, trade finance instruments including letters of credit and bank guarantees, overdraft facilities, invoice discounting, and personal consumer loans; digital and transaction banking solutions, including the UnityBank mobile banking application, internet banking platforms, the *7799# USSD banking service, Unifi digital onboarding, debit and credit cards, point-of-sale terminal merchant acquiring, automated clearing services, and the Unity121 agency banking network; and treasury and international banking services, consisting of foreign exchange trading, money market instruments, treasury bills, structured liquidity management, and international remittances. In recent major corporate developments, Unity Bank entered into an agreement for a strategic business combination and merger with Providus Bank, supported by financial accommodation and regulatory clearances from the Central Bank of Nigeria to accelerate recapitalization, bolster its balance sheet, and expand institutional capacity under Nigeria's revised banking sector capital framework. Furthermore, the bank has continuously enhanced its digital infrastructure, expanded its agent banking footprint in underserved rural and semi-urban communities, and deepened strategic partnerships with agricultural development institutions and financial technology firms to advance credit delivery across the agricultural and small enterprise ecosystems.