Unity Bank moves HQ to Lagos

Unity Bank Plc has concluded plans to relocate its corporate headquarters from Abuja to Victoria Island, Lagos, in an effort to harness opportunities which the country’s commercial hub holds.

According to a statement, the relocation, which has been approved by the Central Bank of Nigeria, is in line with the bank’s strategic business focus to deepen its clientele base in SME financing, agriculture, and retail banking.

It said with decreased dependence on public sector deposits, it became necessary for the bank to improve its spread and market presence in key geographical areas, particularly the commercial nerve-centers of the economy.

The statement said, “The relocation will be conducted in phases, and executed seamlessly to ensure the bank’s ability to deliver timely and efficient service to its esteemed customers is not compromised.

“This will provide the bank with the platform to enhance its services, deepen its level of market penetration in addition to positioning it to compete favourably with its peers in the industry.”
[Punch]

Related Posts

• 

  Over 1,000 firms bid for 2017 railway projects
  Over 1,000 firms bid for 2017 railway projects
• 

  NAICOM moves to enforce compulsory insurance of public buildings
  NAICOM moves to enforce compulsory insurance of public buildings
• 

  Reps ask NPA to reverse termination of agreement with Intels
  Reps ask NPA to reverse termination of agreement with Intels
• 

  SEC suspends Oando shares from stock market
  SEC suspends Oando shares from stock market