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Union Bank to partner leading innovative hub to boost service delivery



Union Bank records half year N11.7 bn profit before tax

Union Bank of Nigeria (UBN) Plc says it has concluded arrangements to partner with a leading technology innovation hub to explore new ideas aimed at using technology to impart its larger environment.

Mr Emeka Emuwa, the Chief Executive Officer of the bank, who stated this at a news conference to mark the bank’s 100th anniversary in Lagos on Tuesday declined to mention the name of the institution.

He said that the bank would make public the name of the institution at the appropriate time.

Emuwa stated that the partnership would provide a lot of opportunities for the bank to service its customers better and impart the larger environment.

He said that the bank going forward would use technology to solve various problems to impart its various communities.

“We want to focus on how to deploy technology in solving common problems,’’ Emuwa said.

The chief executive officer said that the various vices in the country could only be addressed if corporate institutions come together and impart their communities.

He said that UBN had positioned itself to drive sustainable impart in the country through innovations and efficient service delivery.

Emuwa added that the bank would provide simpler and smarter solutions in banking for its customers and urged the staff to continue to support the bank to walk into the next 100 years.

“One hundred years is an incredible milestone and we take pride in the sense that we are 100 years, if you withered 100 years, certainly you must have learnt a lot,’’ he said.

Emuwa stated that the bank would use the learning of the past 100 years to celebrate the future, adding that it would continue to be a leader in the industry through innovations.

According to him, the bank will continue to celebrate its customers, shareholders and communities for their various support.

Mr Cyril Odu, the bank’s Chairman, said that it was a grand day to witness 100 years’ celebration, and said he was proud to be part of the family.

“It’s good to see that the bank is not only still standing, but reawakening with innovations, the bank has completely reawaken and it is doing very well,’’ Odu stated.

He commended the management of the bank for the transformation in spite of the challenges in country.

Also speaking, Mrs Ogochukwu Ekezie-Ekaidem, UBN Head, Corporate Affairs, and Communications, said that the bank had over 110 new and refurbished branches across the country.

She added that five new branches would be inaugurated next week in Edo State.

Ekezie-Ekaidem stated that the bank had inaugurated new state of art banking platform ‘Flexcube’ two years ago seamlessly without any downtime or discomfort to the customers.

She noted that the bank was the only corporate organisation that supported the Rio Olympics, noting that the bank supported the Team Nigeria and the Nigerian Olympic Committee with the sum of N30 million.

Ekezie-Ekaidem added that the bank’s staff in deals in 2016 raised the sum of N15 million for IDPs in the North-East which was matched by the bank to N30 million.

“Today is basically acknowledging our history, being proud of that because without our history, there cannot be present or future,” she said.

She stated that the bank had built a course for the next 100 years.

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