Union Bank Merges With Titan Trust Bank

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Union Bank of Nigeria has entered a new phase of transformation as it completes its merger with Titan Trust Bank Limited, after securing final approval from the Central Bank of Nigeria.

Union Bank of Nigeria has entered a new phase of transformation as it completes its merger with Titan Trust Bank Limited

The process began in 2021 with the signing of a Share Sale Agreement, and today it delivers a stronger, unified financial institution.

Growth And Digital Expansion

Union Bank has fully absorbed Titan Trust Bank’s operations and assets, while retaining its brand name.

As a result, the bank now runs 293 service centres and 937 ATMs nationwide.

Moreover, it has strengthened its digital channels to give customers faster, easier access to banking services.

At its core, the story reflects progress.

Union Bank combines its long-standing presence with Titan Trust’s agility to accelerate financial inclusion and deliver tailored solutions to individuals, SMEs, and corporates.

A New Era Of Value

Managing director and chief executive officer Yetunde Oni stressed the significance: “This is a pivotal moment in our 108-year journey, and a launchpad for delivering greater value to our customers.

By blending stability with innovation, we can now meet the evolving needs of Nigerians and remain their most trusted financial partner.”

Read Also: GTCO Injects ₦365.9bn Into GTBank To Meet CBN Rule

Similarly, board chairman Bayo Adeleke outlined the broader vision: “This is a new era of growth, collaboration, and shared prosperity.

We will create lasting value for customers, shareholders, and communities while advancing Nigeria’s financial inclusion agenda.”

Union Bank also reassures customers that all accounts remain intact and services continue seamlessly.

In addition, it has pledged to accelerate digital innovation, aiming to shape a modern, inclusive, and technology-driven banking experience.

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