We are happy to report that Providus Bank Limited and Unity Bank Plc have successfully merged, representing a major turning point in the development of our individual organisations, as sanctioned by the Central Bank of Nigeria.
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By combining the strengths of the two banks, this merger will establish a major financial institution in the market with a presence in retail, corporate, commercial, and digital banking. It is a strategic and complementary union. With a long history spanning more than 18 years, Unity Bank Plc has built a strong retail banking network with more than 220 locations across the country.
With a strategic niche in the agriculture industry, millions of consumers have trusted and remained loyal to us because of our dedication to providing outstanding customer service and a wide range of financial products.
Conversely, Providus Bank Limited is well known for its cutting-edge approach to banking, with an emphasis on supporting customers’ growth and a robust digital presence in addition to cutting-edge products and a superior service culture. ProvidusBank, a rapidly expanding new generation bank, has continuously pushed technological limits to provide innovative financial solutions that meet the changing needs of contemporary customers. A common goal of giving our clients the best possible banking experience is what motivates this partnership.
We want to provide a smooth transition between traditional and new banking services by fusing Providus’s technological capabilities and innovative attitude with Unity Bank’s vast branch network and long-standing client relationships. Our clients will have better access to financial solutions through a variety of channels, a wider range of goods and services, and more convenience.
Our digital platforms will be integrated to provide better security, quicker transactions, and a more tailored banking experience. We are still dedicated to upholding the greatest standards of financial stability, corporate governance, and customer satisfaction as we set out on this adventure together.
To guarantee a seamless transition and the continuation of our reputation of quality in all of our operations, our cohesive team of committed professionals will put in endless effort. This union is the start of a promising and potential-filled new chapter in our common history. We have faith that the combined might of the two organisations will forge a powerful force in the banking industry, fostering prosperity, innovation, and growth for our stakeholders, customers, and staff.
We sincerely appreciate the Central Bank of Nigeria’s consideration and approval as well as the steadfast support of our partners, customers, and staff. By working together, we can accomplish more and reshape the banking landscape in Nigeria. Providus Bank Ltd. and Unity Bank Plc. signed on behalf of management