Shareholders of Union Bank of Nigeria Plc. have approved the Group’s 2019 annual accounts, during the Bank’s first ever virtual Annual General Meeting (AGM) which held on Tuesday, May 5, 2020.

Shareholders’ attendance at the AGM was by proxy, in keeping with physical distancing measures put in place due to the global COVID-19 pandemic. The proceedings of the meeting were however streamed live online for the benefit of all the Bank’s shareholders.

Addressing shareholders during the AGM, the Bank highlighted some of its key achievements in 2019, including – the launch of alpher, the Bank’s proposition for women; the introduction of digital loan offerings; the issuance of a fully subscribed Tier-2, N30 billion bond and; the Board’s recommendation of a dividend payment to its shareholders owing to the Bank’s overall strong performance.


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