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Latest from Union Bank of Nigeria

Posted on 04/10/2011

At an Extraordinary General Meeting on September 30th the shareholders of our parent bank, Union Bank of Nigeria, voted overwhelmingly to approve the Group’s recapitalisation by means of a core investment of $750million and a rights issue to existing shareholders. 

This significant event concludes a long recapitalisation process, secures the stability and future of the Union Bank Group and provides a solid platform for growth.

More details can be found here.

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