Inactive Instrument

Union Bank of Nigeria Plc

UBN

NGUBN0000004

UNION BANK OF NIGERIA : PUBLICATION OF FY 2022 AUDITED FINANCIAL STATEMENTS

April 03, 2023 at 06:31 am EDT

Lagos, Nigeria, 31st March 2023

PUBLICATION OF AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31ST DECEMBER 2022

Please be informed that the Audited Financial Statements for the period ended 31st December 2022 for Union Bank of Nigeria Plc ("the Bank") were approved by the Board of Directors on 24th February 2023 and other requisite regulatory approvals are being processed.

In view of the foregoing, the Bank will immediately publish its Audited Financial Statements for the financial year ended 31st December 2022 upon receipt of the regulatory approvals which may be after the NGX Limited's regulatory filing date of 31st March 2023.

Somuyiwa Sonubi

Company Secretary

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Union Bank of Nigeria plc published this content on 03 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 April 2023 10:30:28 UTC.

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Company Profile

Union Bank of Nigeria Plc is a banking group organized around 5 areas of activity: - corporate banking (33% of income); - market banking (28%). The group also develops asset management and insurance activities; - retail banking (25.3%): sales of standard and specialized banking products and services (consumer credit, leasing, etc.); - commercial banking (12.1%); - other (1.6%). At the end of 2020, the group has NGN 1,126.3 billion in current deposits and NGN 692.8 billion in current loans. Products and services are marketed through a network of over 290 agencies located in Nigeria. Income breaks down geographically as follows: Nigeria (98.3%) and the United Kingdom (1.7%).

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