Union Bank of Nigeria is one of the oldest and most respected financial institutions in Nigeria. Union bank offers a portfolio of banking services to individuals, small and medium enterprises, commercial and corporate clients. At the moment, Union bank has more than 284 service centres and over 934+ ATM spots spread across Nigeria. In July 2009, Union bank was rated the 556th largest bank in the world and the 14th largest bank in Africa. As of March 31, 2018, the asset base of Union bank was estimated at NGN1, 381 billion (US$4.1billion). Other companies that comprise the Union Bank of Nigeria Plc include:
Union Bank United Kingdom Plc.
UBN Property Company Limited
History of Union bank
The history of Union bank goes way back to 1836 when a group of investors, the London bankers and British merchants obtained a royal charter from William IV to operate banking activities in the Caribbean. This was how Colonial bank was established. In 1917, Colonial bank extended its operations to Nigeria.
Banking operations of Union bank started with banking centres in Lagos, Jos and Port-Harcourt. Then in 1918, banking operations were extended to other areas such as Ebute-Metta, Onitsha, Ibadan, Kano and Zaria. All the while, Colonial’s banking activities also covered other cities in British West Africa such as Accra and Freetown.
In 1925, Barclay’s bank acquired Colonial Bank, which then caused a name change, that is Barclays Bank (Dominion, Colonial and Overseas) and later, Barclays Bank (DCO).
Between 1925 and 1950, the Great Depression and World War II obstructed the operations of the bank. However, the bank continued to operate, opening a few branches but also closing some.
As of 1950, the bank increased its operations in Nigeria which led to a total of 41 branches.
In 1969, Barclays Bank DCO was incorporated in Nigeria, under the name ‘Barclays Bank of Nigeria Limited’, to comply with new banking laws which were enacted in 1968 in the country.
In 1971, the shares of Barclays Bank of Nigeria Limited were listed on the Nigerian Stock Exchange. After which 8.33% of the bank’s shares were offered to Nigerians. In 1972, the Federal Government of Nigeria acquired 51.67% ownership of the bank, leaving Barclays Bank Plc. of London with 40% ownership. However, the 40% ownership of Barclays Bank plc was sold to Nigerian individuals and businesses. The name of the bank was then changed to Union Bank of Nigeria Plc, to reflect its new ownership structure.
In 1993, the Federal Government of Nigeria completely relieved itself of its ownership in the bank. Union Bank of Nigeria Plc. has gone on to acquire other banks such as the former Universal Trust Bank Plc and Broad Bank Limited. This article covers a list of Union bank branches in Lagos state.
List of Union Bank Branches in Lagos
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Union Bank of Nigeria Plc
Number 36, Marina at Stallion Plaza, Marina, Lagos state
Union Bank of Nigeria Plc
PC 33 Adeola, Hopewell Street Victoria Island
Union Bank of Nigeria Plc
Number 83B, Adeniji Adele Road, Adeniji Adele, Lagos
Union Bank Plc
Number 118, Ipaja Road Agege, Lagos
Union Bank Plc
Eko, Lagos state, Nigeria
Union Bank Plc
Daleko Market, Lagos State, Nigeria
Union Bank Plc
Number 64, Ikotun-Isolo Road, Egbe, Lagos State, Nigeria
Union Bank Plc
Number 4, Iju Road Agege, Lagos
Union Bank Plc
Number 160/162, Broad Street, Alagbon, Lagos state
Union Bank Plc
Number 29, Adeyemo Alakija on Victoria Island, Lagos
Union Bank Plc
Number 30/32, Creek Road Apapa, Lagos
Union Bank Plc
Number 4/6, Ajose Adeogun on Victoria Island, Lagos state
Union Bank Plc
Number 16, Burma Road Apapa, Lago
Union Bank Plc
Number 77, Awolowo Road Ikoyi, Lagos state
Union Bank Plc
Number 42, African Church Street, Badagry, Lagos state
Union Bank Plc
Mace Plaza at International Trade Fair, Lagos state
Union Bank Plc
Number 34 Balogun Square, Lagos
Union Bank Plc
Mainland Hotel Building at Ebute Metta, Lagos
Union Bank Plc
Number 131, Broad Street, Lagos Mainland, Lagos state
Union Bank Plc
Falomo Shopping centre, Lagos
Union Bank Plc
Number 26, Shasha Road, Dopemu, Lagos state
Union Bank Plc
Number 152/156, Broad Street, Lagos
Union Bank Plc
Number 40, Marina, Lagos state
Union Bank Plc
Number 123, Itire Road, Lawanson Surulere, Lagos
Union Bank Plc
Plot 8, Block K, Oshodi Expressway, Apapa, Lagos
Union Bank Plc
Number 169, Iju Road, Agege, Lagos state
Union Bank Plc
Lateef Jakande Road, Agidingbi, Lagos state
Union Bank Plc
Number 62, Lagos Road, Ikorodu, Lagos state
Union Bank Plc
Golden Plaza at Falomo, Ikoyi, Lagos state
Union Bank Plc
Falomo Shopping Center, Ikoyi, Lagos state
Union Bank Plc
Federal Secretariat Complex, Lagos, Lagos state
Union Bank Plc
Number 1, AFESS Road, Alaba, Lagos state
Union Bank Plc
Number 1A, Old Ojo Road, Maza-Maza, Lagos state
Union Bank Plc
Number 50, Docemo Street, Obun Eko, Idumota, Lagos state, Nigeria
Union Bank Plc
Number 62, Adesina Street Surulere, Lagos
Union Bank Plc
Lagos State University Teaching Hospital at Idi Araba, Mushin, Lagos
Union Bank Plc
Eric Moore Road, Surulere, Lagos state
Union Bank Plc
Number 6, Ijora Causeway, Ijora, Lagos State
Union Bank Plc
Oba Akran Avenue, Ikeja, Lagos state
Union Bank Plc
Ilupeju Industrial Estate, Ikeja, Lagos state
Union Bank Plc
Number 61, Lewis Street, Lagos
Union Bank Plc
Number 58/60, Kakawa Street, Kakawa, Lagos
Union Bank Plc
Domino Plaza, Victoria Island, Lagos state
Union Bank Plc
Oke-Arin Market, Lagos, Lagos state
Union Bank Plc
Yinka, Falowiyo Avenue Apapa
Union Bank Plc
Number 549, Ikorodu Road, Ketu, Lagos
Union Bank Plc
Trade Fair Complex on Lagos-Badagry Expressway, Lagos state
Union Bank Plc
Ikoyi Hotel, Victoria Island, Lagos
Union Bank Plc
Number 70, Allen Avenue, Ikeja, Lagos state
Union Bank Plc
Sura Market, Lagos, Lagos state
Union Bank Plc
Number 90, Ladipo Road, Mushin, Lagos state
Union Bank Plc
Aluminium village, Dopemu, Lagos state
Union Bank Plc
Wharf Road, Apapa, Lagos state
Union Bank Plc
Number 19, Tinubu Square, Lagos
Union Bank Plc
Number 36, Marina Road, Lagos state
Union Bank Plc
Number 223A, Agege Motor Road, Mushin, Lagos state
Union Bank Plc
Nigeria Airways at Oba Akran Avenue Ikeja, Lagos
Union Bank Plc
Mailand Hotel Building, Ebute Metta, Lagos state
Union Bank Plc
Number 13/15, Nojim Maiyegun Road, Obalende, Lagos state
Union Bank Plc
Number 6/8, Obun Eko Street, Lagos state
Union Bank Plc
ACME Road, Ogba Industrial Estate, Ikeja, Lagos state
Union Bank Plc
KM 20, Lagos/Epe Expressway, Victoria Island, Lagos state
Union Bank Plc
Number 349, Herbert Macaulay Street, Yaba, Lagos state
Union Bank Plc
Shopping Complex, House C on Sanusi-Olusi Street, Oke-Arin, Lagos state
Union Bank Plc
Number 18, Oshodi-Apapa Expressway, Oshodi, Lagos state
Union Bank Plc
Okokomaiko at Festac Town, Lagos State
Union Bank Plc
Number 150, Ikorodu Road at Adebowale House, Onipanu, Lagos state
Union Bank Plc
Number 3, Western Avenue, Surulere, Lagos state
Union Bank Plc
Plot G, Ikosi Road, Ikeja, Lagos state
Union Bank Plc
Number 30, Tincan Island Island Round About, Tincan island, Lagos state
Union Bank Plc
Number 36B, Coker Street, Orile, Lagos