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Union Bank of Nigeria plc (Exchange: NSE Ticker: UBN)
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Company Quote
Trade Date 05 Feb, 2010 Currency NGN (NIARA)
Last Trade 6.15 volume 3,293,265
Net Change -0.20 Value 20,545,543.54
% Change -3.15 Issued Shares 9,649,804,481
Open 6.35 Market Cap. 59,346,297,558.15
Today's High 6.35 Bid N/A
Today's Low 6.15 Ask N/A

Company Profile
Name Union Bank of Nigeria plc Website www.unionbankng.com
Security Type Ordinary Phone +234-1-2630361
Ticker UBN Fax +234-1-2669873
Reuters Code Email info@unionbankng.com
ISIN NGUBN0000004 Address Stallion Plaza
Number of Employees 7,828 36 Marina
Year Listed 1970 Lagos, Nigeria
Nature of Business Establish in 1917 as a colonial bank with its first branch in Lagos, Union Bank of Nigeria plc was incorporated in 1969 and has since grown within the country including offshore braches in London and Johannesburg, South Africa. The bank t o d ay offers a wide array of banking services ranging from generalized offerings such as Checking Accounts and Foreig n Ex ch ange Domiciliation, to the more specialized services such as Equipment Leasing and Commercial papers.

In line wi th the Central Bank of Nigeria banking consolidation policy, Union Bank of Nigeria Plc acquired three other banks- Uni vers al T rust Bank Plc, Broad Bank Ltd and Union Merchant Bank Ltd.- they now operate under the brand name of Unio n Ban k of Niger ia Plc. With the successful acquisition of the three banks, Union Bank remains one of the most capital ised b anks i n Nige ria. It also has the largest shareholders’ funds of N57.32billion and operates through 379 network of bran ches th at are well spread across the country, of which more than 340 are on-line, real time.

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Industry Peers
Company Country Exchange Ticker Close
Price
Change Market
Cap (Mil)
Access Bank Nigeria plc Nigeria NSE ACCESS NGN 9.12 
(05 Feb)
-0.48 (-5.00%) NGN 10,944
Afribank Nigeria plc Nigeria NSE AFRIBANK NGN 3.01 
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+0.01 (+0.33%) NGN 15,376
African Express Bank plc Nigeria NSE ORIENTBANK      
ASO Savings & Loans plc Nigeria NSE ASOSAVINGS NGN 0.67 
(05 Feb)
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Associated Construction Development Bank (ACDB) Nigeria NSE ACDB      
Chartered Bank plc Nigeria NSE CHARTERED      
Cooperative Bank plc Nigeria NSE COOPBANK      
Ecobank Nigeria plc Nigeria NSE ECOBANK NGN 6.72 
(05 Feb)
-0.35 (-4.95%) NGN 146
First Atlantic Bank plc Nigeria NSE ATLANTICBK      
First Bank of Nigeria plc Nigeria NSE FIRSTBANK NGN 15.17 
(05 Feb)
-0.79 (-4.95%) NGN 157,157
Ghana Commercial Bank Limited Ghana GSE GCB GHC 7,300.00 
(05 Feb)
+0.00 (+0.00%) GHC 1,204,500
Liberty Bank plc Nigeria NSE LIBERTY      
Lion Bank plc Nigeria NSE LIONBANK      
NAL Merchant Bank plc Nigeria NSE NAL      
Oceanic Bank International Plc Nigeria NSE OCEANIC NGN 2.18 
(05 Feb)
-0.11 (-4.80%) NGN 25,380
Omega Bank plc Nigeria NSE OMEGABANK      
Orient Bank of Nigeria plc Nigeria NSE ORIENTBANK      
Owena Bank Nigeria plc Nigeria NSE OWENABANK      
Resort Savings and Loans Limited Nigeria NSE RESORT NGN 0.50 
(05 Feb)
+0.00 (+0.00%)  
Societe Generale - Social Security Bank Limited Ghana GSE SG-SSB GHC 4,800.00 
(05 Feb)
+0.00 (+0.00%) GHC 684,000
Spring Bank plc Nigeria NSE SPRINGBANK NGN 1.40 
(05 Feb)
+0.06 (+4.48%)  
Standard Chartered Bank Ghana Limited Ghana GSE SCB GHC 303,500.00 
(05 Feb)
+0.00 (+0.00%) GHC 5,341,600
United Bank For Africa plc Nigeria NSE UBA NGN 13.68 
(05 Feb)
-0.72 (-5.00%) NGN 96,581
Zenith Bank plc Nigeria NSE ZENITHBANK NGN 15.85 
(05 Feb)
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