UNION BANK RELEASES GROUP AUDITED FINANCIAL STATEMENT FOR 2022: POSTS STRONG REVENUE GROWTH

Union Bank has announced the release of its audited financial statements for the year ended 31st December 2022, which reflects strong financial performance despite macroeconomic headwinds. Union Bank maintained consistent success due to the disciplined execution of its go-to-market strategy focused on deepening its core business while exploring new areas of opportunity to acquire, engage, and retain customers. Bank Financial Highlights: ●Gross Earnings: up 19% to ₦208.2 billion (₦175.0 billion in 2021), driven by strong growth in Net Interest Income. ●Net Interest Income: up 33% to ₦59.1 billion (₦44.3 billion…

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