Union Bank has declared that it will increase its efforts to make funding more available to small and medium businesses, as well as retail banking operations, in order to help them create more value.
Ogochukwu Ekezie-Ekaidem, the bank’s Chief Brand and Marketing Officer, made the news alongside other senior officials during a webinar held recently.
Ekezie-Ekaidem said the bank was looking to form a cluster of as many SMEs as possible and provide them with market access and business consultancy services, among other things.
“On the banking side, under the new Chief Executive Officer, Mr Emeka Okonkwo, we have continued to make progress; we have structured our businesses in a way that gives more autonomy to our regions and branches in order to generate more business. We have three regional executives that handle the regions in this case,” she explained.