Home Banking | Finance | Money security Unity Bank Declares N2.2 Billion Profit in Q3/2022, Grows Gross Earnings by...

Unity Bank Declares N2.2 Billion Profit in Q3/2022, Grows Gross Earnings by 17%


sentiment in the market, especially at a time the market is experiencing a downturn with high inflationary trend and volatility which impacts negatively on the operating environment.

She stated that “as we take further bold and audacious steps to round up the year on a stronger note, the Bank will create more initiatives even in the very short term to broaden its retail focus, ride on novel technology and digital Banking to push aggressively on product marketing in addition to major activations in identified market segments to attract sustainable streams of income for the Bank.

“The outlook for our financial position for the current year is bright as the Bank is increasingly innovating with products and collaborative strategies to diversify our portfolio businesses while taking advantage of robust technological resource to take on mass market & the unbanked sector thereby boosting income and liability generation and financial inclusion of the banking ecosystem” she said.

In the view of analysts, the growing retail franchise of the lender will create a sustainable income with stronger foothold in the market which will impact on business growth and the financial position of the Bank.

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