Union Bank Of Nigeria traded at 6.65 this Friday November 24th. Looking back, over the last four weeks, Union Bank Of Nigeria lost 2.21 percent. Over the last 12 months, its price rose by 1.53 percent. Looking ahead, we forecast Union Bank Of Nigeria to be priced at 6.53 by the end of this quarter and at 6.17 in one year, according to Trading Economics global macro models projections and analysts expectations.
Union Bank of Nigeria Plc (the Bank) is engaged in the provision of banking and related financial services to corporate and individual customers. The Bank's services include the granting of loans and advances, acceptance of deposits and money market activities. It has four segments: retail banking, corporate banking, treasury and investment banking, and asset management. Its retail banking segment offers private banking services, private customer current accounts, deposits, investment savings products, custody, credit and debit cards, consumer loans and mortgages. Its corporate banking segment offers direct debit facilities, current accounts, deposits, overdrafts, loan and other credit facilities, and foreign currency products. Its treasury and investment banking segment offers financial instruments trading, structured financing, corporate leasing and advisory service. Its asset management segment provides financial intermediation services and equipment leasing, among others.