4 results
- 23 Dec 2013
Unity Bank Shops for N38Bn Through Special Placement
Shareholders of Unity Bank on Monday approved the bank's plan to raise over N38 billion through special placements or rights issue. The shareholders gave the approval at the bank's third…
- 9 Oct 2014
Unity Bank Seeks Support of EFCC over N40Bn Debt
The management of Unity Bank Plc plans to invite the Economic and Financial Crimes Commission to help the bank recover over N40bn debt from customers that have been failing in fulfilling their loan…
- 22 Dec 2014
Unity Bank Plans Aggressive Loan Recovery
Unity Bank Plc said it would adopt peaceful resolution and where necessary aggressive legal processes in its efforts to recover debts owed the financial institution. Besides, it hinted that the bank…
- 11 Jun 2015
N400Bn Bad Debt: Banks to Publish Names of Debtors by August 1
About N400 billion bad debt outstanding in the banking sector is causing panic in the industry and most of the debtors are individuals who have the capacity to pay but have refused to do so.…