The management of Union Bank of Nigeria Plc has said that the bankâ€™s participation at the 2010 Enugu International Trade Fair would boost economic recovery of small and medium enterprises, agro allied companies and all categories of farmers as it is poised to offer full financial advisory services tailored to meet customersâ€™ specific needs.
In a release signed by Principal Manager, Corporate Affairs, Mr.Francis D. Barde, the bank said that Union Bank is specifically set to assist small, medium and large scale farmers of cocoa, tree and arable crops, cotton, poultry and out-growers schemes under its commercial agriculture platform by offering loans with attractive rate with no hidden charges.
The bankâ€™s participation in the disbursement of N200 billion Central Bank of Nigeria (CBN) earmarked for commercial farming is an assurance that Union Bank would be more than ever ready to lend to qualified investors in the agric sector.
â€œThe bank has the deepest penetration in the industry with highly experienced specialized officers.â€
â€œIn addition, the fair would be offering the platform for the bank to provide full range of business advisory services on imports, oil and gas and solid minerals as well as foreign exchange transactions.
â€œThe bank would also parade value creating products and services for its numerous existing and prospective customers, namely Unionever, Savings/current account based products, Union lifetime accounts.
Others are Unionwealth, consumer credit finance loans products and Union galaxy, the electronic package, designed to meet various desires of high net-worth individuals, enterprise owners and students.
This would be complemented with the banks e-banking products/services, including internet banking, Union mobile commerce, ATM services and Point of Sales (POS) services.
Customers could also make fund transfers by using e-payment channels like Nept, Union galaxy, corporate pay and RTGs as well as view their balances, print statement of accounts, transfer money to any bank account in Nigeria; buy airtime from any network as well as pay bills (i.e DSTV, HITV, PHCN etc).
At the just concluded Kaduna International Trade Fair, Union Bank was adjudged one of the most courteous banks, having consistently participated actively in the fairs of which Enugu Fair would not be different.