Union Bank grows earnings by 19%

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The Group’s net interest income went up by 33 per cent to N59.1bn in 2022 from N44.3bn in 2021, driven by growth in earning assets.

Commenting on the results, the Managing Director/Chief Executive Officer, Mudassir Amray, said, “Despite the macroeconomic headwinds of 2022, we recorded strong performance across key financial and operational indicators.

“On the back of this, we are increasing our customer acquisition and engagement, translating into higher revenues across our regions.”

 

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