Fidelity Acquisition: Union Bank UK Not Part Of Titan Trust’s Deal With Union Bank Nigeria

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 77%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Contrary to reports in some sections of the online media, the Titan Trust Bank (TTB) Limited has clarified that Union Bank UK. which Fidelity Bank Plc

announced that it has reached an agreement to acquire, was not part of Union Bank of Nigeria Plc initially acquired by it.

Recall that earlier in the year, Titan Trust Bank through its parent company, Tropical General Investments Limited , completed the acquisition of Union Bank of Nigeria, as part of its ambitious plan of building a strong Tier-1 brand capable of taking up a larger market share in the country and the larger continent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines