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Unity Bank wins CBN development finance award

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Unity Bank

Unity Bank Plc has received the “2018 Best Participating Bank,” of the Central Bank of Nigeria (CBN’s) Development Finance activities award,” in Jigawa State, Northwest, Nigeria, it said in a statement.

The recognition came at the Dutse Bankers Forum, organised by the CBN, which brought together financial stakeholders, including representatives of Chartered Institute of Bankers (CIBN) North West Zone, NIRSAL, 16 commercial banks in Jigawa State, the Controller of Prison Service, and Turaki of Dutse, who represented the Emir of Dutse.

Receiving the award, Unity Bank’s Regional Manager, Dutse, Mustapha Idris Baba, was quoted as commending the CBN for the recognition, which is “testament to the Bank’s growing franchise as a retail bank of choice as well as its deep rooted financial inclusion strategy in Jigawa State.”

Unity Bank had previously won two highly coveted award two months ago; namely, the CBN 2018 sustainable banking award for ‘Sustainable Transaction of the Year in Agriculture’, and Presidential Award in recognition of the Bank’s participation under the Anchor Borrowers Programme. This award confirms the rising profile of Unity Bank Plc as a leader in Agricultural financing.

Commenting on the development and other exceptional achievements recorded in the recent past, its Managing Director/Chief Executive Officer, Mrs. Tomi Somefun, was quoted as saying the awards are strong indications of the success of Unity Bank’s business model. These underpin the resilience, endurance, robustness and viability of the brand to sustainably deliver exceptional financial services to individuals, groups, and organisations across segments.

She said: “the bank is committed to financial inclusion by deploying technological edge to enhance electronic convenience for all its customers.”
The Jigawa State Governor, Mohammad Badaru Abubakar, represented by his Accountant-General,  Haruna Ahmed-Amin, commended Unity Bank for its focus in driving financial inclusion in the state.

He used the occasion to call on all banks operating in the state to come up with tangible offers for their teeming customers by developing financial services products that will enable them penetrate the rural population and the farmers, thereby reducing dependence on public sector deposits.

At the Annual Dutse Bankers Forum, Unity Bank was also recognised for emerging winner of the 2018 Dutse Bankers Forum football competition held as part of the activities marking the event.


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