Union Bank of Nigeria Plc has announced that it has embarked on a branch restructuring exercise that will enable it deliver efficient services to its customers nationwide.
The bank stated at the end of its ongoing transformation exercise, its branch networks across the country would expand to a total of 435, up from the 338 presently.
According to the Head, Corporate Affairs, Union Bank, Ogochukwu Ekezie-Ekaidem, the management of Union Bank took a look at all its branches and discovered that some of them are presently located in areas where there are very low activities and needed to be closed down.
“Some of the branches need to be closed down because they are no longer relevant and some of them obviously need to be upgraded and there is a lot of upgrading work going on presently.
“Some of our branches are huge and have a lot of space and a times we wonder why we need all the space. So we are redefining our branches into different categories,” she said.