Union Bank UK is a wholly owned subsidiary of Union Bank of Nigeria. Union Bank UK provides a wide range of banking products and services to customers doing business with Nigeria and other West African countries, including trade finance, retail banking, business banking, treasury services, commercial lending and private banking.
Union Bank UK Plc is the 143rd largest bank in the United Kingdom in terms of total assets. In 2019 its total assets were 454,80 mln USD, providing the bank with the market share of 0.00%. In 2019 the bank's annual profit was -11,66 mln USD.
Union Bank UK Plc participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Union Bank UK Plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Union Bank UK Plc is headquartered in London.
Union Bank UK Plc is authorized and supervised by the Financial Conduct Authority (reference number 400712).