Unity Bank Plc has notified the Nigerian Exchange and the investing public that the Central Bank of Nigeria (CBN) has approved the proposal for the merger between Unity Bank Plc and Providus Bank Limited.
The formal regulatory approval will now necessitate further actions towards a formal completion process of the merger. By this development, we are happy to communicate our readiness to comply with the CBN new recapitalization framework for Banks in Nigeria.
Please be assured that the Bank will continue to update NGX, our esteemed shareholders and other stakeholders on the progress in this regard.