Unity Bank’s capital base hits N80bn

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Thomas Etuh

Unity Bank Plc’s capital base has hit N80 billion, up from N31 billion in 2014, Mr Thomas Etuh, former Chairman, Board of Directors, has said.

Etuh, the immediate past board chairman of the bank said in a post-retirement interview with the News Agency of Nigeria (NAN) in Abuja that the growth was recorded under his watch, between 2014 and 2017.

Etuh who retired as the bank’s board chairman a fortnight ago, explained that the bank was able to achieve the feat because of its “agric business” banking.

“You know Unity Bank is number one in agriculture, in terms of agric lending to small holder farmers; we also have a product for youths because youths own this generation.

“I came into Unity Bank in time of recapitalisation under Mohammed Sanusi as the CBN Governor and we recapitalised the bank to get it to a national bank where it is today.

“Interestingly,…

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