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Providus Bank Rises to 9th Largest in Nigeria After Unity Bank Merger

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Providus Bank Rises to 9th Largest in Nigeria After Unity Bank Merger

Providus Bank Limited has become the 9th largest bank by assets in Nigeria after merging with Unity Bank. The approval from shareholders and boards of both banks marks a pivotal moment in the country's banking industry, reflecting resilience and foresight.

The combined entity now boasts total assets of trillions and deposits ranking 11th in the industry. With a significant branch network and customer base, the merger positions Providus Bank as a key player in the Nigerian banking landscape, emphasizing the commitment to building a stronger financial system.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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