Union Bank of Nigeria has been honoured with the Best SME Growth Banking Initiatives Award for 2025 by the Association of Small Business Owners of Nigeria at the Nigeria National SME Business Awards held in Lagos.
The award recognises the Bank’s leadership and commitment to supporting the growth and resilience of small and medium-sized enterprises through innovative financial solutions and customer-focused banking services.
Receiving the award on behalf of the Bank, Head of SME Segment at Union Bank, Ayokunnumi Abraham, described the recognition as an endorsement of the Bank’s dedication to helping SMEs grow through simpler, faster, and more accessible banking solutions.
He explained that the Bank has enhanced its specialised digital platforms, including Union360, to reduce onboarding time for businesses, improve digital adoption among SME customers, and support the acquisition of new business clients.
The Nigeria National SME Business Awards was organised by ASBON in partnership with the Lagos State Ministry of Commerce, Cooperatives, Trade and Investment and brought together stakeholders from both the public and private sectors to recognise organisations contributing significantly to Nigeria’s SME ecosystem.
Union Bank said it remains committed to deepening support for SMEs through customer-led solutions and innovative banking processes aimed at strengthening business growth across the country.