Titan bank ceases operation as Union Bank finalizes takeover
Titan Trust Bank Limited has ceased operation as Union Bank of Nigeria has officially completed its merger, marking a significant milestone in Nigeria’s banking sector.
The consolidation, approved by the Central Bank of Nigeria (CBN), results in the full absorption of Titan Trust Bank’s operations and assets into Union Bank, effectively ending Titan Trust’s existence as a separate entity.
According to a statement released by Union Bank’s Head of Brand and Marketing, Mrs. Olufunmilola Aluko, the merged institution will continue under the Union Bank brand.
