Union Bank Plc ,has introduced UnionPro, a proposition designed to provide tailored financial services and solutions to supermarkets and large retail chain stores.
Large retailers could now access a single platform offering a wide bouquet of solutions to enrich their businesses and optimise their offerings with UnionPro, according to the commercial bank
It said these solutions included agency banking, point-of-sale terminals; in-store ATM deployments; web payment gateways and access to Union360 – a secure web- based solution that offered an end-to-end single point for payments and collections.
It added retailers could also benefit from business loans such as overdrafts, short-term finance, distributor finance and invoice discounting finance.
The bank hopes to strengthen its support for the Nigerian retail sector which continued to show promise despite harsh economic conditions,the Divisional Executive, Commercial Banking, Gloria Omereonye said.
She reiterated the bank’s strategic approach to developing innovative services that support its customers,adding that: “We are proud to support local businesses through tailored products and services that ease the challenges of doing business in Nigeria.
“With UnionPro, we are making a commitment to work closely with large retailers, providing the necessary support they require to grow and expand their businesses.”
