Speaking after he received the award on behalf of the bank, the bank's Managing Director and Chief Executive Officer, Mr. Henry James Semenitari, declared that it was not a surprise that the
This, he stated, is evidenced in the bank's wide range of agricultural products for both small scale and large scale farmers - collectively known as Unity Greens - which cover General agro-allied financing, Industrial as well as Cooperative leasing, support schemes and products.
"With over 150 branches along the Nigerian Agrarian Belt, the Bank has long recognised this positioning as an area in which it can make its impact felt. It would be recalled that the Bank had in 2013 received recognition for its support of the Northern economy."
The opening of application list followed approvals of the
The bank will also be undertaking a private placement of 40 billion ordinary shares of 50 kobo each at 50 kobo each to bring in additional N20 billion in new equity funds next month.
The net proceeds of the new capital issues would be used for new branch development, upgrade of information and communication technology, human resource development, working capital and products and channel upgrade among others.
"It is a penny stock and it can only get better. The bank focus is being reinvented considering the background of where we came from, it is been very challenging from the post consolidation period but at least now we have overcome these issues. The bank is set for turnaround," Dikko said.
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