Skye Bank - a synergy of five dynamic banking institutions in Nigeria was formed in January 2006 . The merger of the banks - Prudent Bank, EIB International Bank, Bond Bank, Reliance Bank and Cooperative Bank.

The decision of these banks to merge was informed by the identified synergies and sustainable competitive advantages the merger would confer on the new institution as a Big Bank.

Skye Bank currently has shareholders funds in excess of the =N=25 billion minimum requirement. The bank is set to take its customers to a new level in retail banking by developinbg innovate consumer products that will suit their needs.

Skye Bank is a full service Bank with diversified product base and a national network of branches covering the major business locations in Nigeria in all the geo political zones of the country.

Skye Bank is owned by a diverse number of institutional and individual investors and the shares are quoted on the Nigerian Stock Exchange.

Today, the consolidated UBA is the largest financial services institution in West Africa with a balance sheet size in excess of One Trillion Naira (under USD8b) and more than six million (6m) customer accounts, operating out of the 2 most vibrant economies in the sub-region – Nigeria and Ghana. It has over six hundred and thirty (630) retail distribution centres across Nigeria, its main operational base, and 8 branches in Ghana. Outside Africa, it also has presence in New York and Cayman Island.

Established in 1961, it is the largest financial services Group in Nigeria and West Africa, with a balance sheet size in excess of N1.64trillion, the first Nigerian Bank ever to achieve this feat in the history of the Nigerian and West African banking industry.

UBA has grown from more than just a bank to a one-stop-shop financial services institution, providing solutions to more than 6 million core and walk-in customers through its expansive retail network of over 630 business offices. Having presence in all the commercial centres and major cities in Nigeria, UBA is often referred to as the neighborhood bank, which aligns with the bank’s strategic intent and brand strap “Africa's Global Bank ”. UBA’s aim is to deliver what the customer wants and expects; closeness and proximity, choice, convenience and customization.