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Fintech, partners eye acquisition of Union Bank's loans

A German-Nigerian fintech firm, BFREE, and some of its international financing partners have revealed the possibility of acquiring some of the distressed loan portfolios of Union Bank of Nigeria. ....

Joe Mbulu , Union Bank , Nigerian Business Forum , German Nigerian Business Forum , Official Daily List , Nigerian Exchange Limited , Executive Director ,

German Firm to Acquire Union Bank Loans as CBN Activates Automatic Debit on Debtors' Accounts

A German-Nigerian financial technology company, BEREE is acquiring non-performing loans in Union Bank and refinancing them with $40 million after exiting NGX. ....

Joe Mbulu , Olayemi Cardoso , Pascal Oparada , Union Bank , Governor Of The Central Bank , Daily List Of Nigeria Exchange , Nigerian Business Forum , Borrower Programme , German Nigerian Business Forum , Official Daily List , Nigeria Exchange Limited , Executive Director , Central Bank , Anchor Borrower Programme , Cbn Central Bank Of Nigeria , Federal Republic Of Nigeria ,