The Group Managing Director/Chief Executive, Dr Barth Ebong, stated this at a reception organized in Lagos recently to honour and appreciate farmers and entrepreneurs financed by the Bank, who had distinguished themselves in agricultural production and entrepreneurship as well as won Central Bank of Nigeria (CBN) awards for themselves and for Union Bank.He
noted that the success of the Bank's role in agricultural financing was indicated in the level of funds committed to the sector since it started in 1977.He
said the significant increase in the bank's exposure to farmers was to ensure that Union Bank
assisted in completely eliminating food shortage and poverty in the country and to create employment opportunities for the teeming population, stressing that the Bank's efforts in agricultural financing had also been recognized by some foreign organizations, including the Food
and Agricultural Organisation.Dr Ebong
stated that it was the Bank's philosophy to ensure that the growth at the country was not restricted to oil and gas alone, but also to the industries that keep the oil and gas flowing and useful.He
averred that Union Bank's
consistent dominant performance was predicated on ingenious development and marketing of a number of agro-based micro-credit services and products, and urged farmers in the country and prospective ones to take advantage of such products/services to enhance their production.