Union Bank of Nigeria Balance Sheet Health
Financial Health criteria checks 4/6
Union Bank of Nigeria has total assets of NGN2,925.5B and total equity of NGN309.6B. Total deposits are NGN1,649.0B, and total loans are NGN981.6B.
Key information
9.4x
Asset to equity ratio
n/a
Net interest margin
| Total deposits | ₦1.65t |
| Loan to deposit ratio | Appropriate |
| Bad loans | 4.0% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | ₦491.71b |
Recent financial health updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: UBN's Assets to Equity ratio (9.4x) is low.
Allowance for Bad Loans: UBN has a low allowance for bad loans (79%).
Low Risk Liabilities: 63% of UBN's liabilities are made up of primarily low risk sources of funding.
Loan Level: UBN has an appropriate level of Loans to Assets ratio (34%).
Low Risk Deposits: UBN's Loans to Deposits ratio (60%) is appropriate.
Level of Bad Loans: UBN has a high level of bad loans (4%).