Union Bank of Nigeria has received the highly acclaimed award for the ‘Best Trade Finance Platform Initiative’, at the recently concluded Middle East and Africa Banking Innovation Awards 2022.

The Middle East and Africa Banking Innovation Awards, organised by The Digital Banker, is a prestigious award program designed to recognise the world’s best-in-class commercial banks – across the Middle East and African region that blend technology and innovation, to deliver superior products and service for improved customer experience.

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Speaking on the win, Peter Amadi, head, trade products Union Bank, said: “We are honoured to be recognised by The Digital Banker. This award is a testament to our contribution towards the acceleration of the financial markets in the Middle East and African region. Union Bank remains committed to supporting our trade partners as we continue to deliver the highest quality transaction services and trade finance solutions to our customers.”

Union Bank received the award for its great strides in transaction banking after undergoing a comprehensive audit grade evaluation in which the bank successfully fulfilled the criteria for the above category.

Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks. She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings. Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.

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