Late last year, it was reported that titan trust bank have bought around 89 percent stake of union bank, but my concern is why they have not started rebranding all union bank branches like access bank did when they acquired diamond bank. This really bring me to this question. Did titan actually acquire those stakes in your union bank.

CALEB1590:
Late last year, it was reported that titan trust bank have bought around 89 percent stake of union bank, but my concern is why they have not started rebranding all union bank branches like access bank did when they acquired diamond bank. This really bring me to this question. Did titan actually acquire those stakes in your union bank.

Bought 89% stake (shares) does not translate to bought Union Bank. The implications of the transaction is that Titan has major controlling power and influence on the management and operational processes of Union.

Who owns TITAN?