Providus, Unity Bank Begin Integration as Merger Enters Final Phase

The merger between Providus Bank and Unity Bank has entered the integration phase following the completion of all legal and regulatory requirements, setting the stage for the emergence of ProvidusUnity Bank Limited.
The merger between the two banks had recently been sanctioned by the court clearing the last hurdle for the combination of both financial institutions and paving the way for the full rollout of the merged entity.
Industry sources familiar with the process disclosed that the merger itself had been substantially concluded earlier, with current activities focused on post merger integration aimed at harmonising operations, technology platforms and service delivery structures a...