Union Natl Bk (UNB)

5.850 -0.050 (-0.85%)
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Union Natl Bk Company Profile

Equity Type
As of April 30, 2019, Union National Bank - Public Joint Stock Company was acquired by Abu Dhabi Commercial Bank PJSC. Union National Bank - Public Joint Stock Company provides commercial and investment banking services for retail, high net worth individual, and SME customers in the United Arab Emirates and internationally. The company operates through Corporate Banking, Consumer Banking, Islamic banking, Treasury and Investment Banking, and International and unallocated segments. It offers various accounts, including savings, current, fixed deposit, call, payroll, Al Maha for women, Al Ahbab for kids, Al Foursan for young adults, everyday interest savings, accelerating rate deposit, and online saver accounts, as well as saving schemes accounts; loans comprising personal, home, car, SME commercial, commercial vehicle, medic, commercial rent, point of sale, and trade loans; cards; insurance products; trade finance; investment products; and online banking services. The company also provides credit facilities; treasury; syndication; cash management; project finance; and trade services. In addition, it offers foreign exchange, derivatives, and other services; merchant banking and security services; and wealth management services, as well as Islamic products, such as Murabaha, Ijarah finance, Istisna, and Mudaraba; and shariah compliance financing solutions. Further, the company offers correspondent banking services, including vostro accounts, remittances, various funding options, issuance of guarantees, and letters of credit; and brokerage services. It operates through 74 branches in the United Arab Emirates; 1 branch in the Qatar Financial Centre, the State of Qatar; 1 branch in the State of Kuwait; and 1 branch in the People’s Republic of China. The company was founded in 1982 and is headquartered in Abu Dhabi, the United Arab Emirates.
Contact Information
Abu Dhabi, United Arab Emirates
971 2 6741600
971 2 6786080

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