Union National Bank (UNB) was a bank based in Abu Dhabi, United Arab Emirates, from 1982 until it merged with Abu Dhabi Commercial Bank in 2019.[2] The bank had its shares listed in the Abu Dhabi Securities Exchange (ADX) under the symbol UNB.[3]
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| Company type | Corporation |
|---|---|
| ADX: UNB | |
| Industry | Bank |
| Founded | 1982 |
| Founder | Agha Hasan Abedi[1] |
| Defunct | 2019 |
| Fate | Merged with Abu Dhabi Commercial Bank and Al-Hilal |
| Successor | ADCB |
| Headquarters | , |
| Website | https://www.unb.com |
It was established as a Public Joint Stock Company in 1982, and became one of the UAE's leading domestic banks in the United Arab Emirates. The bank offered a variety of products and services to individuals and corporations. It had more than 50 branches and banking centers.[4]
In 2006, during the Egyptian banking industry reforms, Alexandria Commercial and Maritime Bank was privatised and subsequently acquired by Union National Bank.[5][6]
Board of Directors
editThe board of directors of Union National Bank before its merger included:[7]
- Nahyan bin Mubarak Al Nahyan (chairman)[8]
- Mohammad Nasr Abdeen (vice chairman and managing director)
- Mohamed Dhaen Al Hamli (vice chairman)
- Yousef Abdulaziz Al Harmoodi (member)
- Mohammad Ali Al Khawaja (member)
- Ahmed Jasim Al Zaabi (member)
- Mohamed Tawfik Ezz Eldin (member)
- Mohamed Moustafa Abdel Atty (member)
References
edit- ^ "Is this the end of Abu Dhabi group in Pakistan? And who is to blame?". Profit by Pakistan Today. October 7, 2019.
- ^ "ADCB, UNB, Al Hilal merge, creating UAE's third largest bank". gulfnews.com. May 2019. Retrieved 2019-10-24.
- ^ "The Determinants of the Performance of Commercial Banks Industry Evidence of Listed Commercial Banks at Adx - ProQuest". www.proquest.com. Retrieved 2024-05-08.
- ^ "List of Union National Bank Branches and ATMs in Dubai". Dubai OFW. 2018-04-28. Retrieved 2020-07-29.
- ^ Elsayed, Mohamed (2015). Economic Reform, Banks’ Efficiency and Market Structure in Egypt (Doctoral thesis). Durham University.
- ^ Wagdi, Osama; Eman Salman (2022-03-15), Determinants of a Bank's Performance in Emerging Markets: Evidence from Egypt (SSRN Scholarly Paper), Rochester, NY: Academy of Accounting and Financial Studies, retrieved 2024-05-08
- ^ "UNB reduces its Egyptian branch's board of directors to seven members - Dailynewsegypt". 2019-03-23. Retrieved 2024-05-08.
- ^ The Europa World Year Book 2004. Vol. 2 (2004 ed.). London: Europa Publications. 2004. p. 4333. ISBN 1-85743-255-X.
- ADX shares quote [1] Archived 2008-06-14 at the Wayback Machine
- SCA shares quote SCA |Companies
External links
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