Union National Bank
Encyclopedia
Union National Bank was established as a Public Joint Stock Company in 1982 and it is one of the leading domestic banks in the United Arab Emirates
United Arab Emirates
The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...

. The headquarters are in Abu Dhabi
Abu Dhabi
Abu Dhabi , literally Father of Gazelle, is the capital and the second largest city of the United Arab Emirates in terms of population and the largest of the seven member emirates of the United Arab Emirates. Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western...

. The bank offers a variety of products and services, addressing needs ranging from basic requirements of individuals to the more complex requirements of corporate entities. Electronic delivery channels, ably supported by an extensive network of banking centers encompassing over 49 locations across all the Emirates. In 2006, the Bank acquired the Alexandria Commercial and Maritime Bank, which was established in 1981 in Alexandria, Egypt, in a privatization.

Founders and chairman

It is the only bank that is jointly owned by the Governments of Abu Dhabi
Abu Dhabi
Abu Dhabi , literally Father of Gazelle, is the capital and the second largest city of the United Arab Emirates in terms of population and the largest of the seven member emirates of the United Arab Emirates. Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western...

 and Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...

. The Chairman is H.E.
Excellency
Excellency is an honorific style given to certain members of an organization or state.Usually, people styled "Excellency" are heads of state, heads of government, governors, ambassadors, certain ecclesiastics, royalty, aristocracy, and military, and others holding equivalent rank .It is...

 Sheikh
Sheikh
Not to be confused with sikhSheikh — also spelled Sheik or Shaikh, or transliterated as Shaykh — is an honorific in the Arabic language that literally means "elder" and carries the meaning "leader and/or governor"...

 Nahayan Mabarak Al Nahayan, Minister
Minister (government)
A minister is a politician who holds significant public office in a national or regional government. Senior ministers are members of the cabinet....

 of Education
Education
Education in its broadest, general sense is the means through which the aims and habits of a group of people lives on from one generation to the next. Generally, it occurs through any experience that has a formative effect on the way one thinks, feels, or acts...

 and Scientific Research.

Board of directors

  • HH. Sheikh Nahyan Bin Mubarak Al Nahyan
  • Mr. Rashed Darweesh Ahmad Al Ketbi Member
  • Mr. Ahmad Saeed Mohammed Al Badi Al Dahiri Member
  • Mr. Mohmmed Ahmad Al Bowardi Al Flasi Member
  • Mr. Ahmed Yousef Abdullah Al Sayegh Member
  • Mr. Mohammed Rashid Ahmad Al Nasri Member
  • Mr. Sami Ahmad Dhaen Al Qamzi Member
  • Mr. Butti Saeed Mohammed Al Kindi Member

Stock listing

The bank has its shares listed in ADX
Abu Dhabi Securities Exchange
Abu Dhabi Securities Exchange [ADSM] is a stock exchange in Abu Dhabi, United Arab Emirates . It was established on 15 November 2000 to trade shares of UAE companies. There are trading locations in Abu Dhabi, Al Ain, Fujeirah, Sharjah, and Ras Al Khaimah...

under the symbol UNB.
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