Friday 23 February 2018
 
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Union National Bank

UNB posts net profit of $451m for 2017

Union National Bank (UNB), a leading bank in the UAE, has recorded a net profit of Dh1,657 million ($451 million) for the year 2017, up by five per cent compared to the previous year, a media report said. The net profit for the fo

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Al Ahli unit launches women for business initiative

Al Ahli Holding Group (AAHG), a multi-diversified international conglomerate, unveiled the first edition of Women for Business, a multicultural CSR program designed by the company in partnership with Union National Bank and La Rochelle Educati

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Aldar, UNB ink escrow services agreement

Aldar Properties, a leading listed property development company in Abu Dhabi, UAE, has signed an agreement with Union National Bank (UNB) to provide escrow account services for the buyers of its waterfront project Water’s Edge.

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Union National Q1 net profit drops 27pc

Union National Bank (UNB), 50 per cent owned by the Abu Dhabi government, posted a 27 per cent drop in first quarter net profit on Thursday. The fifth largest lender in the emirate by assets reported a net profit attributable to e

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Union National to raise $500m in 3-year loan

Union National Bank, 50 per cent owned by the Abu Dhabi government, has picked five banks to raise a $500 million three-year syndicated loan, it said in a statement on Thursday. The fifth-largest lender on the Abu Dhabi exchange b

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UNB Q4 net profit up 42pc to $118m

Union National Bank, 50 per cent owned by the Abu Dhabi government, posted a 42 per cent rise in fourth-quarter net profit on Tuesday. The fifth-largest lender in the emirate by assets reported a net profit of Dh436 million ($118.

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UNB Islamic unit joins DMCC platform

Al Wifaq Finance Company, the Islamic unit of UAE-based Union National Bank, said it has joined the Dubai Multi Commodities Centre (DMCC) Tradeflow platform. With this move, Al Wifaq aims to conduct new innovative commodity Muraba

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Union National Bank Q1 profit up 3.5pc

Abu Dhabi's Union National Bank (UNB) posted a 3.5 percent rise in first-quarter net profit on Monday, beating the estimates of analysts who had expected its earnings to shrink. The bank made a profit of 512.1 million dirhams

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Al Yousuf, UNB launch new green loan

Al Yousuf GreenTech (AGT), a leading provider of energy-saving electrical solutions, has partnered with the UAE-based Union National Bank (UNB) to launch the first-of-its-kind 'Green Loan' service in the region. A subsidia

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Two Abu Dhabi banks repay $1.5bn in govt funds

Two major banks in the UAE capital - Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) - have repaid Dh5.5 billion ($1.49 billion) in UAE government support they received in the wake of the global financial crisis, following the lea

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