Union National Bank, 50-per cent owned by the Abu Dhabi government, posted a 12.4 per cent fall in third-quarter net profit on Sunday, missing analysts' forecasts because of loan impairments and lower investment income.
Union National Bank 50 per cent owned by the Abu Dhabi government, on Wednesday posted a 10 per cent rise in second quarter net profit, slightly missing analysts' forecasts.
The fifth largest lender on the Abu Dhabi exchange b
Union National Bank, 50 percent owned by the Abu Dhabi government, edged ahead of analysts' forecasts as it posted a 5.6 percent increase in second-quarter net profit on Sunday due to lower impairments.
The fifth-largest lende
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
UAE-based Union National Bank is set to finance the PCE Joint Venture for the mechanical works for Abu Dhabi International Airport – Midfield Terminal Building.
The JV comprises of Power Transmission Gulf
Union National Bank, Abu Dhabi's fourth-largest lender by market value, said on Sunday its fourth-quarter net profit more than doubled from a year earlier, but the results still fell short of analysts' expectations.
Abu Dhabi's Union National Bank missed analysts' forecasts yesterday, reporting a 14.7 percent drop in third- quarter profit due to lower interest income and higher loan impairments.
The lender, jointly owned by the govern
Abu Dhabi's Union National Bank missed analysts' forecasts on Thursday, reporting a 14.7 percent drop in third- quarter profit due to lower interest income and higher loan impairments.
The lender, jointly owned by the gove
Leading UAE lenders Mashreq and Union National Bank have signed a syndicated contracting facility to provide Dh392 million ($107 million) loan to Anel Emirates, a subisidiary of Turkish MEP contractor Anel Elektrik, for a major project in Abu Dh
Abu Dhabi's Union National Bank on Sunday reported a 7.2 percent rise in second-quarter profit helped lower provisions and reduced funding costs, beating analysts' expectations.
The lender, jointly owned by the governments