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Union National Bank

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Union National Bank
Company typeCorporation
Traded asADX: UNB
IndustryBank
Founded1982; 42 years ago (1982)
FounderAgha Hasan Abedi
Defunct2019; 5 years ago (2019)
FateMerged with Abu Dhabi Commercial Bank and Al-Hilal
SuccessorADCB
HeadquartersAbu Dhabi, United Arab Emirates
Websitehttps://www.unb.com
This article is about the UAE bank. For the defunct bank in the U.S. state of Delaware, see Union National Bank.

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. The bank had its shares listed in the Abu Dhabi Securities Exchange (ADX) under the symbol UNB.

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.

In 2006, during the Egyptian banking industry reforms, Alexandria Commercial and Maritime Bank was privatised and subsequently acquired by Union National Bank.

Board of Directors

The board of directors of Union National Bank before its merger included:

  • Nahyan bin Mubarak Al Nahyan (chairman)
  • 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

  1. "Is this the end of Abu Dhabi group in Pakistan? And who is to blame?". Profit by Pakistan Today. October 7, 2019.
  2. "ADCB, UNB, Al Hilal merge, creating UAE's third largest bank". gulfnews.com. May 2019. Retrieved 2019-10-24.
  3. "The Determinants of the Performance of Commercial Banks Industry Evidence of Listed Commercial Banks at Adx - ProQuest". www.proquest.com. Retrieved 2024-05-08.
  4. "List of Union National Bank Branches and ATMs in Dubai". Dubai OFW. 2018-04-28. Retrieved 2020-07-29.
  5. Elsayed, Mohamed (2015). Economic Reform, Banks’ Efficiency and Market Structure in Egypt (Doctoral thesis). Durham University.
  6. 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
  7. "UNB reduces its Egyptian branch's board of directors to seven members - Dailynewsegypt". 2019-03-23. Retrieved 2024-05-08.
  8. The Europa World Year Book 2004. Vol. 2 (2004 ed.). London: Europa Publications. 2004. p. 4333. ISBN 1-85743-255-X.
  1. ADX shares quote Archived 2008-06-14 at the Wayback Machine
  2. SCA shares quote SCA |Companies

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