Union National Bank seeks to increase Egypt market share in Egypt by 2023
Union National Bank - Egypt (UNBE) seeks to capture a market share of 3 percent by the end of 2023, up from 1.1…
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Union National Bank
Abu Dhabi shares jump, UNB makes fresh gains on merger talks
Abu Dhabi’s stock market inched higher on Wednesday, in contrast to most other Gulf markets, propelled by a surge…
UAE’s Union National Bank will open China branch, expand in Egypt: CEO
Union National Bank, 50 per cent owned by the Abu Dhabi government, is planning to open its first branch in China…
Banque Misr finalises $250 mln 3-yr loan
Banque Misr, Egypt's second-largest state lender, has raised a US$250 million loan of three years duration designed…
Union National Bank eyes 5% Egypt market share in 10 years
Union National Bank (UNB) is planning to boost its market share in the Egypt to 5 percent in the next ten years,…
Banque Misr to complete $250-300mn loan in December – chairman
Banque Misr is expecting to complete procedures to obtain a $250-300 million loan of three years duration in…
Qatar’s QNB Said to Hire McKinsey to Advise on Egypt Bank Growth
Qatar National Bank, the nation’s largest lender, hired McKinsey & Co. to help formulate a strategy for its…
NBE, SFD Sign EGP146 mln Contract to Finance SMEs
The National Bank of Egypt (NBE) signed a new contract in the amount of EGP 146 million with the Social Fund…
SAIB Pumps EGP200 mln in MAF’s Mall of Egypt Loan
Société Arabe Internationale de Banque (SAIB) has pumped on Sunday EGP 200 million as pursuant to the Dubai-based…
Union National Bank Egypt Approves Financial Statements For 2012
Union National Bank-Egypt’s general assembly approved the bank’s financial statements, board of director’s report…
Union National Bank-Egypt’s Retail Loans Hit EGP 704.4 Mln At End-2012
Union National Bank-Egypt’s retail loan portfolio surged 49.8% (EGP 234.3 million) to reach EGP 704.4 million at…
Union National Bank – Egypt To Discuss Conducting Islamic Banking Transactions In March
Union National Bank – Egypt’s ordinary general assembly will be held on March 30th. After receiving an approval…
Union National Bank – Egypt’s Net Profit Hit EGP 32.7 Mln In 2012
Union National Bank – Egypt achieved post-tax net profit of EGP 32.7 million at the end of 2012, compared to EGP…
Banks Close Branches In Tahrir, Others Open Side Doors In Qasr Al-Aini
As banks closed its branches and just replenished ATMs in Suez Canal governorates because of the violent clashes in…
Union National Bank Contributes EGP 150 Mln To Loan For MAF Holding
The Union National Bank - Egypt has approved to contribute EGP 150 million to the loan arranged by the National…
Union National Bank Egypt Eyes 172% Increase In Net Profit In 2013
Union National Bank – Egypt’s board of directors approved the bank’s budget for 2013, which targets to increase net…
Union National Bank To Launch New Branch In 10th Of Ramadan City
Union National Bank-Egypt targets to launch its first branch in 10th of Ramadan City on December 23rd. A Source…
Union National Bank Egypt’s Loans Up 18% In 9 Months
The Union National Bank - Egypt’s (UNB) loans surged by 18% during the first nine months of 2012, registering EGP…
Arab Orient Takaful Insurance Posts EGP 4 Mln Profit In FY 2011/12
The Arab Orient Takaful Insurance Company achieved profit of EGP 4 million in FY 2011/2012, said Mohamed Moustafa…
High Return On T-Bills Improves Banks’ Profits in H1: Bankers
The financial statements of a number of banks showed a relevant increase in the first half of 2012, marking the…
Union National Bank Egypt Posted EGP 16.5 Mln Profit In H1
The Union National Bank - Egypt posted profit of EGP 16.5 million at the end of June 2012, up from EGP 15 million…
Arab Orient Insurance Renews Policy Covering UNB With EGP 300 Mln
The Arab Orient Takaful Insurance Company (AOTIC) renewed the insurance policy covering the Union National Bank…
Al Ansari Exchange Accepts Bills Payments From UNB’s Credit Card Holders
Al Ansari Exchange, the UAE's largest money exchange network that provides worldwide remittance and foreign…
Euromoney Names Citi ‘Best Investment Bank In The Middle East’
In a clear vote of confidence in the bank’s regional capabilities, Euromoney Magazine recently named Citi ‘Best…
UAE’s Union National Bank Launches Home Finance Up To 90%
Abu Dhabi's Union National Bank, or UNB , has launched a newly designed home finance product offering finance up to…
Ramadan Anwar: Stability is a Must to Recover
Ramadan Anwar, CEO of Union National Bank, said security and political stability are a must for Egypt’s economic…
Union National Bank – Egypt Q1 Profit Posts EGP 9 Mln
Union National Bank - Egypt reported financial results posting a net profit of EGP 9.14 million for the period from…
Mohamed Nasr Abdeen: A Veteran Arab Banker
Mohamed Nasr Abdeen a prominent Arab banker with 45-year experience in commercial and Islamic banking. He is an…
UNB Receives MRM Business Award
Union National Bank has won Mohammad Bin Rashid Al Maktoum Business Award in the finance category for the second…
UAE’s UNB Registers Dhs475m Profit In Q1
Union National Bank (UNB), one of the leading banks based in the United Arab Emirates, recorded a consolidated…
Fitch Affirms UAE’s Union National Bank at ‘A+’
Fitch Ratings has affirmed Union National Bank's (UNB) Long-term Issuer Default Rating (IDR) at 'A+' with a Stable…
UNB Registers 16.6% Irregular Loans and 23% Increase In Foreign Deposits
Union National Bank Egypt’s irregular loans registered 16.6% or EGP 399.6 million of the total volume of loans…
UAE’s UNB To Fund SMEs
Dubai Abu Dhabi headquartered Union National Bank (UNB) is instituting a new award targeted at small and mid-sized…
UNB aims increasing loan portfolio by 36% this year
Union National Bank (UNB) aims at increasing net loans and credit facilities this year after discounting provision…
UNB deposit portfolio rose by EGP 3.3 bn by the end of 2011
Total deposits of Union National Bank (UNB) rose by 2% by the end of 2011, so the deposit portfolio reached EGP…