United Arab Bank [UAB] – Ajman, UAE
United Arab Bank, P.J.S.C. (UAB) was incorporated in 1975 as joint venture between influential UAE investors and the French international financial conglomerate, Societe Generale (SG). In February 2005, SG sold its 20% stake in UAB to the UAE shareholders in what was reported as one of the largest UAE Share deals concluded in recent years.
Head quartered in Sharjah and operating with ten offices and branches throughout UAE, the Bank offers clients tailor-made financial services in both corporate and retail banking, and has mainly established itself as a leading solutions provider for a growing commercial and industrial base across the seven emirates. Through the provision of a comprehensive range of Corporate Banking, Trade Finance, Treasury and Transaction Banking services, UAB is the bank of choice among major corporate clientele segments in the UAE.
UAB has recently entered into a strategic alliance with The Commercial Bank of Qatar (Cb). Described by Investment analysts from around the region as a natural strategic fit, Cb acquired a 40% interest in UAB in December 2007, in one of the few GCC cross border agreements between two national banks-the first between banks from Qatar and the UAE.
United Arab Bank [UAB]:
GMC Hospital & Research Center
P.O. Box 2700
Ajman, UAE
Tel : +97167465335
Fax : +97167465727
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