United Arab Bank Customer Service Number

Average: 4 (4 votes)
United Arab Bank

United Arab Bank Overview


This bank is known for offering financial services in both corporate and retail banking sector as a solution provider to the growing commercial and industrial base in UAE since 1975.

It is considered as the bank of choice among the major corporate clientele segments in the UAE and has grown in this sector with its ‘Sadara’ premium banking service and Islamic Banking Services.

When was it established?


The bank came into existence in 1975 with the efforts of a group of UAE businessmen and Societe Generale Group as a private joint-stock exchange in the Emirate of Sharjah, United Arab Emirates. The bank was founded to work as the financial solution provider to the growing commercial and industrial base across the UAE.

In 1982, the bank’s legal form was converted into the public joint-stock company by His Highness the Ruler of the Emirate of Sharjah under pursuant to Emiri Decree No. 17/82.

The bank expanded in business and made to get listed its share capital on the Abu Dhabi Securities Exchange on 21st March 2005. Its 40% interest was acquired by The Commercial Bank in December 2007 under the banking alliance with the Qatari bank. This step came profitable establishing a solid platform for banks in alliance to grow and move forward.

United Arab Bank contact address 7153
 
 

What they offer in products?


They work in four segments including corporate banking, retail banking, treasury, and others. In products they offer current and savings accounts; call, fixed, Flexi-fixed, floater and escalator deposits; cash flow, personal, auto and home loans; overdrafts; and credit and debit cards. In business, they have business accounts; trade finance solutions, including letters of credit, guarantees, local and export bills discounting, and trust receipts; working capital solutions.

They also offer cash management and payroll services and treasury services; such as foreign exchange, risk management, and investment services. They are operating in over 14 branches in UAE.

What makes it special?


They are working best on corporate and institutional banking services in UAE with trade finance, retail banking, and treasury services that are under the Islamic Banking solutions.

The bank is also known for making to the 11th position among other listed banks of UAE for market capitalization in 2015 and also got appreciated for its loyalty program ‘UAB Rewards’.

What’s new?


The bank recently announced earning results for the third quarter to be AED 121.671 million on 30th September 2018.



References


https://en.wikipedia.org/wiki/Arab_Bank
https://www.uab.ae/en/Discover-Us/History

Conatct detail of United Arab Bank

 
 
  • Address

    UAB Tower, Al Majaz Street, Buhaira Corniche, P.O. Box 25022, United Arab Emirates Telephone: +971 6 5075 222

  • Contact Number

    +971 6 5075222, +971 4 366 2169

  • Email Address

    investor.relations@uab.ae

  • Website

    www.uab.ae

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