Abu Dhabi lender Union National Bank's fourth-quarter profit fell 19.2 percent after the bank set aside more money to meet potential loan losses arising from exposure to Dubai Holding Group entities.
February 7, 2012 3:22
UNB launches benchmark-sized 5-year dollar bond - leads; Bank aims to price this week; Citi, Deutsche Bank, HSBC mandated among others
November 1, 2011 11:31
Union National Bank posted a 7.3 percent increase in third-quarter net profit on Thursday, helped by a surge in net interest income, beating analysts' forecasts.
October 27, 2011 2:11
UNB roadshows in Asia and Europe this week as its $1 billion loan matures in end of this year. Bank plans to open a branch in Kuwait this year.
September 26, 2011 2:31