United Arab Bank (UAB)

Key details

• Launch: 1975

Overview

United Arab Bank (UAB) is UAE commercial bank + ADX: UAB + Commercial Bank of Qatar CBQ QSE: CBQK Qatari parent ~40%+ controlling minority + Government of Sharjah + UAE retail + institutional + foreign investors free float + one of UAE's mid-sized commercial banks + founded 1975 in Sharjah UAE as joint UAE-French commercial bank [1, ae-cro].

History

1975 — United Arab Bank UAB PJSC founded in Sharjah UAE as joint UAE-French commercial bank with Société Générale French parent + Government of Sharjah distinctive UAE banking heritage.

2007 — Commercial Bank of Qatar CBQ Qatari parent acquires ~40%+ controlling minority stake in UAB from Société Générale French parent distinctive UAE-Qatari banking partnership.

2014 — UAB Mobile banking app launch.

Ownership & operator

Operating entity: United Arab Bank UAB PJSC (UAE commercial bank; ADX: UAB).

Major shareholders: Commercial Bank of Qatar CBQ (QSE: CBQK) Qatari parent ~40%+ controlling minority + Government of Sharjah + UAE retail + institutional + foreign investors free float.

Regulators: Central Bank of UAE CBUAE.

Technical integration

UAB Mobile app (iOS + Android) + uab.ae online + United Arab Bank branch network across UAE + UAB Visa + Mastercard cards; EMVCo QRCPS QR payments + Aani UAE national instant payments + AED Emirati Dirham domestic transfers.

Implementations & partners

Parent group: [[commercial-bank-qatar]] (Commercial Bank of Qatar CBQ; QSE: CBQK; Qatari commercial bank; Qatar's first private commercial bank).

Major UAE banking + payments competitors: [[fab]] (First Abu Dhabi Bank FAB; ADX: FAB) + [[emirates-nbd]] (Emirates NBD Bank; DFM: EMIRATESNBD) + [[adcb-uae]] (Abu Dhabi Commercial Bank ADCB; ADX: ADCB) + [[mashreq-neo]] (Mashreq Bank; DFM: MASB) + [[dubai-islamic-bank]] (Dubai Islamic Bank DIB; DFM: DIB) + [[abu-dhabi-islamic-bank]] (Abu Dhabi Islamic Bank ADIB; ADX: ADIB) + [[bank-of-sharjah]] (Bank of Sharjah; ADX: BOS) + [[sharjah-islamic]] (Sharjah Islamic Bank SIB; ADX: SIB).

Regulators: Central Bank of UAE CBUAE.

Status

Active, UAE commercial bank + ADX:UAB + Commercial Bank of Qatar CBQ QSE:CBQK Qatari parent ~40%+ controlling minority + Government of Sharjah + UAE retail + institutional + foreign investors free float + one of UAE's mid-sized commercial banks + founded 1975 in Sharjah UAE as joint UAE-French commercial bank [1, 2].

Sources

• 1 UAB — official
• 2 UAB — Wikipedia
• ae-cro In-corpus: reports/countries/AE-united-arab-emirates.md

Source

Biography extracted from uab-united-arab.md. See matrix.md for standards-support matrix if present.