United Arab Bank

United Arab Bank Was Incorporated In 1975 In The Emirate Of Sharjah, United Arab Emirates, As A Private Joint-stock Company. UAB Is Recognized As A Mature, Leading Provider Of Financial Solutions To The Growing Commercial And Industrial Base Of The UAE. The Bank's Statutory Form Was Transformed Into A Public Joint-stock Company Pursuant To Emir Decree No. 17/82 Dated July 29, 1982, Issued By His Highness The Ruler Of The Emirate Of Sharjah. On March 21, 2005, The Bank's Issued Share Capital Was Listed On The Abu Dhabi Stock Exchange. In Addition To Islamic Banking Solutions, UAB Offers Its Clients A Complete Suite Of Corporate And Institutional Banking Services, Including Trade Finance, Retail Banking And Treasury Services, Thereby Positioning The Bank As The Partner Of Choice For Its Major Corporate Client Base. As Of 31 December 2015, The Bank Was Ranked 11th Among Publicly Traded Banks In The UAE By Market Capitalization. In December 2007, UAB Became Part Of The Banking Alliance Following The Acquisition Of A 40% Stake By The Commercial Bank, The Largest Private Bank In Qatar. UAB's Strong Financial Performance In Subsequent Years Demonstrates The Benefits Of Its Strategic Alliance With Qatar Bank. Commercial Bank Owned, With Similar Alliances With The National Bank Of Oman (NBO) And Alternatifbank In Turkey, Thus Providing A Solid Platform For All Three Banks To Grow Strongly As We Move Forward. The Bank Is Rated Baa2 By Moody's With A Stable Outlook.