Wallets/uab-united-arab
United Arab Bank (UAB)
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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, United Arab Emirates report.
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 of Qatar (CBQ) (Commercial Bank of Qatar CBQ; QSE: CBQK; Qatari commercial bank; Qatar's first private commercial bank).
Major UAE banking + payments competitors: First Abu Dhabi Bank (First Abu Dhabi Bank FAB; ADX: FAB) + Emirates NBD (ENBD X) (Emirates NBD Bank; DFM: EMIRATESNBD) + Abu Dhabi Commercial Bank (ADCB) (Abu Dhabi Commercial Bank ADCB; ADX: ADCB) + Mashreq NEO + NEOPAY (UAE) (Mashreq Bank; DFM: MASB) + Dubai Islamic Bank (DIB) (Dubai Islamic Bank DIB; DFM: DIB) + Abu Dhabi Islamic Bank (ADIB) (Abu Dhabi Islamic Bank ADIB; ADX: ADIB) + Bank of Sharjah (BoS) (Bank of Sharjah; ADX: BOS) + Sharjah Islamic Bank (SIB) (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
- United Arab Emirates report 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.