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H.E. Shaikh Nahayan Mabarak Al Nahayan, inaugurates UBL UAE's Khalifa Main Branch
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H.E. Shaikh Nahayan Mabarak Al Nahayan,inaugurates UBL UAE's Khalifa Main Branch The re-located branch will also house UBL UAE's First Priority Bank Unit

Abu Dhabi, March 29, 2011: United Bank Limited's Khalifa Main Branch, Abu Dhabi, was inaugurated by H.E. Shaikh Nahayan Mabarak Al Nahayan, UAE Minister of Higher Education and Scientific Research and Chairman United Bank Limited on March 23, 2011. Mr. Atif R. Bokhari, President and CEO of UBL, Mr. Wajahat Husain, Head of International and other senior executives of the bank, were also present on the occasion.

The imposing new branch has been re-located from its earlier address of Muroor Street Abu Dhabi and is now ideally located, between the prestigious Khalifa and Najda Streets offering the full spectrum of retail and commercial banking products and services. UBL has a total of 8 branches in the UAE and the relocated branch not only houses UBL UAE's first Safe Deposit Lockers, but will also launch the operation's first Priority Bank unit shortly, taking its services a further notch up.

Acquisition of Shares of Khushhali Bank

Privatized in October 2002, the bank is majority owned by a consortium of the Abu Dhabi Group and Bestway Group of UK. His Excellency Shaikh Nahayan Mabarak Al Nahayan, Minister of Higher Education, Government of UAE, is the Chairman and Sir Mohammed Anwar Pervez OBE, is the Deputy Chairman of the Bank.

Over the last 51 years, the Bank's global network has grown to over 1,100 branches, representative offices, subsidiaries and associate companies across UAE, Bahrain, Qatar, Yemen, Oman, USA, UK, Iran, China, Kazakhstan, Switzerland and Pakistan. UBL has the privilege of being the pioneers of international banking in the Middle East region, being the second international bank to commence operations in the Emirate of Abu Dhabi, where it opened its first international branch in July 1967.

In its 43 years presence in the UAE, the Bank has been successfully partnering with the top business houses, and has a diversified exposure across a broad spectrum of industries. The Corporate Bank continues to be an active player in the UAE economy, with its customer centric approach, and as a part of its long term commitment to the United Arab Emirates, the Bank has been inducting local talent. This local pool of talented staff will form a world class, professional workforce in the years to come. The Bank has been actively pursuing its Corporate Social Responsibility, and it continues to participate in, sponsoring and organizing different sporting and other community events, in association with government departments, NGOs and other institutions.

Under the wise leadership of HH Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates and Ruler of Abu Dhabi, and Sheikh Mohammed Bin Rashid Al Maktoum, Vice President & Prime Minister of the UAE & Ruler of Dubai, UBL will continue its efforts to participate in their visionary economic policies.

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