Key Milestones

Key Milestones

We were established as a Public Joint Stock Company in 1982.  We are the only bank in the UAE with both the Abu Dhabi and Dubai governments as significant shareholders.

Some of our key milestones include:

  • 2002 – Established our subsidiary, Union Brokerage Company (UBC)
  • 2006 - Established our subsidiary, Al Wifaq Finance Company and UNB Egypt
  • 2008 – First bank in the UAE to open a Representative office in China
  • 2009 – Opened our Qatar branch
  • 2012 – Opened our Kuwait branch
  • 2015 – Established our subsidiary, Al Wifaq Properties Company (WPCO)

We have several prominent business figures on our Board of Directors , headed by H.H. Sheikh Nahayan Mabarak Al Nahayan, UAE Minister of Culture and Knowledge Development.