United Arab Bank

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Fitch upgrades United Arab Bank’s Viability Ratings  to ‘bb-‘ and affirms Long-term Ratings  at ‘BBB+’, outlook Stable

News Desk 1 19/03/2025 0

United Arab Bank (UAB) announced that Fitch Ratings has affirmed its Long-Term Issuer Default Rating (IDR) at ‘BBB+’ with a Stable outlook and upgraded its Viability Rating (VR) to ‘bb-‘ from ‘b+’. The upgrade of the VR reflects the bank’s improved asset

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United Arab Bank Holds General Assembly Meeting

News Desk 1 06/03/2025 0

United Arab Bank P.J.S.C. (“UAB”) held its Annual General Assembly meeting at its Headquarters in the Emirate of Sharjah on March 06, 2025. The meeting was chaired by His Highness Sheikh Mohammed bin Faisal bin Sultan Al Qasimi, Chairman of the Board of Directors, and attended by members of the Board of Directors, shareholders, senior […]

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United Arab Bank partners with Qualco to digitise Supply Chain Finance operations

News Desk 1 25/02/2025 0

Qualco is pleased to announce a strategic partnership with United Arab Bank, one of the longstanding home-grown banks in the United Arab Emirates. Together, they will deploy QUALCO ProximaPlus, a cutting-edge platform to enhance the Bank’s Receivables and Supply Chain Finance (SCF) operations. This collaboration aims to streamline financial services and elevate

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United Arab Bank & Canon to deliver impactful carbon compensation for business printing in UAE

News Desk 1 12/12/2024 0

Canon Middle East and United Arab Bank PJSC (UAB) have partnered to launch a tree-planting initiative that compensates for the environmental impact of UAB’s printing operations. Through Canon’s Climate Project Contribution program, UAB is offsetting emissions from its printer fleet’s ink, paper, and electricity consumption by investing in verified

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United Arab Bank participates in Ru’ya Careers UAE 2024

News Desk 1 23/09/2024

As part of its continuous endeavors to attract young Emirati talents, United Arab Bank (UAB) announced its participation in the upcoming Ru’ya Careers UAE 2024, an annual fair that offers job opportunities and training for young Emirati graduates from both high schools and universities, as well experienced UAE national job seekers. The Career Fair which […]

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Moody’s Ratings upgrades United Arab Bank’s deposit ratings to Baa3, outlook remains positive

News Desk 1 12/09/2024

United Arab Bank (UAB) received an upgrade to its long-term and short-term foreign and local currency deposit ratings to Baa3/P-3 from Ba1/NP, from Moody’s. The rating agency maintained the positive outlook on the bank’s long-term deposit ratings and upgraded the Baseline Credit Assessment (BCA) to ba3 from b1 and the Adjusted BCA to ba2 from […]