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Union Bank Plc (Bangladesh)

Main Activities: Commercial Banking
Full name: Union Bank Plc Profile Updated: March 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Vision:
To become socially committed world class financial institution.

Mission:
Emancipate our poor people from abject poverty by empowering them with smooth banking service.
Be the leading provider of Islamic Shariah compliant banking services in Bangladesh.
Provide fast, accurate and satisfactory customer service by maintaining corporate business ethics and transparency at all levels.
Ensure technology based professional banking environment with strong capital base.
Thrust on investment facilitating banking product.
The name of the bank is changed into Union Bank PLC. Bangladesh Bank BRPD Circular Letter No.66, dated 29 November, 2023 has given approval of changing the registered name of the bank from Union Bank Limited to Union Bank PLC.

Headquarters
Bahela Tower, 72, Gulshan Avenue, Gulshan -1
Dhaka; Dhaka;

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Website: http://www.unionbank.com.bd

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2013
Key Executives
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Chairman
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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56.5%
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32.94%
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10.55%
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0.01%
Company Performance
Financial values in the chart are available after Union Bank Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net interest income
16.76%
Operating profit (EBIT)
12.53%
Net Profit (Loss) for the Period
13.93%
Total assets
8.19%
Total equity
6.92%
Total Assets Trend
-7.14%
Net Interest Income Trend
12.95%

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