United Arab Bank (UAB) was incorporated on the 21st of January, 1975 as a joint venture between UAE investors and the French international financial conglomerate, Société Générale. The legal form of the Bank was converted to a public joint stock company pursuant to Emiri Decree No. 17/82 issued by His Highness the Ruler of the Emirate of Sharjah on 29th July 1982, and on 21st March 2005, the Bank's issued share capital was listed on the Abu Dhabi Securities Exchange.
UAB offers its customers a comprehensive suite of Corporate and Institutional Banking services supported by Trade Finance, Retail Banking and Treasury services, in addition to Islamic Banking solutions. The bank offers commercial banking and financial products through a network of 20 branches across the United Arab Emirates. As of August 2025, United Arab Bank's annual revenue reached $750M and has approximately 827 employees across 4 continents. The Bank is rated Baa2 by Moody's with Stable Outlook.
In December 2007, UAB became part of a banking alliance upon the acquisition of 40% interest by The Commercial Bank, Qatar's largest private sector bank. Recent leadership includes Shirish Bhide as Chief Executive Officer, effective 1st of June 2022, and HH Sheikh Mohammed Bin Faisal Bin Sultan Al Qassimi was elected Chairman of the Board of Directors of United Arab Bank in March 2024.
Facts compiled by Executive Moves from publicly available news and press releases on 26 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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