Union Bank PLC.

UNIONBANK

BD0152UBL009

Banks

End-of-day quote Dhaka S.E. Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
7.5 ^BDT	0.00%		-1.32%	-15.73%

Jan. 16	305,920 Ordinary Shares of Union Bank Limited are subject to a Lock-Up Agreement Ending on 16-JAN-2024.	CI
2023	Union Bank Limited has Changed its Name to Union Bank PLC	CI

CBN Sacks Boards of Titan Trust, Union, Keystone, Polaris Banks

January 11, 2024 at 03:06 am EST

The Central Bank of Nigeria (CBN) on Wednesday sacked the boards of Titan Trust Bank, Union Bank, Keystone Bank and Polaris Bank.

THISDAY gathered that the dissolution of the boards may not be unconnected with findings of the Jim Obazee report which was earlier submitted to President Bola Tinubu, who had ordered the probe of the apex bank and related institutions upon his assumption of office.

The decision to dissolve the boards was said to have been taken after a meeting between the CBN and the board and management of the four banks.

Details later...

Latest news about Union Bank PLC.

305,920 Ordinary Shares of Union Bank Limited are subject to a Lock-Up Agreement Ending on 16-JAN-2024.	Jan. 15	CI
Union Bank Limited has Changed its Name to Union Bank PLC	Dec. 11	CI
Union Bank Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 05	CI
Union Bank to Raise INR 20,000 million Via Qualified Institutional Placement by December	23-10-28	CI
Union Bank Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-30	CI
Union Bank Limited Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-14	CI
Union Bank Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-05-14	CI
Union Bank Limited Recommends Cash Dividend for the Year Ended December 31, 2022	23-05-02	CI
Union Bank Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-03	CI
Union Bank Limited Recommends Cash Dividend for the Year Ended December 31, 2021	22-05-05	CI
Union Bank Limited has completed an IPO in the amount of BDT 4.28 billion.	22-01-16	CI
Union Bank Limited has filed an IPO in the amount of BDT 4.28 billion.	21-06-27	CI

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Company Profile

Union Bank PLC (the Bank) is a Bangladesh-based banking company. The Bank is an interest-free Shariah-based banks. The Bank renders commercial banking services to all types of customers. The range of services offered by the Bank includes accepting deposit, making investment, discounting bills, conducting domestic and international money transfer, carrying out foreign exchange transactions in addition to international money transfers, and offering other customer services, such as safe keeping, collections and issuing guarantees, acceptances and letters of credit. Core business of the bank includes deposit mobilization and investing activities comprising short-term, long-term, import and export financing. Financing activities are extended to different sectors of the economy that could be grouped into several sectors, including rural and agriculture, garments and textiles, jute, cement and bricks, tannery, steel and engineering, food and beverage, chemical and pharmaceuticals, and others.

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