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Union Bank Plc (Bangladesh)

Main Activities: Commercial Banking
Full name: Union Bank Plc Profile Updated: February 18, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Union Bank PLC, established in 2013, is a Shariah-based private commercial bank in Bangladesh, providing interest-free banking services. The bank offers deposit mobilization, investment financing, foreign exchange transactions, and trade finance, catering to sectors like agriculture, textiles, construction, and pharmaceuticals. With a focus on rural and economic development, it integrates modern technology to expand financial inclusion. The company is located at Dhaka, Bangladesh.

Headquarters
Bahela Tower, 72, Gulshan Avenue, Gulshan -1
Dhaka; Dhaka; Postal Code: 1212

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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:
March 07, 2013
Key Executives
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Independent Director
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Independent Director
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Independent Director
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Independent Director
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Deputy Managing Director
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
Created with Highstock 1.3.7Chart context menu2020Y2021Y2022Y2023Y
Net Profit (Loss) for the Period
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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