PARENT ENTITY:

Union Bank of India stands as a prominent player in India's public sector banking landscape. Established in 1919 and headquartered in Mumbai, it operates under the regulatory purview of the Reserve Bank of India, adhering to the Banking Regulation Act of 1949. The Government of India holds a significant 83.50 percent stake in the bank, emphasizing its crucial role in the nation's financial sector. In August 2019, Union Bank of India was selected by the Government as the Anchor Bank for the amalgamation of Andhra Bank and Corporation Bank, marking a significant milestone in its history. This amalgamation, effective from April 1, 2020, combined a rich legacy of over 300 years, solidifying Union Bank's reputation for reliability and excellence in customer service. Today, post-amalgamation, Union Bank of India ranks among the top five public sector banks in India. Its registered and corporate headquarters grace the prestigious Nariman Point area of Mumbai, a city steeped in financial significance. Inaugurated by Mahatma Gandhi in 1921, this location symbolizes the bank's historical importance.

DIFC BRANCH:

Union Bank of India (UBI), one of India's leading public sector banks, has a DIFC branch in Dubai, UAE. The branch was established in 2013 and is authorized with a Category 1 license by the Dubai Financial Services Authority (DFSA). The DIFC branch is committed to supporting the growing trade and investment flows between India and the UAE. It provides a trusted and reliable banking partner for businesses of all sizes, and its experienced team of bankers is dedicated to providing the best possible service. The DIFC branch is strategically located in the heart of the Dubai at Dubai International Financial Centre, making it an ideal gateway to the Middle East, Africa, and Europe. The branch is also well-connected to India and to the across the world, with regular flights and a dedicated team of bankers who can help clients with their cross-border banking needs. DIFC Branch of India does not offer services in UAE Dirhams and does not offer services to Retail Clients in accordance with DFSA Regulatory Guidelines. DIFC Branch is extending financial services in USD, Euro and GBP to Professional Clients and Market Counterparties only as per DFSA regulatory guidelines. If you are looking for a trusted and reliable banking partner in the DIFC, Union Bank of India is the perfect choice. Contact us today to learn more about our products and services.