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عربى
Financial Institutions

Financial Institution (FI) & International Banking department has been proactively serving UAB Corporate and Institutional Banking clients through contemporary and innovative business solutions. Financial Institutions at UAB oversees Domestic and International markets, contributes to asset and liability management of UAB through the facilitation of trade finance, management of bilateral and syndicated loan book portfolios and deposits from varieties of institutional clients at international levels.

FI department with its diversification strategy is currently very dynamic in the following business activities:

Correspondent banking  relationship Management, “Nostro, Vostro and RMAs”.

UAB maintains a large number of Nostro/Vostro accounts with carefully selected leading Banking Institutions in different currencies that facilitate fund transfer/trade business/treasury and investment banking, import/export letters of credit and collection documents for our clients. Among many other currency clearing services provided by UAB correspondent banks, UAB enjoys USD clearing through Deutsche Bank Trust Company Americas and The Bank of New York Mellon, EUR Clearing through Commerzbank AG, Barclays Bank PLC, Lloyds Bank, Société Générale Plc, GBP clearing through Barclays Bank PLC, Lloyds Bank.

FIs & NBFIs Syndications “Islamic and Conventional”

UAB is actively promoting the syndication business on both sides "lending and borrowing" through its strong network with local and global banks. UAB has successfully closed various Islamic and Conventional syndicated loan facilities within the last 5 years.  

Trade Finance

  • Facilitation of Letters of Credit through its domestic and global correspondent banking partners, UAB facilitates Import/Export Letters of Credit, Collection Documents, and Fund Transfers for UAB clients.
  • Issuance of Local and  Overseas Guarantees: The strong correspondent banking network of UAB enables it to facilitate LG business on a global scale.
  • Risk Participation.

UAB is dynamically participating in funded and unfunded risk participation with trusted counterparties through Risk Participation Agreements (MRPA).

TALK TO US TODAY

You can reach us using any of the following numbers

UAB Toll Free

800 474

International callers

+971 6 5987332

Sadara Toll Free

800 72 32 72

Sadara international

+971 6 5987333

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