Financial Institutions

Our Financial Institution (FI) & International Banking department has been proactively serving UAB Corporate and Institutional Banking clients through contemporary and innovative business solutions

Our Financial Institution wing at UAB takes care of the most important client requirements in the UAE.

• Oversees domestic and international markets
• Contributes to asset and liability management through the facilitation of trade finance
• Manages bilateral and syndicated loan book portfolios and deposits from institutional clients at international levels

UAB maintains a large number of Nostro/Vostro accounts with carefully selected leading banking institutions in different currencies that facilitate fund transfers, trade business, treasury and investment banking, import/export letters of credit as well as collection documents for our clients. Among the 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.