UNION BANK LIMITED

Country: Bangladesh

Industry: Financial Services (Banking)

Company Type:

UNION BANK LIMITED is a commercial bank, operating as a financial institution. It is neither a factory (involved in manufacturing goods) nor a trader (involved in buying and selling goods). Its core business is providing a wide range of banking and financial services to individuals, businesses, and corporations.

UNION BANK LIMITED of Bangladesh offers a comprehensive range of financial products and services. These include various Mudaraba based deposit accounts such as Savings Accounts, Special Notice Deposit Accounts, Fixed Deposit Receipts, Monthly Savings Schemes, Millionaire Plus Scheme, Double Benefit Scheme, Hajj Savings Scheme, Education Savings Scheme, and Marriage Savings Scheme. They also provide Al-Wadiah Current Accounts, Special Current Accounts, Foreign Currency Accounts, and Non-Resident Bangladeshi Accounts. Their investment products, compliant with Shariah principles, encompass Murabaha Personal Investment, Car Investment, Bai-Muajjal House Building Investment, SME Investment, Ijara Consumer Durables Investment, Project Finance, Agricultural Investment, and Women Entrepreneur Investment. The bank further provides Debit Cards, Credit Cards, Prepaid Cards, Internet Banking, Mobile Banking, SMS Banking, and ATM services. Additionally, they offer Remittance Services, Locker Services, Trade Finance facilities for import and export, and Utility Bill Collection.