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CI Seminars

CI Seminars

News & Credit Rating Announcements

03 May 2019 | Country: UAE | Bank: Union National Bank

Union National Bank - Ratings Withdrawn Following Merger with Abu Dhabi Commercial Bank


Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has withdrawn the ratings of Union National Bank (UNB), based in Abu Dhabi, following its merger with Abu Dhabi Commercial Bank (ADCB). UNB ceased to exist as a legal entity on 1 May 2019, with ADCB becoming the merged entity's legal successor in all its rights and obligations.


  • Credit Rating Announcement (CRA)
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