Union National Bank signs a Memorandum of Cooperation with National Bank of Uzbekistan

Published March 17th, 2008 - 07:50 GMT
Al Bawaba
Al Bawaba

Union National Bank signs a Memorandum of Cooperation with National Bank of Uzbekistan

 

Union National Bank yesterday signed a Memorandum of Cooperation with National Bank of Uzbekistan whereby the two banks would endeavor to expand their cooperation that would help enhance strategic trade and investment ties between Uzbekistan and the United Arab Emirates with the purpose of supporting and reinforcing the economic ties between the two countries.

The Memorandum of Cooperation was signed by H.E Ahmed Saeed Al Badi Director of the Board of Union National Bank and Mr. Saidakhmat B.Rakhimov, Chairman of the Board of National Bank of Uzbekistan, at the Head office of Union National Bank in Abu Dhabi.

The President of the Republic of Uzbekistan is currently visiting the UAE with the purpose of discussing expansion of multilateral cooperation between the two countries.