Union Bank PLC. Stock

Union Bank PLC (the Bank) is a Bangladesh-based banking company. The Bank is an interest-free Shariah-based bank. The Bank renders commercial banking services to all types of customers. The range of services offered by the Bank includes accepting deposits, making investments, discounting bills, conducting domestic and international money transfer, carrying out foreign exchange transactions in addition to international money transfers, and offering other customer services, such as safe keeping, collections and issuing guarantees, acceptances and letters of credit. Core business of the bank includes deposit mobilization and investing activities comprising short-term, long-term, import and export financing. Financing activities are extended to different sectors of the economy that could be grouped into several sectors, including rural and agriculture, garments and textiles, jute, cement and bricks, tannery, steel and engineering, food and beverage, and chemical and pharmaceuticals.