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Friday, 19 August 2016

Abu Dhabi’s Union National Bank Said to Cut as Many as 50 Jobs - Bloomberg

Abu Dhabi’s Union National Bank Said to Cut as Many as 50 Jobs - Bloomberg:

"Union National Bank PJSC, a lender owned by both the governments of Abu Dhabi and Dubai, cut about 50 positions as economic growth slows in the United Arab Emirates, two people familiar with the matter said.
The Abu Dhabi-based bank eliminated jobs mostly in retail sales, although there were some in wholesale banking and middle management as well, said the people, asking not to be identified because the information is not yet public. The bank employs about 2,000 people in the U.A.E. A spokesman for the lender declined to comment."



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