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United Bank Limited is a full commercial bank operating in Bahrain since 1969 and currently has a network of three branches (Seef, Manama and Muharraq).
UBL is majority owned by a consortium of Abu Dhabi Group and the Bestway Group of the United Kingdom.
The chairman of the bank is UAE's Minister of Higher Education and Scientific Research, Shaikh Nahayan Mabarak Al Nahayan.
The bank is engaged in the entire gamut of commercial banking activities including trade financing, contract financing, fleet financing, consumer loans, auto loans, credit cards, current, saving accounts, term deposits and payroll disbursement.
UBL's Credit Card features are as follows:
No annual fee.
Competitive interest rate of 1.5 per cent per month.
Up to 55 days of interest-free credit on purchases.
Two free supplementary cards.
Minimal documentation requirements
Insurance benefits* against an optional charge of 0.35 per cent of the monthly card outstanding. This insurance comprises:
Worldwide cover against natural and accidental death and critical illness.
Worldwide cover against permanent disability due to any cause.
Worldwide in-hospital cash benefit cover of up to 90 days.
Worldwide purchase protection cover of up to 90 days from date of purchase.
* Insurance benefits are available subject to completion of documental proof and approval of the insurance company
* Credit cards are approved at the sole discretion of the bank. Conditions apply.
