Company type | Public |
---|---|
Industry | Banking |
Founded | 1991 |
Defunct | 2006 |
Fate | Acquired |
Successor | Standard Chartered |
Headquarters | , |
Products | Loans, Credit Cards, Savings, Consumer Banking etc. |
Total assets | US$2 Billion (2006) |
Union Bank was a Pakistani bank based in Karachi, Pakistan. It was established in 1991 with its headquarters in Lahore, Pakistan. In 2000 the bank relocated its headquarters to Karachi. It was acquired by Standard Chartered Bank in 2006.
Prior to the merger, it was Pakistan's eighth largest bank and had 65 branches in some 22 cities, about US$2 billion in assets, and about 400,000 customers.[1]