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Union Bank Sh.a. launched operations in January 2006 founded by the Financial Union Tirana (UFT), the local agent of the world’s largest money-transfer company Western Union.
In 2008 UFT sold 12.5 percent in the Albanian bank to the European Bank for Reconstruction and Development (EBRD) for an undisclosed sum.
Union Bank offers a wide range of banking services and products to individual as well as corporate clients. The lender operates a branch network of nearly 30 outlets nationwide.
Full name: Union Bank Sh.a.
Legal Form: General Partnership
Operational Status: Operational
Incorporation Date: 09-Jan-06