Union National Bank gets approval to become clearing member

Dubai: Union National Bank said on Monday it has received regulatory approval from the Securities and Commodities Authority to act as a general clearing member.

The bank notified the Abu Dhabi Securities Exchange in a statement that was posted on the bourse website

Shares of Union National Bank were up 1.44 per cent to Dh4.23. The Abu Dhabi Securities Exchange was up 0.47 per cent to 4,466.50.