UNB cuts 50 jobs on slower economy

Abu Dhabi – Mubasher:  UAE's Union National Bank (UNB), a lender owned by both the governments of Abu Dhabi and Dubai, cut fifty positions due to slower economic growth in the United Arab Emirates, according to Bloomberg.

The jobs eliminated are in retail sales as well as wholesale banking and middle management, the news agency added.

The bank employs about 2,000 people in the UAE. 

Mubasher Contribution Time: 18-Aug-2016 11:51 (GMT)
Mubasher Last Update Time: 18-Aug-2016 11:51 (GMT)