Seth Sitaram Poddar
Union Bank of India was established on 11th November 1919 with its headquarters in Mumbai. It was promoted by Seth Sitaram Poddar.
When was Union Bank of India Nationalised?
1969
At the time of India’s Independence in 1947, UBI only had four branches – three in Mumbai and one in Saurashtra, all concentrated in key trade centres. After Independence UBI accelerated its growth and by the time the government nationalized it in 1969, it had grown to 240 branches in 28 states.
How strong is Union Bank of India?
Union Bank has a 4 tier organisation structure with Corporate Office, 18 Zonal Offices, 125 regional offices and over 9500 branches and 13000-plus ATMs with a customer base of over 120 million, and an employee strength, of over 77,000.
Who is the owner Union Bank?
Union Bank of Nigeria
| Type | Public Company |
|---|---|
| Founded | 1917 |
| Headquarters | 36 Marina, Lagos Island, Lagos, Lagos State, Nigeria |
| Key people | Cyril Akporuere Odu Chairman Emeka Okonkwo Chief Executive Officer |
| Total assets | US$4.1 billion (NGN1,381 billion) (2018) |
When did Union Bank become Union Savings Bank?
The former Union Bank logo used from 1996 prior to the 2008 rebranding. In 1914, Kaspare Cohn founded Kaspare Cohn Commercial & Savings Bank in Los Angeles. It was renamed Union Bank & Trust Company of Los Angeles in 1918. In 1979, Union Bank was purchased by Standard Chartered.
Who was the founder of Union Bank in Los Angeles?
History Union Bank. In 1914, Kaspare Cohn founded Kaspare Cohn Commercial & Savings Bank in Los Angeles. It was renamed Union Bank & Trust Company of Los Angeles in 1918.
When was the Union Bank of Nigeria established?
Learn More Union Bank of Nigeria Plc was established in 1917, as a full-service commercial bank that caters to the retail and commercial needs of individuals, small and medium sized companies, and major corporations. click the edit button to change this text.
Who was the founder of Union Bank of India?
Union Bank of India (Union Bank) was registered on 11 November 1919 as a limited company in Mumbai and was inaugurated by Mahatma Gandhi.
