Abu Dhabi, 5th October 2008: Union National Bank (UNB), one of UAE’s leading banks, has unveiled its latest Scratch and Win promotion for its popular Al Awwal savings certificate. This promotion will offer two winners a kilo of gold each, plus 200 prizes including 100 (20 gm /each) gold coins and another 100 (10 gm/ each) gold coins.

Besides these, each applicant will receive an instant gift through scratching a coupon. The gifts vary from MP3s, USBs, mobile phones & T-shirts. The eligibility to enter the draw is based on a minimum investment of only AED 500 in the bank’s Al Awwal savings certificates during the promotion period that runs from October 7th 2008 to January 6th 2009.

“Al Awwal investors now have more reasons than ever to celebrate, as their investment makes them eligible to enter monthly and quarterly draws that could win them 500 to 1000 times their certificate value. In addition this limited period scratch and win promotion offers them a chance to win instant rewards on every investment, besides the Gold prizes in the grand draw,” said brian West Senior Vice-President & Head of Retail Banking Group at UNB.

“Gold has been always a valuable gift, and at UNB we are always keen to offer our clients the best products and the most valuable awards to satisfy their needs,” he added, noting that Al Awwal had proved to be an extremely popular investment choice since UNB launched the savings certificate seven years back.

Al Awwal certificates provide a capital guarantee of 100 percent and are available in denominations of AED100, AED200 and AED500. Al Awwal investors can be UAE residents or visitors. Bonus features of the certificates include a free credit card with a credit limit of up to 95 percent of the investment in Al Awwal and an overdraft facility of 90 percent of the face value of the certificate.

Every Al Awwal certificate holder is automatically entered into monthly draws where investors can win 500 times the certificate value and quarterly draws with winners entitled to 1000 times the certificate value.



About Union National Bank
Union National Bank (UNB) is a public joint stock company incorporated under the laws of the United Arab Emirates in 1982. UNB operates through a wide network of branches and over 100 ATMs throughout the UAE. UNB is present in the Arab Republic of Egypt through its 94.9% owned subsidiary Union National Bank, Egypt (formerly known as Alexandria Commercial and Maritime Bank) which has 9 branches in Egypt. UNB has two other subsidiaries. (1) Union brokerage Company (UBC) which provides brokerage services for customers trading in shares and securities on Abu Dhabi Securities Market and Dubai Financial Market. UBC operates from state of the art offices which are located in Abu Dhabi, Dubai, Al Dhafra, Al Ain and Fujairah. (2) Al Wifaq Finance Company (AWFC) an Islamic Finance Company which offers Shari’a compliant products and services to tap the growing Islamic banking market. UNB is the only bank in the UAE which has significant shareholdings by the Governments of both Abu Dhabi and Dubai. The major shareholders of UNB are the Finance Department, Government of Abu Dhabi (40%), Abu Dhabi Investment Council (10%) and the Government of Dubai (10%). The remaining 40% of the shares are held by the general public. The shares of UNB are listed on the Abu Dhabi Securities Market. UNB has adopted the total quality management concepts and methodologies, quality management systems and a business excellence framework. A strong testament to this was when the Bank won the 2004 / 2005 Sheikh Khalifa Excellence Award, Gold category and the 2005 Dubai Quality Award in the financial sector. In 2002, UNB became the first bank of its size in the Middle East to be ISO 9001:2000 certified across its entire operations in the UAE by Lloyds Register Quality Assurance for its Quality Management Systems under the terms set out by the United Kingdom Accreditation Service – UKAS – scheme. This certificate was renewed during 2005 and the bank is poised for recertification during 2008 demonstrating commitment to Quality and continuous improvement. To find out more about Union National Bank and the services and products offered please visit one of our branches or log on to our website www.unb.com.

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