Update on Union Bank UK acquisition by MBU Capital
In April 2021 the Share Purchase Agreement (SPA) that UBN signed with MBU Capital to divest 100% of its shares in UBUK was terminated.
UBN remain committed to the sale of Union Bank UK and the Bank is now in the process of speaking with alternative potential bidders.
Please be assured this does not in any way affect the service the Bank offers you and you will continue to receive all banking services without any interruption.
We will continue to keep you informed of the situation.
On behalf of the Board and Management of UBUK, we would like to thank you for your trust and confidence in the Bank and we look forward to continuing to serve you in the future.