Welcome to Union Bank of India (UK) Ltd

Corporate Loans

We offer various Fund based and Non-Fund based facilities to Corporate customers.

 

  • Term Loans for project finance, acquisitions, development of Commercial / residential/ mixed projects, Buy to Let, ECB (External Commercial Borrowings)
  • Working Capital facility / overdraft for financing daily business needs
  • Loan against Fixed deposits
  • Trade Finance - Trust receipt financing, Issuance of acceptance of LC, bills collection bills discounting/purchase and handling.
  • Loan against Standby Letter of Credit (SBLC)

 

Union Bank of India is one of the largest government-owned banks of India with 120+ million customers, 9500+ branches and a total business of US$106 billion. After the amalgamation with Corporation Bank and Andhra Bank, which came into effect on 1 April 2020, the amalgamated entity becomes the fourth largest bank in terms of branch network. The Group has branches overseas in Hong Kong, Dubai, and Sydney, as well as representative offices at Abu Dhabi, and a banking joint venture in Malaysia. In addition to UBI subsidiary in the UK, the Group has four asset management / financial services subsidiaries and three joint ventures in insurance field, along with one associate in Banking field in India.

 

Union Bank of India (UK) Ltd.'s expert international trade team manages trade between UK and other parts of the world, including India. The team handles all types of trade transactions you need including LC advising, LC issue, Bills Negotiation, Collections, Discounting of Bills, LC Refinancing, issuance and acceptance of Standby Letters of Credit and Bank guarantees.

 

Loan Syndication

 

Syndicated Loan incorporates a range of different bank debt offerings which seek to provide a client with a significant amount of short to medium term bank debt with a typical maturity range of 1 year to 5 years and is usually provided by two or more financial institutions. Our Syndications Group arranges syndicated loans in support of a range of transactions, including corporate loans for working capital and other purposes, mergers and acquisitions, leveraged & management buy-outs and buy-ins, project and structured finance and refinancing of existing facilities. Our capabilities range from leading broadly-syndicated transactions to arranging club bank groups for smaller transactions. Our role is flexible and focused on identifying and meeting the unique needs of our clients.

 

NOTICE TO CUSTOMERS REGARDING LIBOR TRANSITION

 

Contact Us

 

For your loan requirements, you may please contact us at +44 2073324250 by phone or email us at  

We are here to help you

Union Bank of India (UK) Ltd is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority
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