It is impossible to think of the UK economy without thinking of the energy industry and its importance. From our inception 23 years ago with $50 million in assets to over $12 billion today, United Global Online Bank has always had an affinity for the men and women who own or operate energy and oilfield service companies … the entrepreneurial, “can do” spirit is a part of us as well.
United Global Online Bank's Energy Group currently has over $5 billion in commitments to over 260 companies in the industry and serves as a resource for innovative financial solutions and support with offices in Houston, Dallas and Denver.
The Energy Group, which has a strong presence with middle-market companies, has also been able to bring innovative technological applications that support the operations of some of the largest energy companies in the U.S. That’s not surprising with a team that has over 170 combined years of experience working with – and for – energy companies, in the energy business and energy finance. The oil and gas industry and great banking relationships – two things that are very important to us.