United Bank Limited

Pakistani commercial bank based in Karachi

United Bank Limited (UBL) (یونائیٹڈ بینک لمیٹڈ) is a Pakistani multinational commercial bank which is a subsidiary of British company Bestway Group. It is in Karachi, Pakistan.

Public
Traded asTemplate:Karse
IndustryFinance
Founded1959; 62 years ago (1959)
FounderAgha Hasan Abedi
HeadquartersKarachi, Pakistan
Key people
Shazad Dada (President & CEO)
Products
  • Commercial banking
  • corporate banking
  • private banking
  • asset management
RevenueIncrease Template:PKRConvert (2016)[1]
Increase Template:PKRConvert (2016)[1]
Total assetsIncrease Template:PKRConvert (2016)[1]
Number of employees
15,000+
ParentBestway Group (61.47%)
Websitewww.ubldigital.com

HistoryEdit

United Bank Limited was established and managed under the leadership of Agha Hasan Abedi. United Bank Limited was nationalized by Pakistan Government of Pakistan on 1974.[2][3][4]

SubsidiariesEdit

  • UBL Fund Managers Limited
  • UBL Insurers Limited
  • UBL OMNI

ReferencesEdit

  1. 1.0 1.1 1.2 "UBL Annual Report 2015" (PDF). UBLDirect.com. Retrieved 10 June 2017.
  2. "Pakistan to raise $387 m by selling UBL". The Express Tribune. 2014-06-12. Retrieved 2021-10-10.
  3. Mehdi, Ali Raza (2014-11-03). "Allied Bank's privatisation". DAWN.COM. Retrieved 2021-10-10.
  4. "UBL to voluntarily shut down its New York branch". The Express Tribune. 2018-11-22. Retrieved 2021-10-10.

Other websitesEdit