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United Bank Limited information


United Bank Limited
Company typePublic
Traded as
PSX: UBL
IndustryFinance
Founded7 November 1958; 65 years ago (1958-11-07)
FounderAgha Hasan Abedi
HeadquartersKarachi-74000, Pakistan
Key people
Muhammad Jawaid Iqbal CEO
Products
  • Consumer Banking
  • Commercial banking
  • Islamic Banking
  • Priority banking
  • corporate banking
  • private banking
  • asset management
RevenueIncrease Rs. 142.8 billion (US$490 million)[1] (2023)
Operating income
Increase Rs. 108.1 billion (US$370 million)[1] (2023)
Net income
Increase Rs. 53.2 billion (US$180 million)[1] (2023)
Total assetsIncrease Rs. 5.57 trillion (US$19 billion)[1] (2023)
Number of employees
14,973[1] (2023)
ParentBestway Group (62.13%)

General Public & Others (31.03%)

Insurance Companies (3.28%)

Banks, DFIs & NBFIs (2.24%)

Murabahas & Mutual Funds (1.25%)

International GDRs (non-voting shares) (0.08%)[1]
Websitewww.ubldigital.com

United Bank Limited (UBL) (یونائیٹڈ بینک لمیٹڈ) is a Pakistani multinational commercial bank which is based in Karachi, Pakistan.

For the year 2020, UBL was designated domestic systemically important bank (D-SIB) by the State Bank of Pakistan.[2]

It is listed on the Pakistan Stock Exchange. Its largest shareholder is the British investment company Bestway Group who own 62.13% of the business.

  1. ^ a b c d e f "UBL Annual Report 2023" (PDF). UBLDigital. Retrieved 26 March 2024.
  2. ^ Reporter, The Newspaper's Staff (2020-09-04). "HBL, NBP, UBL declared important banks". DAWN.COM. Retrieved 2020-09-07.

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