UBL concludes asset sale transaction of Tanzania operation

KARACHI: United Bank Limited (UBL) has said that it has concluded transactions related to Asset Liabilities Sale of its operation in Tanzania. Read more »

UBL pays Rs11.59 billion against tax demand

KARACHI: United Bank Limited (UBL) has paid Rs11.59 billion against tax demand created by Federal Board of Revenue (FBR) for past multiple years. Read more »

UBL posts 48 percent increase in after tax profit

KARACHI: United Bank Limited (UBL) has announced 48 percent increase in after tax profit to Rs14.4 billion in nine-month period ended September 30, 2019. Read more »

UBL announces 52 percent increase in net profit in first half

KARACHI: United Bank Limited (UBL) has recorded 52 percent growth in its net profit for first half ended June 30, 2019. Read more »

UBL completes winding up New York Branch

KARACHI: United Bank Limited (UBL) has completed winding up of its New York Branch following the agreement was terminated by Federal Reserve Bank of New York (FRBNY), a statement said on Friday. Read more »

UBL decides sale of its Tanzania operation for $3.96 million

KARACHI: United Bank Limited (UBL) has decided to sale of its Tanzania operation at the sale price of $3.96 million to Exim Bank Tanzania Limited. Read more »