UBL Engages in Legal Tax Dispute with FBR
Karachi, February 26, 2025 – United Bank Limited (UBL) has disclosed an ongoing legal dispute with the Federal Board of Revenue (FBR) over tax-related matters.
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Tag: UBL
UBL Plans Issuance of Additional Tier-1 Capital Instruments
Karachi, February 19, 2025 – United Bank Limited (UBL) has taken a significant step towards strengthening its financial position and supporting its long-term strategic objectives.
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UBL Board Approves Amalgamation of Silk Bank
KARACHI, December 3, 2024 – In a significant move towards strengthening its market presence, United Bank Limited (UBL) has announced that its board of directors has approved the amalgamation of Silk Bank Limited (SBL) into UBL.
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UBL Confirms Offer for Amalgamation with Silkbank
Karachi, November 1, 2024 – United Bank Limited (UBL) confirmed on Friday that it has officially extended an amalgamation offer to Silkbank Limited, aiming to consolidate Silkbank’s operations within UBL’s larger financial framework.
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UBL to Transform KP and Balochistan Regions into Islamic Banking
Karachi, October 31, 2024 – United Bank Limited (UBL) has unveiled ambitious plans to transition the entire Khyber Pakhtunkhwa (KP) and Balochistan regions to Islamic banking. This strategic move was announced during a corporate briefing organized by Topline Securities, featuring insights from UBL President Muhammad Jawaid Iqbal.
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UBL Posts Record Quarterly Earnings of Rs 18.3 Billion in 3Q2024
Karachi, October 23, 2024 – United Bank Limited (UBL) has announced its highest-ever quarterly earnings, reporting a remarkable profit of Rs18.3 billion for the third quarter of 2024 (3Q2024), translating to an earnings per share (EPS) of Rs14.96. This represents a 24% year-on-year (YoY) and quarter-on-quarter (QoQ) increase, aligning with market expectations.
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UBL Hopes Positive Outcome in Rs 4.09 Billion SBP Penalty Case
Karachi, February 26, 2024 – United Bank Limited (UBL) is optimistic about a favorable outcome regarding the penalty of Rs 4.09 billion imposed by the State Bank of Pakistan (SBP), as disclosed in its annual financial statement for the calendar year 2023.
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SBP Slaps Rs 140.69M Regulatory Penalty on United Bank Limited
Karachi, January 31, 2024 – The State Bank of Pakistan (SBP) has taken stern action against United Bank Limited (UBL), imposing a regulatory penalty amounting to Rs 140.69 million for alleged violations of regulatory instructions throughout the calendar year 2023.
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UBL Continues Legal Battle Against SBP’s Rs 4.09 Billion Penalty Since 2016
Karachi, November 7, 2023 – United Bank Limited (UBL) has been embroiled in a legal dispute with the State Bank of Pakistan (SBP) since 2016 over a penalty totaling Rs 4.09 billion.
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UBL Announces Massive 126% Profit Growth in Third Quarter of 2023
Karachi, October 25, 2023 – United Bank Limited (UBL), one of Pakistan’s leading financial institutions, has reported a staggering 126 percent year-on-year (YoY) profit growth in the third quarter of 2023, ending on September 30.
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