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 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 »

United Bank registers 39 percent decline in annual profit

KARACHI: United Bank Limited (UBL) has announced sharp decline of 39.53 percent in annual profit for the year ended December 31, 2018 due significant provisioning, write offs and pension liabilities. Read more »

UBL surrenders New York Branch license

KARACHI: United Bank Limited (UBL) has informed the Pakistan Stock Exchange (PSX) on Tuesday that it has surrendered its New York branch license to the New York State Department of Financial Services... Read more »