United Bank Limited

United Bank Limited
Company type	Public
Traded as	PSX: UBL
Industry	Finance
Founded	1959; 66 years ago
Founder	Agha Hasan Abedi
Headquarters	Karachi, Pakistan
Key people	Shazad Dada (President & CEO)
Products	Commercial banking; corporate banking; private banking; asset management;
Revenue	Rs. 80.65 billion (US$280 million) (2016)
Net income	Rs. 27.73 billion (US$96 million) (2016)
Total assets	Rs. 1.62 trillion (US$5.6 billion) (2016)
Number of employees	15,000+
Parent	Bestway Group (61.47%)
Website	www.ubldigital.com

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.

History

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]

Subsidiaries

UBL Fund Managers Limited
UBL Insurers Limited
UBL OMNI

References

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

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[AR-1] 1.0 ^1.1 ^1.2 "UBL Annual Report 2015" (PDF). UBLDirect.com. Retrieved 10 June 2017.^{[permanent dead link]}

[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.

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