ubl News

HBL, UBL expand service hours for customer convenience

Habib Bank Limited (HBL) and United Bank Limited (UBL) have declared the extension of branch service hours at selected locations across

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VIS reaffirms entity ratings of United Bank Ltd

VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of United Bank Limited (PSX: UBL) at 'AAA/A1+' (Triple A/A One Plus).

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UBL to slash share face value to Rs5 from June 23

United Bank Limited (PSX: UBL) to give effect to the change in the face value of its shares from Rs10 to Rs5 on June 23, 2025, as per the notice issued by PSX.

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UBL receives SBP approval for share capital subdivision

United Bank Limited (PSX: UBL) has received a "No Objection" from the State Bank of Pakistan (SBP) for the proposed amendments...

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UBL to subdivide shares, cutting face value from Rs10 to Rs5

United Bank Limited (PSX: UBL) to subdivide the face value of its shares from Rs10/- per share to Rs5/- per share...

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SBP endorses Silk Bank’s merger into UBL

The amalgamation of Silk Bank Limited (SBL) with and into United Bank Limited (UBL) has been sanctioned by the...

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UBL reports 34% surge in net profit, reaching Rs76bn in 2024

United Bank Limited (PSX: UBL) has reported its financial results for the year ended December 31, 2024, reporting a significant 34% increase in net profit....

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President orders Rs24mn financial relief to 31 bank fraud victims

Six banks have been directed to provide financial relief amounting to Rs24.136 million to 31 victims of bank fraud, as ordered by President Asif Ali Zardari....

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Park View Enclave files suit against Silkbank-UBL merger proposal

Park View Enclave (Private) Limited has filed a suit in the Sindh High Court at Karachi against Shaukat Fayaz Tarin and other individuals...

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Silk Bank shareholders approve amalgamation with UBL

The shareholders of Silkbank Limited (PSX: SILK) have approved a share swap arrangement for the bank's amalgamation with United Bank Limited (PSX: UBL)...

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Silk Bank board approves amalgamation with UBL

The Board of Directors of Silk Bank Limited (SBL) has approved a share swap arrangement for the amalgamation of the bank where UBL will issue one new ordinary..

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ADR tax sparks legal showdown for Pakistan banks

All eyes have turned to Pakistan’s commercial banks after a recent court order granted temporary relief to numerous banks from the hectic incremental tax...

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UBL to offer special banking services to Mindbridge employees

United Bank Limited (PSX: UBL) has signed an employee banking and digital payments agreement with Mindbridge Pvt Limited, a leading business project...

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UBL, System Limited unveil Temenos DFE platform

United Bank Limited (UBL) partnered with System Limited and Temenos to embark on a transformative journey towards digital excellence in banking...

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UBL partners with TriFit to offer exclusive discounts for cardholders

United Bank Limited (PSX: UBL) has formed a strategic partnership with TriFit to offer the best discounts to its debit and credit cardholders...

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UBL partners with TPL Maps to enhance banking experience across Pakistan

United Bank Limited (UBL) has announced a strategic partnership with TPL Maps, a leading provider of location-based services...

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UBL, JazzCash partner to revolutionize digital retail payments

United Bank Limited (UBL) and JazzCash have teamed up to transform digital retailer payments with advanced digital solutions...

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Pakistani banks continue to flourish with strong quarterly profits

Extending their streak of financial success, Pakistan’s commercial banks have closed another quarter scoring higher earnings driven by increased interest...

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UBL Partners with PwC to integrate Oracle Fusion Cloud HCM

United Bank Limited (PSX: UBL) and PwC have entered into a strategic partnership to implement Oracle Fusion Cloud HCM, marking a pivotal step...

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UBL Fund managers halt fresh unit issuances, conversions for UGIF, AIAIF

UBL Fund Managers Limited has decided to suspend the fresh issuance of units and Conversion-in in UBL Growth and Income Fund (UGIF) and Al Ameen Islamic...

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UBL earns 15.27bn in Q2 CY24, declares Rs11 dividend

United Bank Limited (PSX: UBL) earned Rs15.27 billion [EPS: 12.1] in the second quarter of 2024 (Q2 CY2024), which reflects a modest 16.98% growth compared...

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UBL Funds appoints Asif Ali Qureshi as CEO, Yasir Qadri resigns

In an emergency board meeting today, the Board of Directors (BoD) of UBL Funds has appointed Asif Ali Qureshi as the new Chief Executive Officer (CEO)...

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UBL concludes sale of shareholding in UNBL

United Bank Limited (PSX: UBL) has successfully concluded the transaction for the sale of its shareholding in United National Bank Limited UK (UNBL)...

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UBL Currency Exchange acquires Wall Street Exchange assets

The Competition Commission of Pakistan (CCP) has approved a merger involving the acquisition of certain assets of Wall Street Exchange Company...

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UBL, Lucky Cement seal Rs8bn standby letter of credit deal

United Bank Limited (UBL) has successfully concluded a Standby Letter of Credit Facility, equivalent to Rs8 billion to Lucky Cement Limited...

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UBL announces record-breaking Rs20bn financing to Engro Fertilizers

United Bank Limited (UBL) has announced the conclusion of the largest private-sector lending to Engro Fertilizers Limited (PSX: EFERT)...

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UBL launches fully owned currency exchange in Karachi

United Bank Limited (PSX: UBL) organized the official launch ceremony of UBL Currency Exchange, a wholly owned subsidiary of the bank...

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UBL Currency Exchange to take over Wallstreet Exchange

UBL Currency Exchange has signed a Mergers and acquisitions (M&A) transaction to acquire assets of Wallstreet Exchange...

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SBP penalizes 8 banks, 1 EC with Rs775.5m over regulatory breaches in 3QFY24

The State Bank of Pakistan (SBP) has imposed hefty fines worth a total of Rs775.54m on nine banks during the quarter ended March 31, 2024, for violating...

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UBL records Rs16.14bn profit in 3QFY24, declares Rs11 DPS

United Bank Limited (PSX: UBL) has started 2024 on a strong note, recording a profit of Rs16.14 billion [EPS: 13.05] for the three months ended March...

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UBL records highest ever profit, dividend payout in 2023

United Bank Limited (PSX: UBL) recorded its highest profit worth Rs56.47 billion [EPS: Rs45.05] in 2023, depicting a surge of 76.1% YoY, compared to...

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UBL to invest Rs1bn in wholly-owned subsidiary UBL Currency Exchange

The Board of Directors of United Bank Limited (PSX: UBL) has approved an investment of Rs1 billion in its wholly owned subsidiary UBL Currency Exchange...

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UBL's profit surges 2.27x YoY to Rs42.57bn in 9MCY23, declares 110% DPS

United Bank Limited (PSX: UBL) has revealed its financial statement today for the 9MCY23, as per which the bank posted a profit worth...

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UBL ventures in to Exchange Company with Rs1bn capital

The Board of Directors (BoD) of United Bank Limited (UBL) on Monday approved the agenda of establishing an Exchange Company with Rs1 billion...

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Banking sector profits double to Rs257.5bn in 1HCY23 on higher interest rates

The banking sector's profitability surged nearly twofold to Rs257.50 billion in the first half of 2023, primarily due to higher interest...

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UBL posts highest-ever PAT of Rs12.15bn in 1HCY23

United Bank Limited (PSX: UBL) has revealed its financial statement today for the half year ended June 30, 2023, as per which the bank posted a profit worth....

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Pakistan’s Banking sector rises from the ashes after IMF deal

The banking sector in Pakistan has left behind the dark days after being in the pit for so long, witnessing a remarkable rally in the last nine trading...

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UBL’s nine months profits down by 14% YoY sepetmber’22

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Moody’s downgrades ratings of five banks

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UBL’s profits decline by 19% YoY on higher provisions, taxes

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Moody’s downgrades 5 Pakistani banks’ outlook to negative, affirms B3 ratings

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UBL posts 28.7% higher net profits in 1QCY22

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UBL declares strong profits of over Rs30bn, DPS of Rs18

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UBL gets SBP’s approval to commence due diligence of Telenor Microfinance Bank

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UBL submits PAI to acquire up to 84.51% stake in Samba Bank

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SBP allows UBL to conduct due diligence for acquiring 84.5% SBL's shares

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UBL records massive surge in profits, up by 42% in 9MCY21

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UBL continues to focus on DII, outsource technology initiatives

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UBL: Bottom line expands by 40% owing to reversals

UBL Bottom line expands by 40 owing to reversals

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UBL intends to wind up its wholly-owned subsidiary, UBL (Switzerland) AG

UBL intends to wind up its wholly-owned subsidiary, UBL Switzerland AG

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UBL: Lower provisions drive profitability by 54% YoY

UBL Lower provisions drive profitability by 54 YoY

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Lower provisioning cost, higher capital gains to lift banks’ earnings

Lower provisioning cost, higher capital gains to lift banks earnings

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Bestway Int’l Holdings acquires 51.6% stake in UBL as part of Bestway Group’s internal reorganization

Bestway Intl Holdings acquires 51.6 stake in UBL as part of Bestway Groups internal reorganization

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UBL: Profits jump 9% YoY despite hefty provisioning

UBL Profits jump 9 YoY despite hefty provisioning

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UBL fails to lift profits during 9MCY20 owing to fall in non-interest income

UBL fails to lift profits during 9MCY20 owing to fall in non interest income

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State Bank of Pakistan Designates Domestic Systemically Important Banks

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Moody's confirms the ratings of five Pakistani banks; stable outlook

Moodys confirms the ratings of five Pakistani banks

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Pak Leather Crafts Ltd approves out of court amicable settlement with UBL

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UBL Analyst Briefing: COVID-19 becomes a blessing in disguise for UBL’s digital platform

UBL Analyst Briefing COVID19 becomes a blessing in disguise for UBLs digital platform

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UBL’s profitability increases by 17% on higher NII despite hefty provisions

UBLs profitability increases by 17 on higher NII despite hefty provisions

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Earning Preview: Higher provision charges to weigh on UBL’s earnings

Earning Preview Higher provision charges to weigh on UBLs earnings

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UBL appoints Shazad Dada as the new President, CEO

UBL appoints Shazad Dada as the new President CEO

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Moody's places five Pakistani banks' ratings under review for downgrade

Moodys places five Pakistani banks ratings under review for downgrade

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UBL appoints Mr Shahzad G.Dada as President & CEO

UBL appoints Mr Shahzad G.Dada as President CEO

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UBL's net profits during 1QCY20 increase marginally

UBLs net profits during 1QCY20 increase marginally

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Banking Sector: A sign of strength

Banking Sector A sign of strength

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UBL to wind up its wholly owned subsidiary

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UBL realizes decent growth in annual profits, up by 34% YoY

UBL realizes decent growth in annual profits

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MSCI Review: Resurgence of KSE-100 to improve Pakistan’s weightage in EM index?

MSCI Review Resurgence of KS100 to improve Pakistans weightage in EM index

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Closing Bell: KSE-100 index ends 221 pts higher in volatile trade

Closing Bell KSE-100 index ends 221 pts higher in volatile trade

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UBTL concludes the sale of its Asset Liabilities with Exim Bank Tanzania Limited

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UBL witnesses growth of 49% in net profits

UBL witnesses growth of 49 in net profits

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Closing Bell: Tender Surrender

Closing Bell Tender Surrender

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KSE Monthly Review: Index swamped!

KSE Monthly Review Index swamped

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UBL gains Rs1.3 bln exchange translation reserve on New York branch closure

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UBL observes better first half as its profits surge by 52%

UBL observes better first half as its profits jump by 52

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UBL and MCB: Earnings to rise owing to higher net interest income

UBL and MCB Earnings to rise owing to higher net interest income

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Closing Bell: Monday Blues

Closing Bell Monday Blues

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Closing Bell: Investors play safe

Closing Bell Investors play safe

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Benchmark index lands in consolidation on account of mixed sentiments

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US Federal Reserve Board terminates written agreement with UBL

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US Federal Reserve Board terminates enforcement action against United Bank Limited

US Federal Reserve Board terminates enforcement against United Bank Limited

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PSX acknowledges top 25 companies' performance

PSX acknowledges top 25 companies performance

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A day off from the bears’ wrath

PSX Closing

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UBL exceeds market expectations as earnings rise by 47%

UBL exceeds market expectations as earnings rise by 47

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Trading floors turn green as KSE – 100 gains 635 pts

Trading floors turn green as KSE100 gains 635 pts

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UBL to sell asset/liability of United Bank Tanzania to EXIM Bank

UBL to sell asset liability of United Bank Tanzania to EXIM Bank

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Bears reclaim domestic capital markets after a day in green

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UBL accredits largest NPL accumulation in a quarter to GCC slowdown

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UBL suffers 42% decline in consolidated profits for 2HFY19

UBL suffers 42 decline in consolidated profits for 2HFY19

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Headwinds continue as KSE-100 loses another 267 pts to Commercial Banks and Cement

Headwinds continue as KSE-100 loses another 267 pts to commercial banks and Cement

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Commercial Banks land benchmark index in green in month's first trading session

Commercial Banks land benchmark index in green in months first trading session

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Benchmark index crosses 41,000 points first time in two months: PSX Intraday Report

Benchmark index crosses 41000 points first time in two months PSX Intraday Report

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Benchmark index breaks five-day long streak by landing in consolidation

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BMA Capital announces IPO of United Bank Limited’s TFCs

BMA Capital announces IPO of United Bank Limiteds TFCs

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UBL dissatisfied over Khalid Siddiqui's acquittal by Dubai Court

UBL dissatisfied over Khalid Siddiquis acquittal by Dubai Court

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Pessimism returns to trading floors as KSE - 100 slips beyond the 41,000 pt mark

Pessimism returns to trading floors as KSE - 100 slips beyond 41,000 mark

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UBL decides to wrap up its New York branch

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PACRA assigns initial stability ratings to UBL Cash Fund

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Optimism prevails within stock market as benchmark index inches up by 230 pts

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Name	Price/Vol	%Chg/NChg
KSE100	131,949.07 198.95M	0.97% 1262.41
ALLSHR	82,069.26 730.83M	0.94% 764.01
KSE30	40,387.76 80.88M	1.11% 442.31
KMI30	191,376.82 77.76M	0.36% 678.77
KMIALLSHR	55,193.97 350.11M	0.22% 119.82
BKTi	35,828.25 28.42M	3.64% 1259.85
OGTi	28,446.34 6.84M	-1.02% -293.01

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,125.00	110,525.00 107,865.00	-2290.00 -2.07%
BRENT CRUDE	68.51	68.89 67.75	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	106.00	106.00 105.85	-2.20 -2.03%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.50	67.18 66.04	-0.50 -0.75%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%

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HBL, UBL expand service hours for customer convenience

VIS reaffirms entity ratings of United Bank Ltd

UBL to slash share face value to Rs5 from June 23

UBL receives SBP approval for share capital subdivision

UBL to subdivide shares, cutting face value from Rs10 to Rs5

SBP endorses Silk Bank’s merger into UBL

UBL reports 34% surge in net profit, reaching Rs76bn in 2024

President orders Rs24mn financial relief to 31 bank fraud victims

Park View Enclave files suit against Silkbank-UBL merger proposal

Silk Bank shareholders approve amalgamation with UBL

Silk Bank board approves amalgamation with UBL

ADR tax sparks legal showdown for Pakistan banks

UBL to offer special banking services to Mindbridge employees

UBL, System Limited unveil Temenos DFE platform

UBL partners with TriFit to offer exclusive discounts for cardholders

UBL partners with TPL Maps to enhance banking experience across Pakistan

UBL, JazzCash partner to revolutionize digital retail payments

Pakistani banks continue to flourish with strong quarterly profits

UBL Partners with PwC to integrate Oracle Fusion Cloud HCM

UBL Fund managers halt fresh unit issuances, conversions for UGIF, AIAIF

UBL earns 15.27bn in Q2 CY24, declares Rs11 dividend

UBL Funds appoints Asif Ali Qureshi as CEO, Yasir Qadri resigns

UBL concludes sale of shareholding in UNBL

UBL Currency Exchange acquires Wall Street Exchange assets

UBL, Lucky Cement seal Rs8bn standby letter of credit deal

UBL announces record-breaking Rs20bn financing to Engro Fertilizers

UBL launches fully owned currency exchange in Karachi

UBL Currency Exchange to take over Wallstreet Exchange

SBP penalizes 8 banks, 1 EC with Rs775.5m over regulatory breaches in 3QFY24

UBL records Rs16.14bn profit in 3QFY24, declares Rs11 DPS

UBL records highest ever profit, dividend payout in 2023

UBL to invest Rs1bn in wholly-owned subsidiary UBL Currency Exchange

UBL's profit surges 2.27x YoY to Rs42.57bn in 9MCY23, declares 110% DPS

UBL ventures in to Exchange Company with Rs1bn capital

Banking sector profits double to Rs257.5bn in 1HCY23 on higher interest rates

UBL posts highest-ever PAT of Rs12.15bn in 1HCY23

Pakistan’s Banking sector rises from the ashes after IMF deal

UBL’s nine months profits down by 14% YoY sepetmber’22

Moody’s downgrades ratings of five banks

UBL’s profits decline by 19% YoY on higher provisions, taxes

Moody’s downgrades 5 Pakistani banks’ outlook to negative, affirms B3 ratings

UBL posts 28.7% higher net profits in 1QCY22

UBL declares strong profits of over Rs30bn, DPS of Rs18

UBL gets SBP’s approval to commence due diligence of Telenor Microfinance Bank

UBL submits PAI to acquire up to 84.51% stake in Samba Bank

SBP allows UBL to conduct due diligence for acquiring 84.5% SBL's shares

UBL records massive surge in profits, up by 42% in 9MCY21

UBL continues to focus on DII, outsource technology initiatives

UBL: Bottom line expands by 40% owing to reversals

UBL intends to wind up its wholly-owned subsidiary, UBL (Switzerland) AG

UBL: Lower provisions drive profitability by 54% YoY

Lower provisioning cost, higher capital gains to lift banks’ earnings

Bestway Int’l Holdings acquires 51.6% stake in UBL as part of Bestway Group’s internal reorganization

UBL: Profits jump 9% YoY despite hefty provisioning

UBL fails to lift profits during 9MCY20 owing to fall in non-interest income

State Bank of Pakistan Designates Domestic Systemically Important Banks

Moody's confirms the ratings of five Pakistani banks; stable outlook

Pak Leather Crafts Ltd approves out of court amicable settlement with UBL

UBL Analyst Briefing: COVID-19 becomes a blessing in disguise for UBL’s digital platform

UBL’s profitability increases by 17% on higher NII despite hefty provisions

Earning Preview: Higher provision charges to weigh on UBL’s earnings

UBL appoints Shazad Dada as the new President, CEO

Moody's places five Pakistani banks' ratings under review for downgrade

UBL appoints Mr Shahzad G.Dada as President & CEO

UBL's net profits during 1QCY20 increase marginally

Banking Sector: A sign of strength

UBL to wind up its wholly owned subsidiary

UBL realizes decent growth in annual profits, up by 34% YoY

MSCI Review: Resurgence of KSE-100 to improve Pakistan’s weightage in EM index?

Closing Bell: KSE-100 index ends 221 pts higher in volatile trade

UBTL concludes the sale of its Asset Liabilities with Exim Bank Tanzania Limited

UBL witnesses growth of 49% in net profits

Closing Bell: Tender Surrender