Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

UBL announces record-breaking Rs20bn financing to Engro Fertilizers

UBL announces record-breaking Rs20bn financing to Engro Fertilizers
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

June 06, 2024 (MLN): United Bank Limited (PSX: UBL) has announced the conclusion of the largest private-sector lending to Engro Fertilizers Limited (PSX: EFERT), as revealed in the bank's latest social media post.

The financing amounted to Rs20 billion and marks a significant milestone in the bilateral relationship between the two institutions.

The signing ceremony was held at the UBL Digital Lab in Karachi on June 04, 2024.

Participants included senior executives from both institutions including Farooq Barkat Ali – Group CFO (Engro Corporation), Imran Khalil – CFO (EFERT), Manzoor Hussain Zaidi – Group Executive (CIBG UBL), Imran Sarwar – Group Executive (Risk & Credit UBL) and Nadia Tabassum – Deputy Head (CIBG UBL).

Copyright Mettis Link News

Posted on: 2024-06-06T11:41:21+05:00