United Bank Limited
Pakistani multinational commercial bank / From Wikipedia, the free encyclopedia
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United Bank Limited (UBL) (یونائیٹڈ بینک لمیٹڈ) is a Pakistani multinational commercial bank which is based in Karachi, Pakistan.
Quick Facts Company type, Traded as ...
Company type | Public |
---|---|
PSX: UBL | |
Industry | Finance |
Founded | 7 November 1958; 65 years ago (1958-11-07) |
Founder | Agha Hasan Abedi |
Headquarters | Karachi-74000, Pakistan |
Key people | Muhammad Jawaid Iqbal CEO |
Products |
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Revenue | Rs. 142.8 billion (US$490 million)[1] (2023) |
Rs. 108.1 billion (US$370 million)[1] (2023) | |
Rs. 53.2 billion (US$180 million)[1] (2023) | |
Total assets | Rs. 5.57 trillion (US$19 billion)[1] (2023) |
Number of employees | 14,973[1] (2023) |
Parent | Bestway Group (62.13%)
General Public & Others (31.03%) Insurance Companies (3.28%) Murabahas & Mutual Funds (1.25%) International GDRs (non-voting shares) (0.08%)[1] |
Website | www |
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For the year 2020, UBL was designated domestic systemically important bank (D-SIB) by the State Bank of Pakistan.[2]
It is listed on the Pakistan Stock Exchange. Its largest shareholder is the British investment company Bestway Group who own 62.13% of the business.