United Bank Limited

United Bank Limited
Company typePublic
PSX: UBL
KSE 100 component
KSE 30 component
IndustryFinance
Founded7 November 1958; 66 years ago (1958-11-07)
FounderAgha Hasan Abedi
HeadquartersKarachi-74000, Pakistan
Key people
Muhammad Jawaid Iqbal CEO
Products
  • Consumer Banking
  • Commercial banking
  • Islamic Banking
  • Priority banking
  • corporate banking
  • private banking
  • asset management
RevenueIncrease Rs. 172.933 billion (US$600 million) (2023)
Increase Rs. 99.451 billion (US$340 million) (2023)
Increase Rs. 55.145 billion (US$190 million) (2023)
Total assetsIncrease Rs. 5.904 trillion (US$20 billion) (2023)
Total equityIncrease Rs. 285.872 billion (US$990 million) (2023)
OwnerBestway Group (62.13%)
Number of employees
14,973 (2023)
ParentBestway Group
SubsidiariesUBL Currency Exchange
UBL Fund Managers Limited (98.87%)
Al Ameen Financial Services (98.87%)
UBL Insurers Limited (30%)
Khushhali Microfinance Bank (27.82%)
Websiteubldigital.com
Footnotes / references
Financials as of 31 December 2023 [1]

United Bank Limited (UBL) (Urdu: یونائیٹڈ بینک) is a Pakistani commercial bank headquartered in Karachi. It is a subsidiary of British multinational conglomerate, Bestway Group.

It is listed on the Pakistan Stock Exchange and it has been designated as a domestic systemically important bank (D-SIB) by the State Bank of Pakistan.[2]

  1. ^ "UBL Annual Report 2023" (PDF). UBLDigital. Retrieved 26 March 2024.
  2. ^ Reporter, The Newspaper's Staff (2020-09-04). "HBL, NBP, UBL declared important banks". DAWN.COM. Retrieved 2020-09-07.