JCR-VIS Reaffirms Ratings of United Bank Limited to AAA/A-1+

JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of United Bank Limited (UBL) at ‘AAA/A-1+’ (Triple A/A-One Plus). Position on the assigned ratings is ‘Stable’. The previous rating action was declared on June 29th, 2016. Assigned to UBL, the largest private sector bank in Pakistan, the ratings incorporate the continued soundness in

MCB Bank Inaugurates Its First Flagship Digital Branch in Lahore

MCB Bank similar to UBL Bank and Standard Chartered Bank has initiated towards setting its first digital branch including its advanced Digital Lounge in Lahore, Packages Mall. This new MCB Packages Mall Branch facilitates complete banking services as well as advanced digital services such as a Video Contact Center, Interactive Digital Interfaces, Cash Deposit Machines

Zong, United Bank Limited (UBL) Ties Strategic Knot!

Pakistan’s No.1 4G Network, Zong has entered into Strategic Alliance with UBL – United Bank Limited, one of the top banks in Pakistan. Both companies contracted by signing MoU for Mobile Broadband (MBB) through which the Credit Card Customers and employees of UBL will get MBB devices with upfront buying of 12 months MBB bundles.

Banks Receive More Than 214,000 Hajj Applications in 5 Days!

According to the PITB’s Hall Policy 2017, 9061 branches of 10 banks have received applications which shall continue till 26th April. There will be about 179,210 pilgrims from the country carrying out Hajj this year, with 60% going with the Government Scheme and the remaining by the Private Hajj Group Organizers. Banks have already received

Zero Growth for UBL in Q1 Profits

The leading banking setup, UBL has opened up zero growth in its profit for the first quarter, 2017 with different earnings by heads of interest and non-interest income. Per the released financial results (combined), UBL earned a profit of Rs. 7.57 billion for the first quarter of 2017, from January to March. This was in

Sima Kamil – The First Woman to Become CEO of a LEADING BANK!

United Bank Limited (UBL) has opened up today that Sima Kamil has been appointed as the new president and chief executive officer (CEO) of the bank replacing the outgoing CEO, Wajahat Hussain. Serving as deputy CEO at UBL, Kamil is scheduled to take over the top opening after May 31, after Hussain Departs from the bank.

UBL’s BoD Has Full Trust in Bank’s CEO

The Board of Directors of UBL Bank has complete trust in the CEO and President, Mr. Wajahat Husain. Same is for the management of the bank. The directors have rejected all the stories which are being spread with regards to the Bank’s CEO. Not just this, they greatly appreciate the financial results achieved by the

UBL inaugurates Pakistan’s first Digital Branch

UBL, Pakistan’s Best Bank 2016, has launched Pakistan’s first Digital Branch. This pilot branch is located at the Institute of Business Administration (IBA-City Campus), Karachi. True to its Progressive and Innovative brand attributes, UBL is the first commercial bank in Pakistan to provide its customers with state-of-the-art facilities enclosed within a cutting-edge modern design. A

UBL Funds Win Pakistan’s Corporate Excellence Award!

UBL Funds Managers looking after UBL Stock Advantage Fund (Equity Scheme) has won the Management Association of Pakistan’s (MAP) Corporate Excellence Award. This award has been given in the Other Financial Services Category. With the winning of this award, UBL Funds Managers Limited (UBL Fund) is now 3 times winner of this awards, per a

10 Restaurants Offering as much as 40% Discounts on UBL Cards!

UBL – Do you love to eat? Do you go out often? If you do, then you have probably hit the right post! Let’s check out some of the coolest dine-in places where you can have the most scrumptious food while not burdening your pockets. They offer a variety of discounts at different restaurants which