UBL
SBP Approves UBL Share Split to Boost Market Liquidity
The State Bank of Pakistan (SBP) has officially approved the proposed UBL share split, paving the way for United Bank Limited (PSX: UBL) to restructure…
Shareholders Approve Silkbank-UBL Merger, Awaiting Final Approval
The merger between Silkbank Limited and United Bank Limited (UBL) has been legally accepted by the shareholders of both banks under the Scheme of Amalgamation.…
Top Contributors to PSX’s 84% Surge in 2024
The Pakistan Stock Exchange (PSX) experienced a remarkable surge in 2024, with the benchmark KSE-100 index climbing by 84%, adding 52,676 points to reach a…
Pakistan Receives $300M Loan from UBL
KARACHI: The government of Pakistan has secured a $300 million loan from United Bank Ltd (UBL) to meet the growing financial needs required to repay…
Pakistani Banks Ordered to Refund Millions to Fraud Victims Following Presidential Decision
The President of Pakistan, Asif Ali Zardari has ordered Allied Bank and Muslim Commercial Bank (MCB), among other major banks, to return a total of…
Park View Enclave Challenges Silkbank-UBL Merger in Sindh High Court
Park View Enclave (Private) Limited has initiated legal proceedings against the proposed merger between Silkbank Limited and United Bank Limited (UBL). The lawsuit, filed in…
Pakistan Stock Market Surges as 11 More Companies Cross Billion-Dollar Threshold
The Pakistan Stock Exchange (PSX) has witnessed an exceptional rally recently, with the KSE-100 Index closing above 116,000 on Monday, December 16, 2024. This remarkable…
UBL, NBP, and MCB Bank Lag in Financial Literacy and Sustainability Transparency: FFA Report
Asian banks, including Pakistani counterparts, must strike a balance between inclusion aims and financial literacy and consumer empowerment programs, while also informing consumers about their…
UBL and Silk Bank to Finalize Merger Through Share Swap
The merger between Silk Bank Limited (SILK) and United Bank Limited (UBL) has been approved by both parties. UBL, one of Pakistan’s largest commercial banks,…
Silkbank Receives Board Approval for Merger with UBL
On November 6, 2024, the board of directors of Silkbank Limited (PSX: SILK) granted in-principle approval for a potential merger with United Bank Limited (PSX:…
UBL Proposes Merger with Silkbank
United Bank Limited (PSX: UBL) has offered to merge Silkbank Limited (PSX: SILK) under Section 48 of the Banking Companies Ordinance, 1962 (Amalgamation). This proposal…
UBL: Spearheading the Digital Banking Revolution in Pakistan
United Bank Limited (UBL) is leading the digital shift in Pakistan’s banking sector, motivated by the conviction that technology can dramatically redefine banking experiences. By…
PriceOye.pk partners with United Bank Limited to provide BNPL payment option to credit card users of UBL
United Bank Limited and PriceOye have announced an expansion of their strategic partnership by signing an agreement for the ‘Buy Now, Pay Later’ Option as…