- United Bank Limited (UBL) is the 3rd largest bank operating in Pakistan.
- It has nationwide network of 1056 branches and significant foreign presence via 15 overseas branches.
- Additionally, UBL’s subsidiaries include:
- United Bank AG Zurich, Switzerland
- United National Bank Limited, UK
(Joint venture with National Bank of Pakistan)
- United Fund Management Limited
- Following the privatization in 2002, 51 % of the offered shares were acquired by Abu Dhabi group led by His Highness, Sheikh Nahayan Mabarak Al Nahayan
UBL provides complete range of corporate, commercial and consumer banking services to its customers.
Financials
Financials snapshot as at December 31, 2006
| |
(Amount in US$ millions) |
| Total Assets |
7,156 |
| Deposits |
5,664 |
| Advances |
4,181 |
| Investments |
1,079 |
| Pre-tax Profits |
238 |
| Equity & Reserves |
545 |
|