United Bank Limited provides commercial banking and related services in Pakistan and the Middle East. It offers current, savings, and term deposit accounts; and consumer loans and small and medium enterprise loans, including rice husking, cotton ginning, and commercial vehicle financing, as well as fleet and wheat financing for flour mills. The company also provides project, trade, and working capital finance services; import and export, factoring, leasing, and lending services; guarantees; and services related to mergers and acquisitions, underwriting/arrangement of debt and equity instruments through syndications, initial public offerings, and private placements. In addition, it offers treasury services comprising fixed income, equity, foreign exchange, credit, funding, own position securities, lending and borrowings, and derivatives for hedging and market making, as well as bancassurance products, debit and credit cards, and branchless and digital banking services. The company operates branches in Pakistan consisting of Islamic branches and Islamic banking windows; branches in export processing zone in Karachi and Sialkot; and international branches. The company was founded in 1959 and is headquartered in Karachi, Pakistan. United Bank Limited is a subsidiary of Bestway International Holdings Limited.
Pakistani Market Performance
7D7 Days: 3.3%
3M3 Months: 26.5%
1Y1 Year: 63.3%
YTDYear to Date: 13.7%
The market has climbed 3.3% in the last 7 days, lead by the Energy sector with a gain of 8.3%. In the last year, the market has climbed 63%. Earnings are forecast to grow by 6.9% annually. Market details ›
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