United Bank (Pakistan)
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| Public | |
| Traded as | : UBL |
| Industry | Finance |
| Founded | 7 November 1959 |
| Headquarters | Karachi, Pakistan |
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Key people
|
Sir Mohammed Anwar Pervez, OBE, HPk - Chairman/Non-Executive Director Mr. Zameer Mohammed Choudrey, CBE - Non Executive Director Mr. Haider Zameer Choudrey - Non Executive Director Mr. Rizwan Pervez - Non Executive Director Mr. Arshad Ahmad Mir - Non Executive Director Mr. Khalid A. Sherwani - Independent Director Mr. Amar Zafar Khan - Independent Director Mr. Tariq Rashid - Independent Director Ms. Sima Kamil - President & CEO |
| Products | Commercial Banking, Corporate Banking, Private Banking, Asset Management |
| Revenue |
 ₨80.65 billion (US$760 million) - 2016 |
|
₨27.73 billion (US$260 million) - 2016 |
|
| Total assets |
₨1.62 trillion (US$15 billion) - 2016 |
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Number of employees
|
15,000+ |
| Website | www.ubldirect.com |
Sir Mohammed Anwar Pervez, OBE, HPk - Chairman/Non-Executive Director
Mr. Zameer Mohammed Choudrey, CBE - Non Executive Director
Mr. Haider Zameer Choudrey - Non Executive Director
Mr. Rizwan Pervez - Non Executive Director
Mr. Arshad Ahmad Mir - Non Executive Director
Mr. Khalid A. Sherwani - Independent Director
Mr. Amar Zafar Khan - Independent Director
Mr. Tariq Rashid - Independent Director
United Bank Limited (UBL) is a Karachi based commercial bank. As one of Pakistan’s largest banks in the private sector, the Bank operates a network of over 1,385 branches across Pakistan and 19 branches overseas. With a customer base of over 4 million, it leads the banking and financial services sector in Pakistan. Customers across the world have 24/7 access to the bank via UBL's internet banking facilities.
The bank has an asset base in excess of $15 billion, a global workforce of almost 13,000 people and a diversified client base covering a broad spectrum of segments and industries across the globe. UBL provides a complete array of services in wholesale and retail banking through its network of branches and presence across 12 countries in four continents including the UAE, Bahrain, Qatar, Yemen, UK, Switzerland, China, Oman, US, Tanzania, Iran and Pakistan.
Agha Hasan Abedi founded the bank in 1959. In 1971 the Government of Pakistan nationalized the bank. In 2002, the Government of Pakistan sold it in an open auction to a consortium of Abu Dhabi Group and Bestway.
In 2002, the bank merged its operations in the UK with those belonging to National Bank of Pakistan to form United National Bank Limited. United Bank owns 55% of the joint-venture and National Bank of Pakistan owns the remainder.
United Bank Limited in an effort to increase its outreach in the market of Pakistan has done contract with Access Group to activate DigitalPass – POS terminals.
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Wikipedia