BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.67 Decreased By ▼ -0.01 (-0.15%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.17 Decreased By ▼ -1.15 (-2.01%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.65 Decreased By ▼ -1.14 (-2.16%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.06 Decreased By ▼ -0.03 (-0.49%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.17 Decreased By ▼ -0.29 (-1.1%)
MLCF 91.23 Decreased By ▼ -1.93 (-2.07%)
NBP 164.19 Decreased By ▼ -0.47 (-0.29%)
NCPL 53.18 Decreased By ▼ -2.48 (-4.46%)
NPL 59.12 Decreased By ▼ -2.04 (-3.34%)
OGDC 313.39 Decreased By ▼ -3.34 (-1.05%)
PACE 9.77 Decreased By ▼ -0.10 (-1.01%)
PAEL 35.24 Decreased By ▼ -0.39 (-1.09%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.36 Decreased By ▼ -5.55 (-2.45%)
PRL 91.22 Decreased By ▼ -1.80 (-1.94%)
PTC 59.19 Decreased By ▼ -1.07 (-1.78%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.61 Decreased By ▼ -0.19 (-2.44%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.56 Decreased By ▼ -0.41 (-3.16%)
TREET 21.73 Decreased By ▼ -0.43 (-1.94%)
TRG 55.79 Decreased By ▼ -0.77 (-1.36%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Business & Finance Print edition: 2024-06-06

UBL extends Rs20bn finance facility to Engro Fertilizers

Published Updated
Save
1 min
Comment
By Press Release
Add BRecorder as a trusted
source on Google
Google Preferred Source

KARACHI: United Bank Limited (UBL) concluded a PKR 20 Billion bilateral finance facility for Engro Fertilizers Limited, a transaction that marks a significant milestone in bilateral relationship between a major conglomerate and a leading bank.

The signing ceremony was held at the UBL Digital Lab in Karachi. Participants included senior executives from both institutions including Farooq Barkat Ali - Group CFO (Engro Corporation), Imran Khalil - CFO (Engro Fertilizers Ltd.), Manzoor Hussain Zaidi – Group Executive (CIBG UBL), Imran Sarwar – Group Executive (Risk & Credit UBL) and Nadia Tabassum – Deputy Head (CIBG UBL).

At the event, Farooq Barkat Ali, Group CFO (Engro Corporation) expressed his appreciation for UBL executing one of the largest bilateral financings by any bank in an exceptionally short time frame.

Copyright Business Recorder, 2024

UBL Engro Fertilizers

Comments

Comments are closed for this article.

Aslam Khan Jun 07, 2024 07:51am
Efert ke share price per kia asar hoga???
0
More Stories

Browse all stories