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UBL

Moody’s downgrades long-term deposit ratings of five banks

ISLAMABAD: Moody’s Investors Service (Moody’s) has downgraded to Caa3 from Caa1 the long-term deposit ratings of...

Updated 04 Mar, 2023 09:11am

Pakistan

Moody's downgrades five Pakistani banks

Also downgrades the five banks' long-term foreign currency Counterparty Risk Ratings (CRRs) to Caa3 from Caa1

Updated 03 Mar, 2023 09:14pm

Business & Finance

UBL delivers resilient performance in 2022

KARACHI: UBL delivered yet another solid performance generating a Profit Before Tax (PBT) of Rs68.3 billion for the...

Published 24 Feb, 2023 06:00am

Business & Finance

Frivolous representation: Alvi imposes Rs20,000 fine on UBL

ISLAMABAD: President Dr Arif Alvi has imposed a fine of Rs20,000 on United Bank Ltd (UBL) over filing a frivolous...

Published 08 Jan, 2023 03:48am

Business & Finance

UBL, SEDF sign agreement

KARACHI: United Bank Limited (UBL) and Sindh Enterprise Development Fund (SEDF) recently signed an agreement for...

Published 08 Dec, 2022 06:54am

BR Research

Big banks grow steadily

The 9MCY22 banking earning season has been a stellar one for the big 5 banks, on pretax profit grounds. The big five...

Published 15 Nov, 2022 08:58am

Pakistan

Digital training programme: UBL partners with Habib University

KARACHI: UBL and Habib University have entered into an agreement for Level Up, Pakistan’s first design and digital...

Published 31 Oct, 2022 07:52am

Business & Finance

UBL’s 9-month PBT grows 29pc YoY

KARACHI: UBL declared profit before tax (PBT) of Rs 50.7 billion for the nine months ended September 30, 2022, a...

Published 21 Oct, 2022 05:57am

Business & Finance

UBL and SAUT collaborate to develop agri sector

KARACHI: United Bank Limited (UBL) and Sindh Agriculture University Tandojam (SAUT) recently entered into an...

Published 08 Oct, 2022 03:25am

Business & Finance

UBL, NayaPay partner for fast int’l remittances to Pakistan

KARACHI: As the demand for fast, secure and simple digital payments across borders continues to grow, UBL and ...

Published 05 Oct, 2022 05:49am

Business & Finance

UBL partners with NICK to host BuiltByHer 3.0 Hackathon

KARACHI: United Bank Limited is partnering with National Incubation Centre, Karachi (NICK) to organise the ...

Published 21 Sep, 2022 05:57am

Business & Finance

PRL’s $1.2bn expansion project: UBL and JS Global appointed financial advisers

KARACHI: United Bank Limited (UBL) and JS Global Capital Limited (JSGCL) have been jointly awarded the mandate for...

Published 26 Aug, 2022 05:35am

Business & Finance

UBL declares H1 PBT of Rs34.2bn, with 32pc growth

KARACHI: UBL declared profit before tax (PBT) of Rs 34.2 billion for the half year ended June 30, 2022, an ...

Published 05 Aug, 2022 08:26am

Pakistan

‘UBL Datathon’ launched at Habib University

KARACHI: The UBL in collaboration with Habib University launched the “UBL Datathon”, the first of its kind...

Published 17 Jun, 2022 08:25am

Business & Finance

‘Visionary Banking in Pakistan’ event held at WEF

KARACHI: On 25th May at World Economic Forum 2022 an exciting event on “Visionary Banking in Pakistan” was held...

Published 02 Jun, 2022 06:19am

Business & Finance

UBL, PAFLA sign MoU

KARACHI: United Bank Limited (UBL) and Pakistan Freelancers’ Association (PAFLA) recently signed a Memorandum of...

Published 29 Apr, 2022 05:43am

Business & Finance

UBL earns Rs15.8bn PBT in Q1’22 as strong momentum continues with 30pc growth

KARACHI: UBL declared profit before tax (PBT) of Rs 15.8 billion for the quarter ended March 31, 2022, which...

Published 22 Apr, 2022 05:36am

Markets

PSX regains footing

KARACHI: Despite foreign selling, Pakistan Stock Exchange Friday closed on a positive note on the back of healthy...

Published 02 Apr, 2022 04:14am

Business & Finance

UBL, Safepay enter into an agreement

KARACHI: United Bank Limited (UBL) and Safepay have entered into an agreement for the provision of digital ...

Published 17 Mar, 2022 04:53am

15pc rise YoY: Banks’ profitability soars to Rs268bn mark

KARACHI: Pakistan listed banks’ profitability increased to a record Rs 268 billion, up 15 percent on a ...

Updated 10 Mar, 2022 09:39am

Business & Finance

Financial inclusion of women: SBP unveils ‘ADA’ to break barriers

KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir Monday expressed his confidence that ‘Asaan Digital...

Published 08 Mar, 2022 05:15am

Business & Finance

SBP to celebrate ‘journey of women’s financial inclusion’ tomorrow

KARACHI: To celebrate the journey of women’s financial inclusion in Pakistan, the State Bank of Pakistan (SBP), in...

Published 06 Mar, 2022 05:14am

Business & Finance

UBL, FECTO-BELARUS join hands to promote farm mechanization

KARACHI: UBL and FECTO BELARUS have joined hands to promote farm mechanization and facilitate farmers in obtaining...

Published 24 Feb, 2022 06:34am

Business & Finance

MCB gets SBP's approval for due diligence of Telenor Microfinance Bank

The State Bank of Pakistan (SBP) has granted approval to MCB to commence the due diligence process as it eyes to...

Published 21 Feb, 2022 02:44pm

Pakistan

Karachi Green Line Bus Rapid Transit Line: UBL to provide SIDCL with exclusive cash management services

KARACHI: United Bank Limited (UBL) recently entered into an exclusive Cash Management mandate with Sindh...

Published 17 Feb, 2022 06:37am

Business & Finance

55% shares: UBL gets SBP's approval for due diligence of Telenor Microfinance Bank

The State Bank of Pakistan (SBP) has granted in-principle approval to United Bank Limited (UBL) to commence the due...

Published 08 Feb, 2022 01:11pm

Business & Finance

SLIC signs MoU with UBL on cash management services

KARACHI: State Life Insurance Corporation of Pakistan (State Life) signed an MOU with United Bank Limited (UBL) at a...

Published 01 Feb, 2022 04:07am

Business & Finance

State Life signs MoU with UBL

KARACHI: State Life Insurance Corporation of Pakistan (SLIC) signed an MOU with United Bank Limited (UBL) at a...

Published 28 Jan, 2022 04:44am

Due diligence of Samba Bank: UBL granted approval by SBP

KARACHI: The State Bank Pakistan (SBP) has granted in principle approval to United Bank Limited (UBL) for conducting...

Updated 27 Jan, 2022 09:54am

Business & Finance

‘UBL has joined forces with Visa to drive fintech enablement in Pakistan’

KARACHI: In what is a first for the MENA (Middle East and North Africa) region, and third in the CEMEA (Central and...

Published 25 Jan, 2022 05:03am

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Mar 29 The Pakistan General Insurance Co. Ltd.(PKGI)	4.42 ▲ 0.62 (16.32%)
Popular Islamic / Mar 29 Popular Islamic Modaraba(PIM)	8.15 ▲ 1.00 (13.99%)
KASB Modaraba / Mar 29 KASB Modaraba(KASBM)	1.24 ▲ 0.15 (13.76%)
Invest Bank / Mar 29 Invest Capital Investment Bank Limited(ICIBL)	1.19 ▲ 0.10 (9.17%)
Khyber Tex. / Mar 29 Khyber Textile Mills Limited(KHYT)	369.70 ▲ 25.79 (7.50%)
J.K.Spinning / Mar 29 J.K. Spinning Mills Limited(JKSM)	43.32 ▲ 3.02 (7.49%)
Khairpur / Mar 29 Khairpur Sugar Mills Limited(KPUS)	67.61 ▲ 4.71 (7.49%)
Quetta Textile / Mar 29 Quetta Textile Mills Limited(QUET)	15.22 ▲ 1.06 (7.49%)
Zahid Jee Textile / Mar 29 Zahidjee Textile Mills Limited(ZAHID)	26.87 ▲ 1.87 (7.48%)
Shield Corp. / Mar 29 Shield Corporation Limited(SCL)	304 ▲ 20.89 (7.38%)

Stock	Price
Pak. P.V.C. / Mar 29 Pakistan PVC Limited(PPVC)	3.91 ▼ -0.99 (-20.20%)
First Pak Mod. / Mar 29 First Pak Modaraba(PAKMI)	1.20 ▼ -0.20 (-14.29%)
Bilal Fibres / Mar 29 Bilal Fibres Limited(BILF)	2.15 ▼ -0.29 (-11.89%)
Unicap Modaraba / Mar 29 Unicap Modaraba(UCAPM)	1.61 ▼ -0.19 (-10.56%)
U.D.L.Modaraba / Mar 29 First UDL Modaraba(FUDLM)	4.71 ▼ -0.49 (-9.42%)
Media Times Ltd / Mar 29 Media Times Limited(MDTL)	1.82 ▼ -0.16 (-8.08%)
Ghazi Fabrics / Mar 29 Ghazi Fabrics International Limited(GFIL)	4.07 ▼ -0.34 (-7.71%)
Saritow Spinning / Mar 29 Saritow Spinning Mills Limited(SSML)	4.03 ▼ -0.33 (-7.57%)
Metro Steel / Mar 29 Metropolitan Steel Corporation Limited(MSCL)	27.39 ▼ -2.22 (-7.50%)
Nimir Ind.Chem. / Mar 29 Nimir Industrial Chemicals Limited(NICL)	57.77 ▼ -4.68 (-7.49%)

Stock	Volume
Telecard Limited / Mar 29 Telecard Limited(TELE)	23,781,500 ▼ -0.33
WorldCall Telecom / Mar 29 Worldcall Telecom Limited(WTL)	9,342,048 ▼ -0.02
Pakistan Alumin / Mar 29 Pakistan Aluminium Beverage Cans Limited(PABC)	7,635,500 ▼ -2.29
Pak Int.Bulk / Mar 29 Pakistan International Bulk Terminal(PIBTL)	5,999,500 ▼ -0.17
Nishat Mills Ltd / Mar 29 Nishat Mills Limited(NML)	4,517,772 ▼ -0.92
Shifa Int.Hosp / Mar 29 Shifa International Hospitals Limited(SHFA)	4,299,000 ▲ 8.00
Pak Elektron / Mar 29 Pak Elektron Limited(PAEL)	4,048,000 ▼ -0.07
K-Electric Ltd. / Mar 29 K-Electric Limited(KEL)	3,769,542 ▼ -0.02
Habib Bank / Mar 29 Habib Bank Limited(HBL)	3,527,993 ▼ -1.26
D.G.K.Cement / Mar 29 D.G. Khan Cement Company Limited(DGKC)	3,430,473 ▼ -0.07

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 29	284
USD PKR Interbank Buying / Mar 29	283.40
USD to Japanese Yen / Mar 29	131.67
USD to Swiss Franc / Mar 29	0.92
Pound Sterling to USD / Mar 29	1.23
Euro to USD / Mar 29	1.08
UK LIBOR % / Mar 28	4.81

Stock	Volume
S&P 500 / Mar 28	3971.27
Nasdaq / Mar 28	11716.08
Dow Jones / Mar 28	32394.25
India Sensex / Mar 29	57772.50
Tokyo Nikkei / Mar 29	27883.78
Hang Seng / Mar 29	20191.68
FTSE 100 / Mar 29	7506.30
Germany DAX 30 / Mar 29	15242.54
France CAC40 / Mar 29	7139.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 28	18935
Gold 10 Grams PKR / Mar 28	175411
Crude Oil USD/Barrel / Mar 29	73.63
Gold Spot USD/Ounce / Mar 29	1966.74
Cotton US¢/pound / Mar 29	82

UBL

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