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United Bank Limited

UBL profit jumps 124% YoY to Rs36.11bn in Q1 of 2025

United Bank Limited (UBL), one of Pakistan’s largest commercial banks, posted consolidated Rs36.11 billion...

Published 16 Apr, 2025 07:11pm

Business & Finance

UBL completes acquisition of Silkbank

KARACHI: United Bank Limited (UBL) announced the successful amalgamation of Silkbank Limited (SBL) with and into...

Published 12 Mar, 2025 03:03am

Business & Finance

UBL absorbs Silk Bank after SBP approval

In a key development on the banking front, the State Bank of Pakistan (SBP) has approved the amalgamation of Silk...

Updated 11 Mar, 2025 11:11pm

Business & Finance

UBL posts Rs75.8bn profit in 2024, up 34% YoY

United Bank Limited (UBL), one of Pakistan’s largest commercial banks, posted consolidated earnings of a massive...

Published 19 Feb, 2025 01:19pm

Economic revival efforts: UBL arranges $300m loan via UAE, Bahrain branches

KARACHI: United Bank Limited (UBL), through its UAE and Bahrain branches, has successfully arranged and financed a...

Updated 31 Dec, 2024 03:21pm

Markets

PSX record rally: more Pakistani companies join billion-dollar club

Number of companies with over billion-dollar capitalisation increases from six in May 2024 to 11 in December 2024

Published 16 Dec, 2024 04:16pm

Business & Finance

One for 325: UBL board approves merger with Silkbank via share swap

United Bank Limited (UBL), one of Pakistan’s largest commercial banks, has approved the amalgamation of Silkbank...

Updated 03 Dec, 2024 05:10pm

Business & Finance

UBL’s profit clocks in at massive Rs15.3bn in 2QCY24

United Bank Limited (UBL), one of Pakistan’s largest commercial banks, posted consolidated earnings of a massive...

Updated 31 Jul, 2024 05:59pm

Business & Finance

UBL to sell 55pc stake in UNBL UK to Bestway Group

KARACHI: United Bank Limited (UBL) has finalized the sale of its 55 percent stake in United National Bank Limited UK...

Published 06 Jul, 2024 05:18am

Business & Finance

Transaction complete: UBL sells off stake in its UK subsidiary to Bestway Group

United Bank Limited (UBL), one of Pakistan’s largest commercial banks, has successfully concluded the transaction...

Updated 05 Jul, 2024 07:09pm

Business & Finance

Lucky Cement Limited: UBL concludes USD based Standby Letter of Credit Facility

KARACHI: United Bank Limited (UBL) recently concluded a USD based Standby Letter of Credit Facility (equivalent to ...

Published 02 Jul, 2024 05:07am

Markets

Reclassification: MSCI adds NBP to Frontier Market Index

In a positive development, Morgan Stanley Capital International (MSCI) Inc., in its results of the May 2024 index...

Updated 15 May, 2024 04:48pm

Business & Finance

UBL to build regional office at Naya Nazimabad

KARACHI: United Bank Limited (UBL) - a leading bank of Pakistan, has acquired a 14,092 sq. yards commercial plot in...

Updated 14 May, 2024 06:13am

Business & Finance

UBL introduces SoftPOS solution with TapSys

KARACHI: United Bank Limited (UBL), in collaboration with technology innovator TapSys, proudly announce the launch ...

Published 02 Apr, 2024 04:37am

Business & Finance

UBL’s profit clocks in at Rs56.5bn, up 76% in 2023

United Bank Limited (UBL), one of the country’s largest commercial banks, posted consolidated earnings of Rs56.47...

Updated 21 Feb, 2024 10:05pm

Business & Finance

Enforcement action: SBP imposes over Rs465mn in penalties on 10 banks

The State Bank of Pakistan (SBP) imposed penalties worth Rs465.08 million on 10 banks during the quarter ended...

Updated 30 Jan, 2024 10:46pm

Business & Finance

Askari Bank latest to establish wholly-owned Exchange Company

Askari Bank Limited, a subsidiary of Fauji Foundation, announced on Friday it will establish an Exchange Company...

Updated 27 Oct, 2023 10:57pm

Business & Finance

UBL’s profit up 128% during July-September

United Bank Limited (UBL), one of the country’s largest commercial banks, posted earnings of Rs15.04 billion for the...

Published 25 Oct, 2023 04:06pm

Markets

Habib Metropolitan Bank says it will establish wholly-owned EC

The Board of Directors of Habib Metropolitan Bank (HMB), a subsidiary of Habib Bank AG Zurich – Switzerland,...

Published 10 Oct, 2023 05:44pm

Business & Finance

EC also to be set up: UBL board approves divestment of stake in UNBL UK

KARACHI: The board of directors of United Bank Limited (UBL), in its meeting held on September 11, 2023 made...

Published 13 Sep, 2023 06:17am

Markets

UBL says will establish wholly-owned Exchange Company

The Board of Directors (BoD) of United Bank Limited (UBL), one of the largest commercial banks in the country, has...

Updated 12 Sep, 2023 03:29pm

Business & Finance

Dollar East Exchange Co and UBL sign strategic partnership

LAHORE: Dollar East Exchange Company Pvt Ltd and United Bank Limited (UBL) recently signed a Memorandum of...

Published 16 Aug, 2023 05:50am

Markets

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 28 Jul, 2023 03:03am

Markets

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 27 Jul, 2023 06:26am

Business & Finance

1H2023: UBL earns Rs52bn PBT

KARACHI: United Bank Limited (UBL) declared a consolidated profit before tax (PBT) of Rs 52.0 billion for the half...

Published 22 Jul, 2023 06:06am

Markets

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 20 Jul, 2023 03:12am

Business & Finance

SBP designates D-SIBs for 2023

KARACHI: The State Bank of Pakistan has announced the designation of D-SIBs for the year 2023 under the framework ...

Published 20 Jul, 2023 03:12am

Business & Finance

Pakistan’s central bank designates NBP, HBL & UBL as D-SIBs

The State Bank of Pakistan (SBP) on Wednesday announced the designation of Domestic Systemically Important Banks...

Published 19 Jul, 2023 04:32pm

Business & Finance

MCB Bank to conduct Silkbank’s due diligence

The Board of Directors (BoD) at MCB Bank has given its go-ahead to the management to conduct due diligence of...

Published 29 May, 2023 01:45pm

Business & Finance

UBL goes live on Temenos to power digital corporate lending

KARACHI: United Bank Limited (UBL), one of the largest banks in Pakistan with 11 million customers, has gone live...

Published 12 May, 2023 05:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.03 ▲ 0.42 (16.09%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)
AN Textile Mills / May 15 AN Textile Mills Limited(ANTM)	11.87 ▲ 1.08 (10.01%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Arctic Textile / May 15 Arctic Textile Mills Limited(ARCTM)	23.63 ▲ 2.15 (10.01%)
Otsuka Pakistan / May 15 Otsuka Pakistan Limited(OTSU)	229.33 ▲ 20.85 (10%)

Stock	Price
Tariq Corp.Pref. / May 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.11 ▼ -1 (-12.33%)
Baba Farid Sugar / May 15 Baba Farid Sugar Mills Limited(BAFS)	52.60 ▼ -5.83 (-9.98%)
TPL Life Insur. / May 15 TPL Life Insurance Limited(TPLL)	46.80 ▼ -4.5 (-8.77%)
Reliance Weaving / May 15 Reliance Weaving Mills Limited(REWM)	101 ▼ -8.95 (-8.14%)
Tri-Star Mutual / May 15 Tri-Star Mutual Fund Limited(TSMF)	8.10 ▼ -0.7 (-7.95%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	27.10 ▼ -2.19 (-7.48%)
Sanghar Sugar / May 15 Sanghar Sugar Mills Limited(SANSM)	55.66 ▼ -4.28 (-7.14%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.12 ▼ -0.9 (-6.91%)
First Elite Cap.Mod / May 15 First Elite Capital Modaraba(FECM)	18.35 ▼ -1.3 (-6.62%)
Olympia Mills / May 15 Olympia Mills Limited(OML)	52 ▼ -3.53 (-6.36%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	39,622,031 ▲ 1.89
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	39,060,509 ▲ 0.13
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	35,036,037 ▲ 0.35
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	26,736,601 ▲ 3.31
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	25,100,707 ▲ 0.21
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	20,819,897 ▲ 0.26
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	19,716,081 ▲ 0.74
B.O.Punjab / May 15 The Bank of Punjab(BOP)	14,974,500 ▲ 0.09
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	14,187,683 ▲ 1.78
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	13,408,108 ▲ 0.02

Markets →

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