UBL is Pakistan`s second largest private bank. In 2002, a consortium consisting of Bestway Group and Abu Dhabi Group acquired 51% of UBL shares together with management rights and control of the bank through the Government of Pakistan`s privatisation process. The consortium currently owns 61.37% of the bank with Bestway Group at 51.07% and Abu Dhabi Group at 10.30%.
UBL has an asset base of $7.6 billion, advances of $4.3 billion, deposits of $5.98 billion, CAR of 14.4% and EPS of 8.7x. UBL has a vast network of over 1,100 branches in Pakistan and a strong presence in Middle East, North America, Europe, China and Central Asia. It has a UK based subsidiary, United National Bank which has six branches in UK. UBL provides employment to over 14,500 people and serves over 5 million customers.
Since 2002, UBL has achieved numerous milestones in all aspects of its business. With a wide ranging dynamic portfolio of globally competitive products and services, and a proven track record spanning over half a century, UBL today is at the forefront of the banking sector in Pakistan as well as in the region.
For more information on UBL please visit www.ubl.com.pk
For operations in UK please visit www.unbankltd.com
For operations in North America please visit www.ubl.com.pk/ny
For fund management please visit www.ublfunds.com
For insurance services please visit www.ublinsurers.com
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