UBL has won the Pakistan Stock Exchange (PSX) "Top Companies of the Year" Award for 2015. The award was presented at a ceremony held in Karachi recently. Prime Minister Nawaz Sharif, who was the Chief Guest at the event, gave away the awards. Wajahat Husain, President & CEO, UBL received the award from the Prime Minister, on behalf of the Bank.
The award acknowledges the performance of top companies in all industries, every year on the basis of comprehensive criteria such as Dividend Payout, Capital Efficiency, Profitability, Free-Float of Shares, Transparency & Investor Relations and Compliance with Listing of Companies & Securities Regulations. Each year only 25 companies are declared as winners of this award. The top 25 companies are selected on the basis of highest scores obtained as per the selection criteria.
On receiving the Award, Wajahat Husain, President & CEO, UBL said "UBL leads the banking and financial services sector in Pakistan. Over the course of its 57 years of existence, the Bank has come to be acknowledged as a progressive and innovative bank. The Bank provides financial solutions to over 4 million customers not just in Pakistan, but across four continents. This recognition has come about because of the support and patronage of our customers."-PR