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UBL

UBL unveils Visa Premium Plus Debit Card

KARACHI: UBL (United Bank Limited) announced the launch of its Visa Premium Plus Debit Card, a pioneering financial...

Published 17 Dec, 2024 06:47am

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

Opinion

Interest rate risk on banking books in a declining rate scenario

It goes without saying that a cut in the interest rate by the State Bank of Pakistan has sparked quite some debate ...

Published 09 Dec, 2024 06:43am

Business & Finance

Share swap arrangement: UBL approves amalgamation with SBL

KARACHI: The Board of Directors of United Bank Limited (UBP) has approved the amalgamation of Silk Bank Limited...

Updated 04 Dec, 2024 09:23am

Business & Finance

LCCI, UBL organize seminar on ‘Women Entrepreneurship Day’

LAHORE: A seminar in connection with Women Entrepreneurship Day and campaign to enhance access to finance for women...

Published 17 Nov, 2024 05:36am

Pakistan

SAU, UBL launch wheat seed sowing project

HYDERABAD: Sindh Agriculture University (SAU) Tandojam, in partnership with United Bank Limited (UBL), has launched...

Published 07 Nov, 2024 06:16am

Business & Finance

Silkbank’s board grants in-principle approval for UBL merger

The Board of Directors (BoD) of Silkbank Limited have granted their in-principle approval for a potential merger...

Published 06 Nov, 2024 02:45pm

Business & Finance

UBL submits merger offer to Silkbank

KARACHI: The United Bank Limited (UBL) has formally submitted an offer to Silkbank Limited for the amalgamation of...

Published 02 Nov, 2024 06:15am

Business & Finance

UBL submits merger offer to Silkbank

Proposes share swap for amalgamation

Updated 01 Nov, 2024 11:01pm

Pakistan

Alkhidmat signs MoU with UBL Ameen

KATACHI: Alkhidmat Karachi has signed an MoU with UBL’s Islamic banking service "Ameen" to facilitate students of...

Published 31 Aug, 2024 06:55am

Moody’s lifts long-term deposit ratings of 5 banks

ISLAMABAD: Moody’s Ratings (Moody’s) upgraded the long-term deposit ratings to Caa2 from Caa3 of five Pakistani...

Updated 31 Aug, 2024 03:33pm

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

Business & Finance

UBL extends Rs20bn finance facility to Engro Fertilizers

KARACHI: United Bank Limited (UBL) concluded a PKR 20 Billion bilateral finance facility for Engro Fertilizers...

Published 06 Jun, 2024 03:09am

Business & Finance

UBL Currency Exchange launched

KARACHI: United Bank Limited (UBL) announced the official launch of UBL Currency Exchange, a wholly-owned subsidiary...

Published 05 Jun, 2024 07:47am

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

Pakistan

UBL, SAU collaboration boosts seed development efforts in Sindh

HYDERABAD: In an endeavour to tackle the challenges encountered by farmers in Sindh, especially concerning the...

Published 08 May, 2024 06:43am

Business & Finance

Higher gains on securities: UBL’s profit up 12% during Jan-March

United Bank Limited (UBL), one of the country’s largest commercial banks, posted consolidated earnings of Rs16.14...

Updated 17 Apr, 2024 02:41pm

BR Research

Favoured or just lucky?

When it comes to savings, the public sector loves to stick to their own kind. According to a review of annual...

Published 09 Apr, 2024 08:34am

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

Pakistan

Moody’s upgrades Pakistan’s banking sector outlook from negative to ‘stable’

Banks' profitability, stable funding and liquidity provide adequate buffer to withstand the country's macroeconomic challenges and political turmoil, says report

Updated 07 Mar, 2024 05:23pm

Pakistan

UBL conducts its 5th RACC meeting at SAU

HYDERABAD: Dr. Fateh Marri, Vice Chancellor of Sindh Agriculture University (SAU) Tandojam, emphasized the...

Published 29 Feb, 2024 04:41am

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

Mastercard extends partnership with UBL

KARACHI: Mastercard and UBL have renewed its strategic business partnership focused on the issuance of debit cards ...

Published 20 Jan, 2024 05:18am

Opinion

AI - the bank of tomorrow

It is 2030. Imagine walking down I.I. Chundrigar Road Karachi. Imagine what will you see? Imagine if banking becomes...

Updated 03 Jan, 2024 05:58am

Business & Finance

UBL leads in home remittance market in Pakistan

KARACHI: UBL wins ‘Highest Remittance Mobilizing Bank of Pakistan,’ with UBL Tezraftaar the No. 1 choice for...

Published 19 Dec, 2023 05:20am

Business & Finance

UBL wins PSX’s ‘Top Companies of the Year’ award

KARACHI: United Bank Limited (UBL) was presented with the Pakistan Stock Exchange’s (PSX) Top Companies of the...

Published 15 Dec, 2023 03:12am

Sports

UBL 10th Shah Rafi Alam Polo Cup commences today

LAHORE: The 10th Shah Rafi Alam Polo Cup 2023, sponsored by United Bank Limited (UBL), is set to commence today here...

Published 31 Oct, 2023 05:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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