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United Bank Limited (UBL) is a Pakistani commercial bank headquartered in Karachi. [2] It is a subsidiary of British multinational conglomerate, Bestway Group . It is listed on the Pakistan Stock Exchange and it has been designated as a domestic systemically important bank (D-SIB) by the State Bank of Pakistan .
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As a result, NBP and United Bank Limited merged their UK operations to form Pakistan International Bank, with NBP holding a 45% stake and United Bank owning 55%. In 2002, Pakistan International Bank was renamed United National Bank Limited (UNB), maintaining the same ownership structure.
United Bank Limited: United Bank Limited is the third largest bank in Pakistan and has over 1,400 branches in Pakistan, a significant presence throughout the Middle East and representative offices in Beijing and Kazakhstan. 61.48% Well Pharmacy: Well Pharmacy is the UK's third-largest pharmacy chain and is based in Manchester. 100%
The acronym UBL can also mean: Usama bin Ladin (1957–2011), Saudi-born militant and founder of al-Qaeda; Hubli Junction railway station, station code: UBL; Ulster Bank Limited, a retail banking subsidiary of NatWest Group; Ultimate Band List; United Bank Limited; Unilever Bangladesh Limited; United Basketball League
Unlike some other major economies, the UK does not have a major stratum of independent local banks. The number of independent banks shrank further during 2008: Northern Rock was nationalised by the UK Government (and is now owned by Virgin Money ), followed by Bradford & Bingley ; Alliance & Leicester was acquired by Santander , who merged it ...
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