United Bank Limited Pakistan

United Bank Limited (UBL) is one of the largest commercial banks in Pakistan having more than 1,000 branches inside the country. Its 15 branches outside the country are in the United States of America, Qatar, UAE, Bahrain, and Republic of Yemen. It also has representative offices in Tehran, Iran, and Almaty, Khazakstan. It owns subsidiaries in the UK (United National Bank Limited), and in Zurich, Switzerland.

History

Agha Hasan Abedi founded the bank in 1959. In 1971 the Government of Pakistan nationalized the bank. In 2002, the Government of Pakistan sold it in an open auction to a consortium of Abu Dhabi Group and Bestway Group.

In 2002 the bank merged its operations in the UK with those belonging to National Bank of Pakistan to form United National Bank Limited. United Bank owns 55% of the joint-venture and National Bank of Pakistan owning the remainder.

Atif Riaz Bokhari, President & CEO of UBL was brought by President General Musharraf from Bank of America. Atif is younger brother of General Asif Riaz Bukhari, a commando who is a close friend of General Musharraf.

Services

• Consumer Banking
• Commercial banking
• Corporate Banking
• Investment
• Treasury
• UBL Ameen Islamic Banking

Online banking

UBL’s state of the art online banking, customers are able to access their account from more than 900 branches located in 150 cities across Pakistan. Transactions such as Cash Deposit, Cheque Encashment, Stop Payment, Account Statement, Funds Transfer, Bill...
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