United Bank Limited (UBL) as one of the Mandated Lead Advisors & Arrangers, has successfully led Pakistan’s largest private sector syndicated Islamic financing to date, totaling PKR 133 billion. The financing was extended to Deodar (Private) Limited and Engro Connect (Private) Limited, with UBL also acting as Facility Agent, Security Agent and Accounts Bank. The […]
united bank limited
Silk bank merges with united bank limited: SBP approves amalgamation
The State Bank of Pakistan (SBP) has approved the merger of Silk Bank Limited into United Bank Limited (UBL). This amalgamation will take effect on March 11, 2025. Both banks shared the news through separate notices to the Pakistan Stock Exchange on Tuesday. According to UBL’s notice, the merger is sanctioned under Section 48 of […]