UBL Unveils Rs40bn Strategic Investment Plan

UBL unveils Rs40bn strategic investment plan

United Bank Limited (UBL), one of Pakistan’s largest commercial banks, has approved strategic investments worth up to Rs40 billion across agriculture, microfinance and higher education. The bank disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Wednesday. As noted in the notice, the UBL Board of Directors has approved the establishment of a private limited company as a subsidiary in which UBL will hold a majority stak…

UBL Profit Rises 33% in 1H As Deposits Hit Record Rs. 6.1 Trillion

United Bank Limited (PSX: UBL) reported a consolidated profit after tax (PAT) of Rs. 85.9 billion (EPS: Rs. 34.3) in the first half of 2026, up 33 percent year-on-year (YoY) as deposits surged to an all-time high of Rs. 6.1 trillion. PAT came in at Rs. 37.5 billion (EPS: Rs. 14.97) in the second quarter of 2026, up 31 percent YoY but down 23 percent quarter-on-quarter (QoQ). The bank’s non-interest income jumped 123 percent YoY to Rs. 73.8 billi…