United Bank Company Description

United Bank Limited, togther with its subsidiaries, provides commercial banking and related services in Pakistan and the Middle East.

The company operates through seven segments: Corporate/Commercial Banking, Treasury, Branch Banking, Islamic Banking, International Branch Operations, Subsidiaries, and Others.

It offers current, savings, and term deposit accounts; insurance products; consumer loans; cards; ATMs and CDMs; wealth management solutions; digital solutions, including acquiring solutions.

netbanking, account discrepancy resolution, payment, digital cheque deposit, and voice command; mutual funds, such as regular income, savings, and retirement plans, as well as equities and advisory services; and remittance services.

The company also provides project, trade and working capital finance, import and export, factoring, leasing, lending, deposits and guarantees, mergers and acquisitions, and underwriting/arrangement of debt and equity instruments through syndications, initial public offerings, and private placements.

In addition, it engages in fixed income, equity, foreign exchange, credit, funding, own position securities, and lendings and borrowings and derivatives for hedging and market making; and Islamic banking windows in the conventional branches.

The company was founded in 1959 and is headquartered in Karachi, Pakistan. United Bank Limited operates as a subsidiary of Bestway International Holdings Limited.