Posts tagged as: UBL

Government to offload remainder of UBL Shares

UBL

The CCOP (Cabinet Committee on Privatization) has agreed to sell-off the remaining 20% shares of UBL held by the government. This would be the first privatization deal to be made for nearly a decade. This decision was made following the sanctions made by the International Monetary Fund (IMF), following their approval of the $6.7 Billion […]

Pakistan, China to pursue $14 billion projects in five-year plan

Pakistan and China have identified 36 projects worth US$ 14 billion which cover education, healthcare, water conservancy, agriculture, transport, energy, and environment in a five-year plan, Pakistan ambassador in Beijing said Friday.   Ambassador, Masood Khalid, said this while addressing a select group of prominent Chinese entrepreneurs at the Pakistan Embassy.   He said a […]

An open Letter to United Bank Limited (UBL): By Hammad Siddiqui

I was a UBL Gold Card holder with excellent credit history but I didn’t know before that commercial banks in Pakistan can literally threat you, let alone the misbehaving part.   My reason for keeping a credit card is avoiding carrying cash. Having used UBL card for few years, I saw a sharp decline in […]

National Bank’s profit soars up by Rs4.65 billon

National Bank’s profit soars up by Rs4.65 billon Saturday, April 28, 2012: National Bank of Pakistan registered an increase in profits during the first quarter of 2012. Due to drop in drop in bad loans and increase in non-interest income the bank has bagged an additional profit of Rs4.65 billion ( or 14%). Net reversal […]

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