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Thread: Review on United Bank Limited

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    Default Review on United Bank Limited

    United Bank Limited is a Pakistani multinational commercial bank which is a subsidiary of British company Bestway Group. It is based in Karachi, Pakistan. It is one of the largest banks in the Pakistani private sector, with over 1,400 branches across Pakistan, 19 branches overseas, and a customer base exceeding 4 million.
    The bank has an asset base in excess of $15 billion, a global workforce of almost 13,000 people and a diversified client base covering a broad spectrum of segments and industries across the globe. UBL provides services in wholesale and retail banking through its network of branches and presence across 12 countries in four continents including the UAE, Bahrain, Qatar, Yemen, UK, Switzerland, China, Oman, US, Tanzania, Iran and Pakistan.
    UBL POS terminals

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    United Bank Limited in an effort to increase its outreach in the market of Pakistan has done contract with Access Group to activate DigitalPass POS terminals. DigitalPass is the part of Access Group and has a presence in over 200 cities and towns of the country serving the needs of different merchants. As per this contract, UBL will be provided provision of POS terminals by Access Group to relatively boost the presence of banking activities. It will also help in enhancing the banks outreach in terms of POS terminal based Network.Being the largest bank in the private sector, UBL has over 1,390 branches nationwide and 18 branches outside Pakistan. It has a customer base of more than 4 million, leading the financial and banking services in the country

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    Awards and honors

    UBL was adjudged Best Bank 2016 at the first Pakistan Banking Awards[6] held under the auspices of the Institute of Bankers Pakistan. The Best Bank category recognizes a bank that has demonstrated the most significant contribution to national development and the most effective management of its resources including its employees, clients, franchise, community, and financials.Also in 2016, JCR-VIS Credit Rating Company Limited (JCR-VIS) has upgraded the entity ratings of United Bank Limited (UBL) to AAA/A-1+ (Triple A/A-One Plus).[7] The year also saw the UBL Facebook page exceeding 1 Million likes,[8] making it the first Pakistani bank to cross a million fans on Facebook. The achievement reinforces its reputation as a Progressive and Innovative bank.

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    This post is sponsored by a content payout program available to anyone to participate.
    It is the multinational commercial bank into the Pakistan. It is subsidiary of british company best way group.
    It is situated in to the Karachi and it is the one of the best and largest bank in to the Karachi which is holding at the private sector.
    It has near about 1500 branches and some different kind of branches which are present in over the areas and it has 4 to 5 million customer.
    It has specific kind of acids which are 15 billion to $20.
    This Bank providing the different kind of workplace services for different kind of people.
    Government of Pakistan sold its percent of world share into this. It was shutting down into the New York for non viable operation.
    It has different kind of network branches all over the world.

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    Its branches are situated into the UK , BEHRAIN TANZANIA, PAKISTAN,.

    ADVANTAGES:_

    1. How to provide the different kind of product on commercial bank Service private bank service and Asset Management and corporate banking.
    2. It provides the online banking facilities to all kind of people in all world.
    3.it is having profit at 10.9 billions.

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    4. It has different kind of loan facilities to all kind of people in all the world will specific kind of interest rate.
    5. It provides the Supplementary cards that are called as debit card credit card and ATM card.
    6. it has 24 hour Customer services.
    7. Free travel insurance accident services.
    8. provide the E statement.
    9. Provide the security to the loan.
    10. Zero loss liability is done by this kind of Banking into the world.

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    DISADVANTAGES:_
    There is no ya disadvantage about this kind of bank because it is working very well at different kind of sector.

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