A Review On UBL (United Bank Limited)

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A Review On UBL (United Bank Limited)

Introduction:

United Bank Limited is a Pakistani multinational commercial bank which is a subsidiary of British company Bestway Group. It is based in Karachi, Pakistan. UBL Bank is founded in November 7, 1959. CEO of this bank is Sima Kamil. The Headquarters of this Bank is located in karachi. The founder of this great bank is Agha Hasan Abedi.


Products and Features they offers:

They have Different types of Account:

UBL Business Partner
UBL Basic Banking Account
UBL Asaan Account
UBL FCY UniFlex Account
UBL Regular Term Deposit Receipts
UBL Mahana Aamdani Savings Account
UBL Mahana Aamdani Term Deposi
UBL First Minor Savings Account
UBL Mukammal Current Account
UBL Savings Account
UBL Zindagi Account
UBL UniZar Foreign Currency Savings Account
UBL UniZar Foreign Currency Current Account
UBL UniZar Foreign Currency Term Deposits Receipt

In Banking They offers:

SME Products & Services
Corporate Banking
Signature Banking
Rural Banking
Investment Banking
UBL Ameen - Islamic Banking
Omni - Branchless Banking
Transaction Banking
Treasury & Capital Market

In Loan Section they have:

Consumer Loans
Card Products


In Insurance Section they have:

Insurance
UBL BetterLife Bancassurance
Other Insurance Products

Mutual Funds Section:

Regular Income Plans
Saving Plans
Retirement Plans
Invest in Equities
Advisory Services
Reduce your Taxes
UBL Funds Online

UBL Digital Section have:

Digital Account Opening
UBL Digital App
UBL Digital POD
UBL Netbanking
UBL Go Green Product
International Bank Account Number (IBAN)


Overall the bank is great and offer very good services to its clients.

A Review On United Bank Limited

Ubl bank is the most popular bank in Pakistan which have over 1400 branches in Pakistan

United Bank Limited (UBL) leads the banking and financial services sector in Pakistan. With a customer base of over 4 million, the Bank boasts Pakistan’s widest network of over 44,000 customer touch points; this includes more than 1,400 branches, above 37,000 Omni Agents and over 1,400 ATMs. UBL has presence in four continents. The Bank is a pioneer in branch less banking with its UBL Omni platform. Customers across the world have 24/7 access to the bank via UBL’s world class Internet Banking. UBL was declared Pakistan’s ‘Best Bank for Corporate Finance & Capital Market Development’ at the Pakistan Banking Awards 2017.

Commercial banks are banks that carry out business activities conventionally or based on sharia principles, which in their activities provide services in payment traffic. Basically, the function of a bank is as a financial intermediary institution. Funds in the community (surplus units) are collected and then distributed to communities (individuals and companies) in need (deficit units). Here, the bank acts as a financial institution whose function is to connect parties that have excess funds (surplus units) with those who need funds (deficit units).

Banks are financial institutions that are very important in the economy. In general, a bank is defined as a financial institution whose main business is to collect funds and distribute them to the public in the form of credit and provide services in payment traffic and money circulation. a bank is a financial institution that collects funds from the public in the form of deposits and distributes them in the form of loans (credit) and or other forms, with the aim of increasing the standard of living of many people.

Ubl bank is the most papular bank in pakistan which have over1400 branches in paksitan

United Bank Limited (UBL) leads the banking and financial services sector in Pakistan. With a customer base of over 4 million, the Bank boasts Pakistan’s widest network of over 44,000 customer touchpoints; this includes more than 1,400 branches, above 37,000 Omni Agents and over 1,400 ATMs. UBL has presence in four continents. The Bank is a pioneer in branchless banking with its UBL Omni platform. Customers across the world have 24/7 access to the bank via UBL’s world class Internet Banking. UBL was declared Pakistan’s ‘Best Bank for Corporate Finance & Capital Market Development’ at the Pakistan Banking Awards 2017.

A bank is a financial institution where customers can save or borrow money.

United Bank Limited (UBL) leads the banking and financial services sector in Pakistan. With a customer base of over 4 million, the Bank boasts Pakistan’s widest network of over 40,000 customer touch points; this includes more than 1,400 branches, above 37,000 Omni Agents and over 1,400 ATMs. UBL has presence in four continents. The Bank is a pioneer in branch less banking with its UBL Omni platform. Customers across the world have 24/7 access to the bank via UBL’s world class Internet Banking. UBL was declared Pakistan’s ‘Best Bank for Corporate Finance & Capital Market Development’ at the Pakistan Banking Awards 2017.

Basically, there are three principles that must be considered by banks, namely:
- Liquidity is the principle by which a bank must be able to fulfill its obligations.
- Solvency is the ability to meet financial obligations if the company is liquidated. A solvable bank is a bank that is able to guarantee all of its debts.
- Profitability is the ability of a company to generate profits for a certain period.
In general, it can be concluded that in carrying out its business activities, every bank is obliged to adhere to sound banking principles, comply with applicable regulations, and avoid practices that may endanger the survival of the bank or harm the interests of the public.
The bank must provide information regarding the depositing customer and their deposits to the party appointed by the depositing customer or with the approval or power of the depositing customer.

UBL means United Bank of Limit ya aik fast trainston bank hy jo online banking ma bi fast hy our minto ma rakham send our recive kr data hy bank account bi intahi safely hy our na hi koi azafi charger hain is lia Ubl bank is the best of world.

BankIslami Pakistan

Introduction

BankIslami Pakistan Limited is a Pakistani Islamic bank based in Karachi, Pakistan. It has 340 branches in 114 cities of Pakistan.It was the first Islamic commercial bank to receive the Islamic banking license under the Islamic banking policy of 2003 from State Bank of Pakistan on March 31, 2005. The bank started its operations from 7 April 2006 and offers shariah compliant retail banking, investment bankingThe bank has a nationwide presence, its branch network consists of 213 branches and sub branches spread over 80 cities of Pakistan. With the amalgamation of KASB on May 7, 2015, all 104 branches of KASB have become part of BankIslami’s branch network. BankIslami is now the 11th largest banking network in the country with 317 branches in 93 cities nationwide.

Accreditation by State Bank of Pakistan

The State Bank of Pakistan issued a No Objection Certificate on 19 August 2004 and BankIslami Pakistan Limited, the second full-fledged Islamic commercial bank in Pakistan, was incorporated on 18 October 2004 in Pakistan.
BankIslami Pakistan Limited was the first bank to receive the Islamic banking license under the Islamic banking policy of 2003 on 31 March 2005

Initial public offering of BankIslami

BankIslami Pakistan Limited made a public offering of Rs. 400 million, at par, from 6 to 8 March 2006. This was the first primary issue by a bank in over a decade in Pakistan. The initial public offering (IPO) of BankIslami received overwhelming response from the general public

inauguration and network expansion

The State Bank of Pakistan declared BankIslami Pakistan Limited as a Scheduled Bank with effect from 17 March 2006. BankIslami started its banking operations on 7 April 2006 with its first branch in SITE, Karachi. By the end of 2006, the bank had 10 branches, nine in Karachi and one in Quetta. The bank further concentrated in building a nationwide network and by the end of 2007, its branch network grew to 36 branches in 23 cities. In 2008, the bank opened 66 new branches nationwide

UBl Bank lamited (United Bank Lamited )
Ya bank aik fast online Banking ki saholat data hy ya aik Busins partner Bank hy our is k bank Account bi Asan hy is ma digtal curncy bi majood hy jo aik bank sy dusry bank asani sy rakham bager azafi cheger k muntaqil kr data hy our har taraha ki tarnzation krta hy atm bi 24/7 Availabe hy iaa best bank of develpement awad 2017 Bi mila hy .. This is the best bank ....

United Bank limited bahut hi jabardast Bank hai yah duri duniya mein hai aur hajra jagah per iski branches hai inmein aap kahin se bhi Paisa daal de sakte ho aur nikal bhi sakte ho main to aapko yahi bataunga ki aapko agar apna Paisa message karna hai to United Bank limited ke sath kam Karen mein khud United Bank ka ek customer hun aur mujhko iski services bahut acchi lagi hai mujhko ATM bilkul free mila hai aur sath mein checkbook bhi ATM ki koi fees nahin hai aur Na main abhi tak de hi Nara ATM banwane ki aur naahi ATM se withdrawal karvane ki main aap sabko bhi yahi mashvara dunga ki aapane agar apna account khulwana hai tu u b l mein khulvayen kyunki United Bank limited sabse achcha Bank hai yah aapko services bhi bahut acchi provide karta hai aur aapki services bahut secure aur mein ful hoti hai