united bank limited
TRANSCRIPT
AssignmentOf
Financial Regularity Institutions
Bank Name:
United Bank Limited
Submitted to:Sir Frasat Ali Shehzad
Submitted by:Muhammad Jamil BCM-09-13Bs Commerce 6th
Department of Commerce Bahauddin Zakariya University Multan
UNITED BANK LIMITED
Introduction
United Bank Limited was established on 7 November 1959. The first president of the UBL was Mr. I. I. Chundrigar. Most of the branches of Union Bank Ltd. were merged into UBL to work as UBL’s subsidiary .The head office was at Dhaka.
United Bank Limited is one of the largest commercial bank in the country. With almost forty six years of good standing to its valued clients, UBL has stood the test of time, producing assets of over Rs. 300 billion. UBL has assets of over Rs. 300 billion and a solid track record of forty six years - in addition to the convenience of over 1056 branches serving you throughout the country and also at several overseas UBL offer its services through a wide network of over 1056 domestic all over Pakistan and 15 overseas branches as part of global network.
United bank was established in June 1959 and the company was registered on July 24, 1959. United Bank Limited started the operations on 7 November 1959 with its first branch namely McLeod Road now I.I Chunrigar Road at Karachi. On 9th November 1959 the Gazette of Pakistan notified and included UBL in its list of scheduled banks operating in Pakistan. Today UBL has 1100+ Domestic and 15 Overseas Branches.
The Bank continued its operations as private banking company until 31st December 1973 when it was nationalized along with other banks operating in the country and other two Banks namely Pak Bank of former East Pakistan and Commerce Bank Limited were merged with UBL.
On October 19th 2002, biggest event occurred in the history of UBL, when it was privatized. The government handed over the management of United Bank Limited, the third largest bank of the country, to the successful bidder - Consortium Of Abu Dhabi Group (UAE) & Best way Holding Limited (UK). The sale agreement for the transfer of 51% shares was signed by Privatization Minister Altaf M. Saleem and Bestway Holding, Sheikh Nahayan Mubarak Al Nahayan at a ceremony. This event was declared as a “New Journey For UBL”.
On May 18th 2004, Atif Bokhari took over the charge as new Chief Executive Officer of United Bank Ltd from Amar Zafar Khan, who served UBL for more than
seven years. In the view of highly impressive growth and development achieved during its 46 years of experience, UBL has come to be accepted as one of the most progressive and dynamic components of the banking industry in Pakistan.
Name United bank limitedLogo
Slogan Where you come firstHead Office Address 8th floor state life building No 1, I. I chandriger road
KarachiPhone No. 021-32413492
Email [email protected] www.ubl.com
President Atif R. bokhariCommencement Date November 7, 1959
Closing/ Merger/
Acquisition Date
Branches of Union Bank merged in UBL
Stock Exchange Listing/ 100 Index/
Share Value
Opening 86.40, Current 88.30, change increase 1.90.
Total Branches 1100 plus dometic & 15 oversesa branchesInternational Branch
Setupyes
Branch Network
Overseas Branches
United States of America
United Kingdom
Qatar
UAE
Bahrain
Republic of Yemen
Zurich
Branches in Pakistan
Lahore north Karachi east
Lahore East 25 Karachi North 27
Lahore West Region Karachi South Region
Lahore West 24 Karachi South 31
Faisalabad Region Karachi Central Region
Faisalabd 19 Karachi Central 18
Gujranwala Region Hyderabad Region
Gujranwala
08 Hyderabad 11
Islamabad Region Rawalpindi Region
Islamabad 21 Rawalpindi 20
Sargodha Region Quetta Region
Sargodha 15 Quetta 08
Peshawar Region Bahawalpur Region
Peshawar 20 Bahawalpur 05
Mardan Region Multan Region
Mardan 13 Multan 24
PRESIDENT
EXECUTIVE VICE PRESIDENT
VICE PRESIDENT
ASSISTANT VICE PRESIDENT
OFFICER GRADE I
OFFICER GRADE 2
OFFICER GRADE 3
MESSENGER
PEON
SWEEPER
BR
AN
CH
HIE
RA
RC
HY
SENIOR VICE PRESIDENT
MEMBER BOARD
SENIOR EXECTIVE VICE-PRESIDENT
Sahiwal Region Jehlum Region
Sahiwal 14 Jehlum 16
Hirarchy Of UBL Bank
Executive Committee
UBL Bank Services
UBL Bank provide many type of services ton its customers
Mr. Atif R. Bokhari President and C.E.O .
Mr. Nauman Hussain Group Operations &Technology Head
Mr. M.A. Mannan
Group ExecutiveConsumer/Commercial Bank
Mr. Mohammad Asghar
Group Commercial Bank Head
Mr. Risha Mohyeddin
Group Executive Treasury &
Capital Markets
Mr. Aameer Karachiwalla Group CFO
Mr. Tariq MoharGroup BusinessSupport / Collections Head
Mr. Muhammad EjazuddinGroup Audit &Inspection HeadMr. Ayaz H. Shamsi
Group ExecutiveHuman Resource
Mr. Ali Sameer Group Head SAM
Consumer Banking
Corporate Services
Other services
Consumer BankingYou as an individual can gain and benefit the most through UBL Consumer Banking. In UBL you get friendly, efficient and attentive personalized banking services - a unique banking relationship experienced by each UBL client. You can utilize the following services.
UBL AddressOwning a house of your very own is a cherished dream. A lot of planning and hard work is involved in making this dream come true. That is why, at UBL we aim to make your decision easier, by offering you the right ingredients that can help you realize your dream with absolute convenience.UBL Address empowers you to become the proud owner of a home by offering a variety of product and pricing options that are flexible yet affordable. So choose the best product option and pricing to suit your needs. All product options are amortized and range over a tenor of 3-20 years.
Buying a homeWhy rent when you can buy? Buying a home of your choice has never been so easy.With a maximum financing limit of 80% you can easily buy a house or apartment that best fits your requirements. So go ahead and start the search for your dream home because with easy and affordable installments you need not think of renting a house when you have hot UBL Address.
UBL Business LineUBL Businesslin a complete solution to all your Business Financing needs. With UBL Business Financing facility, you can now take your business to greater and newer heights, and achieve the level of success that you truly deserve. UBL Businessline is a running Finance facility that not only provides funds for growth but also enables you to capitalize on profitable opportunities.
UBL Cash lineUBL Cashline is a flexible loan that provides you cash up to Rs.500,000 without any security requirements. It empowers you to take control of your finance. UBL
Cashline is aimed to make your life easier…ZINDAGEE ASAAN. Whether you are a salaried individual or a businessman, UBL Cash line takes care of your cash requirements.
UBL Credit CardWelcome to the world of UBL Credit Cards the most exciting and vibrant credit card brand in Pakistan. We offer you a range of innovative and exciting cards that is not only powered by the security of chip but also enable you to personalize it any way you want…
UBL DriveAccelerate your life; Drive the way that suits you! UBL Drive is a unique auto financing product which offers you features, option and flexibility unmatched by any other bank, because at UBL, You come firs t.
New Car Financing UBL Drive allows you to drive away in your own car by making a down payment of just 15% and to top that with low monthly installments.
Used Car Financing With UBL Drive you can buy favorite used car (up to 5 years old) at the most affordable rates.
Cash Your Car UBL Drive is not a car loan; it’s financing facility that gives you Cash on your car, you can get up to 75% of your car value.
UBL MoneyUBL money, the personal installment loan from UBL provides you with power, Control convenience and the flexibility to manage your financial requirements and realize on your dreams. It’s about buying new furniture or marriage expenses, financing the education of your child or enjoying vacations abroad! UBL Money caters your needs handsomely. You can borrow any sum between 50,000 to 500,000 (PKR) and payoff up till 5 years. We know what you need at what time. Just give us the opportunity and let us serve you best.
Corporate ServicesInvestment and Saving Accounts:At UBL, we offer you the most beneficial and secured financial investment and saving options. You can choose from the following list of accounts anything that serve your needs best.
UBL Basic Banking AccountExempted from Minimum Balance charges, UBL BBA holders can carry out two deposits and two withdrawals each month as per the bank policy. Through 24hrs ATM services, they can carry out transactions as and when desired, staying in the daily withdrawal limit.
UBL Business Partner (Current Account)For our regular customers, we offer the ultimate option, UBL Business Partner (Current Account). With unlimited deposits and withdrawals, we offer you convenience of UBL netbanking, UBL Wallet, UBL Orion and other exciting consumer products. Customers are liable to maintain minimum balance of Rs. 10000 to avoid the minimum balance charges until and unless they are exempted from it. Remember! We are not just a business
Other Services
UBL Net Banking:UBL Net Banking is an internet banking portal offering a simple, convenient and secure method of accessing bank accounts on the internet. Its never being so easy to access and manage your finances in a secure real-time, online environment
UBL e-statement:UBL is pleased to announce the launch of the UBL e-statement facility which it easier for you to get your statement of accounts and automated transactional debit/credit alerts right into you inbox.
Hamrah:UBL has always been adding the forefront in identifying and meeting the financial needs of its valued customers. UBL was a pioneers an introducing Rupee Travelers
Cheque facility in Pakistan, as early as 1971. In continuation of the same tradition, UBL in the shape of, “HAMRAH” Rupee Travelers Cheque enhances this facility for the convenience of its valued customers by offering denomination up to Rupees 10,000.UBL has a 24 hours customer’s help-line, providing its customers with round the clock tele-verification of HAMRAH Rupee Travelers Cheques.
UBL Wallet:UBL Wallet VISA as your debit card, you can shop all you want, eat all you can or fill up car tank without carrying any cash.