Islamabad, Apr 7, 2025: United Bank Limited (UBL) has experienced an extraordinary growth, soaring from a market valuation of Rs. 100 billion to an impressive Rs. 600 billion (US$ 2.1 billion) within a span of just two years.
This remarkable expansion signifies a major transformation in Pakistan’s banking industry.
CEO of Topline Securities, Mohammed Sohail, pointed out in a social media update that UBL has now outstripped the total market value of the sector’s heavyweights, Habib Bank Limited (HBL) and MCB Bank Limited (MCB), marking a significant achievement in the country’s financial sector.
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On Friday, UBL’s stock closed at Rs. 482.18, reflecting an increase of 8.46%, or Rs. 37.59, with more than 5.855 million shares being traded.
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UBL, which operates as a subsidiary of Bestway International Holdings Limited, is part of the global Bestway Group Limited, reinforcing its stature and influence within the banking market.
