Karachi: United Bank Limited informed Karachi Stock Exchange about transaction of shares of the bank. Ms Shar Bano, Head of Contract Centre, Karachi UBL sold 2,000 shares of the bank @ Rs. 181.25 in the market on July 27, 2015 through Stock Broker. “United Bank Limited is incorporated in Pakistan and is engaged in the business of commercial banking and other related services. The foundations of the bank are developed under the Banking Companies Ordinance, 1962. The bank is responsible for accepting the deposits of money on current accounts and withdrawal by cheque, draft or order. The registered office of the bank is located at Islamabad. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The global depository receipts of the bank are on the list of the UK Listing Authority and the London Stock Exchange Professional Securities Market. The subsidiaries are located in Switzerland, UK and Tanzania. United Bank AG Zurich, UBL Funds Managers and United Executors and Trustees Company Limited are also the subsidiaries of the bank. The associate companies include UBL Insurers Limited and Oman United Exchange Company LLC. The products of the bank are UBL Click N Bank, UBL Tezraftaar, UBL Click N Remit, UBL Tezraftaar Account Services, NRP Direct and UBL Tezraftaar Pardes Card for the customers. The bank is also provides global remittance facilities to its customers. The symbol “UBL” is being used by the stock exchanges for the shares of United Bank Limited.

Karachi: Archroma Pakistan Limited informed Karachi Stock Exchange about postponement of Board of Directors meeting of the company within stipulated period of 30 days of 3rd Quarter, which ended June 30, 2015.The company has requested KSE for grant of ...

Islamabad, July 27, 2015 (PPI-OT):Federal Minister Planning, Development and Reforms has said that Pakistan needed ten thousands PHDs in next ten years to staff its colleges and universities and sought […]

Islamabad, July 29, 2015 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has issued Research Analyst Regulations, 2015, under the newly promulgated Securities Act, 2015. These regulations have been framed to regulate the area of investment recommendation/research analysis, address potential conflict of interest and to ensure impartiality of the reports/recommendations made by research analysts. ...

Karachi, July 29, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength (IFS) rating of Century Insurance Company Limited (CICL) at ‘A+’ (Single A Plus). Outlook on the assigned rating is ‘Stable’. Previous rating action was announced on June 24, 2014. CICL is a subsidiary of Lakson Group of Companies, which ...

Islamabad, July 29, 2015 (PPI-OT): High Commissioner of Brunei Darussalam H.E Dato Mahmud Saidin called on Speaker National Assembly Sardar Ayaz Sadiq in Parliament House, this afternoon. Referring to Brunei’s relations with Pakistan, the Speaker said that Pakistan attaches importance to its relations with Pakistan and wants to strengthen them through enhancing cooperation in diverse ...

Lahore, July 29, 2015 (PPI-OT):Recently launched in Pakistan, Huawei Y3 and Y5 have taken over the hearts of the customers throughout the country. These mobile phones are available on all the famous local mobile shops and the recent report has shown how the sale market of Huawei has sky-rocketed after the launch of these two ...