KARACHI: The United Bank Limited (UBL) has introduced a new auto financing scheme, branded as UBL Drive, aimed at making car ownership more accessible and affordable for its customers. This offer specifically targets the KIA Picanto 1.0 AT, allowing buyers to purchase the vehicle with low upfront payment and convenient monthly installments. The initiative is … Read more
The United Bank Limited (UBL) announced annual financial results on Wednesday. EPS was Rs25.8 for the year, and the company declared a bumper cash dividend of Rs9/share. Net interest income for CY22 clocked-in at Rs257.8 billion, up 69% YoY. KARACHI: The United Bank Limited (UBL) on Wednesday announced annual financial results, wherein the … Read more
KARACHI: The investment in registered prize bonds has surged over 140 per cent by December 31, 2021; following the drive of documentation initiated by the government. According to the official data released by the Central Directorate of National Savings (CDNS), the investment in registered or premium prize bonds sharply increased to Rs54.92 billion by the … Read more
KARACHI: The Morgan Stanley Capital International (MSCI) has added Pakistan in MSCI FM 100 and MSCI FM 15% country cap index, which could bring around $85 million inflows to the local stock market. Wajid Rizvi at JS Global Capital said that Pakistan would become a part of these indices in the upcoming MSCI Semi-Annual Index … Read more
KARACHI: United Bank Limited (UBL) has partnered with Visa to drive fintech enablement in Pakistan by becoming the first “Visa Ready BIN Sponsor” in the region, a statement said on Tuesday. This development is a first for the MENA (Middle East and North Africa) region, and third in the CEMEA (Central and Eastern Europe, the … Read more
KARACHI: Bank financing for housing and construction sharply increased 85 per cent, or Rs163 billion, to Rs355 billion in the financial year 2021, the State Bank of Pakistan (SBP) reported on Thursday. The total outstanding credit of banks for housing and construction stood at Rs192 billion in the preceding year. Within the housing and construction … Read more
KARACHI: The bearer prize bonds of high denomination will expire by the end of the current month but unregistered securities worth billions of rupees are still in circulation. The government has decided to withdraw the bearer bonds with denominations of Rs7,500, Rs15,000, Rs25,000 and Rs40,000 and set a deadline of December 31, 2021 to exchange … Read more
International Center of Chemical and Biological Sciences (ICCBS), University of Karachi here on Thursday announced admission open to its post graduate programs. According to the details, ICCBS has announced the admissions for its M.Phil and Ph.D programs -2020 and students can be enrolled for the new semesters now. [embedpost id=”50366″ slug=”theft-in-karachi-universitys-criminology-department”] ICCBS spokesman said, the … Read more
