Профиль United Bank Ltd (spons. GDR)
United Bank Ltd. provides commercial banking and related services. The company engages in commercial banking, asset management, investment advisory and investments business. It operates through the following segments: Corporate & Commercial Banking, Treasury, Branch Banking, Islamic Banking, International Branch Operations, and Others. The Corporate & Commercial Banking segment includes project, trade and working capital finance, import and export, factoring, leasing, lending, deposits and guarantees. The Treasury segment includes fixed income, equity, foreign exchange, credit, funding, own position securities, lending and borrowings and derivatives for hedging and market making. The Branch Banking segment includes deposits, lending and banking services to private individuals and small businesses including credit cards and branchless banking. The Islamic Banking segment represents branch operations of Islamic banking window of the Bank. The International Branch Operations segment represents Bank's operations in 5 countries including two branches in export processing zones in Karachi and Sialkot. The Others segment includes functions which cannot be classified in any of the above segments. The company was founded on November 7, 1959 and is headquartered in Karachi, Pakistan.