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United Bank Limited

United Bank Limited

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Published by shani27
Internship report of United Bank Limited.
The Islamia University of Bahawalpur, Pakistan.
Internship report of United Bank Limited.
The Islamia University of Bahawalpur, Pakistan.

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Categories:Business/Law, Finance
Published by: shani27 on Jun 24, 2010
Copyright:Attribution Non-commercial

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06/15/2013

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EXECUTIVE SUMMARY
This internship report is actually is brief discussion of the functions, which are being performed at United Bank Limited. UBL was established in 1959 and is one of themajor commercial banks of Pakistan. The Bank is making every effort to meet the up-coming challenges through strategic planning and making the best use of theresources at its command. A professional team was appointed in mid 1997 torestructure the bank and to commence rightsizing. The management is also in the process of rationalizing the branch network and identifying and recovering itsdoubtful and classified portfolio. It has planned to institute major improvements incustomer services and internal systems to improve efficiency. It also intends to launchinnovative products. The bank is increasing resource mobilization through regular deposit campaigns and accelerating the process of recovery of outstanding advancesand non-performing assets.
UBL
has assets of over Rs. 190 billion, Shareholder's Equity of over Rs. 12 billionand a solid track record of 45 years - in addition to the convenience of over 1000 branches serving you throughout thecountryand also at several locations.
Internship report
1
 
COMPANY PROFILE
Company name
United Bank Limited
Ticker:
UBL
Exchanges:
KAR
2006 Sales:
40,902,000,000
Major Industry:
Financial
Sub Industry:
Commercial Banks
Country:
PAKISTAN
Employees:
9871
Internship report
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Date Established
November 7, 1959
Chairman
His Highness Shaikh Nahayan Mabarak Al Nahayan
Deputy chairman
Sir Mohammed Anwar Pervez OBE
President & CEO
Mr. Atif R. Bokhari
Branches
1056 Domestic, 15 Overseas Branches
Joint Venture with NBP
United National Bank Limited , U.K 
Representative Offices
Tehran and Cairo
Subsidiary
United Bank AG Zurich, Switzerland
Associated Company
Oman United Exchange Company, Muscat
Offshore Banking Unit
Export Processing Zone, EPZ Branch, Karachi, Pakistan
Internship report
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