United Bank : Financial Results for the Quarter Ended 31 March 2024
April 17, 2024 at 03:08 am EDT
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Secretary's Department
UBL/BOD‐249/PSX/Results/24
17 April 2024
The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building,
Stock Exchange Road,
Karachi.
Dear Sir,
Financial Results for the 1stQuarter Ended 31 March 2024
We have to inform you that the Board of Directors of United Bank Limited ("UBL") in their 249th meeting held on Wednesday, 17 April 2024 at Islamabad at 10:00 a.m. inter‐alia approved the following:
CASH DIVIDEND
An Interim Cash Dividend for the quarter ended 31 March 2024 at Rs.11/‐ per share i.e. 110%.
BONUS SHARES
NIL ‐‐‐
RIGHT SHARES
NIL ‐‐‐
ANY OTHER ENTITLEMENT / CORPORATE ACTION
NIL ‐‐‐
ANY OTHER PRICE‐SENSITIVE INFORMATION
NIL ‐‐‐
The financial results of UBL are attached at Annexure "A" for Un‐Consolidated Accounts and Annexure "B" for Consolidated Accounts of the said period.
The above entitlement will be paid to the shareholders whose names will appear in the Register of Members (with their IBAN details) on Friday, 26 April 2024.
The Share Transfer Books of UBL will remain closed from 29 April 2024 to 01 May 2024(both days inclusive). Transfers received at the office of our Share Registrar, M/s. THK Associates (Pvt.) Limited, Plot No. 32-C, Jami Commercial Street-2 D.H.A. Phase-VIIKarachi-75400 at the close of business on Friday, 26 April 2024will be treated in time for the purpose of above entitlement to the transferees.
The accounts / report of the Bank for the 1st Quarter ended 31 March 2024 will be transmitted through PUCARS separately, within stipulated time.
Yours faithfully,
Aqeel Ahmed Nasir
Company Secretary &
Chief Legal Counsel
to:
London Stock Exchange.
The Commissioner, Enforcement & Monitoring Division, Securities and Exchange Commission of Pakistan, NIC Building, Jinnah Avenue, Islamabad.
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17 April 2024 and is solely responsible for the information contained therein. Distributed by
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United Bank Limited (the Bank) is engaged in commercial banking and related services. Its segments include Corporate / Commercial Banking, Treasury, Branch Banking, Islamic Banking, International Branch Operations, and Others. The Corporate/Commercial Banking segment include project, trade and working capital finance, import and export, factoring, leasing, lending, deposits and guarantees. The Treasury segment include fixed income, equity, foreign exchange, credit, funding, own position securities, lending and borrowings and derivatives. The Branch Banking include deposits, lending and banking services to private individuals and small businesses including credit cards and branchless banking. The Islamic Banking segment represents Islamic Banking branches and Islamic banking windows in the conventional branches of the Bank. The International Branch segment represents Bank's operations in overseas locations including one branch each in export processing zones in Karachi and Sialkot.
UNITED BANK LIMITED 
