United Bank Limited operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares United Bank Limited with three other
companies in this sector in Pakistan:
MCB Bank Limited
sales of 94.32 billion Pakistan Rupees [US$762.10 million]
of which 39%
was Retail & Consumer Banking),
Habib Bank Limited
(178.28 billion Pakistan Rupees [US$1.44 billion]
of which 35%
was Treasury), and
National Bank of Pakistan
(155.92 billion Pakistan Rupees [US$1.26 billion]
of which 38%
was Commercial Banking).
During the year ended December of 2017, sales at
United Bank Limited were 134.82 billion Pakistan Rupees (US$1.09 billion).
increase of 6.3%
versus 2016, when the company's sales were 126.85 billion Pakistan Rupees.
This was the fifth consecutive year of sales increases at United Bank Limited
(and since 2012, sales have increased a total of 46%).
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
21.6% in 2017, from
2.05 billion Pakistan Rupees to 2.49 billion Pakistan Rupees.
United Bank Limited also saw significant increases in sales in
Retail Banking (up 9.5% to 33.77 billion Pakistan Rupees)
Asset Management (up 14.7% to 1.27 billion Pakistan Rupees)
Not all segments of United Bank Limited experienced an increase in sales in 2017:
sales of Trading and Sales fell 17.2% to 29.62 billion Pakistan Rupees.