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:
National Bank of Pakistan
sales of 145.91 billion Pakistan Rupees [US$1.39 billion]
of which 42%
was Commercial Banking),
MCB Bank Limited
(85.13 billion Pakistan Rupees [US$808.72 million]
of which 36%
was Retail & Consumer Banking), and
Habib Bank Limited
(168.04 billion Pakistan Rupees [US$1.60 billion]
of which 38%
During the year ended December of 2016, sales at
United Bank Limited were 126.85 billion Pakistan Rupees (US$1.21 billion).
increase of 4.6%
versus 2015, when the company's sales were 121.24 billion Pakistan Rupees.
This was the fifth consecutive year of sales increases at United Bank Limited
(and since 2011, sales have increased a total of 50%).
Sales of Trading and Sales saw an increase
that was more than double the company's growth rate: sales were up
24.7% in 2016, from
28.69 billion Pakistan Rupees to 35.78 billion Pakistan Rupees.
United Bank Limited also saw significant increases in sales in
Asset Management (up 10.8% to 1.11 billion Pakistan Rupees)
Corporate Finance (up 18.4% to 687.89 million Pakistan Rupees)
Not all segments of United Bank Limited experienced an increase in sales in 2016:
sales of Retail Banking fell 13.4% to 30.85 billion Pakistan Rupees.
United Bank Limited also experienced decreases in sales in
Others (down 5.8% to 2.05 billion Pakistan Rupees)