has approved the amalgamation of Silk Bank Limited (SILK) with and into United Bank Limited (UBL). UBL, one of the country’s largest commercial banks, and SILK disclosed the development in their ...
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UBL completes acquisition of Silkbank, expands leadership in Pak banking sectorUnited Bank Limited (UBL) has announced the successful amalgamation of Silkbank Limited (SBL) with and into UBL, that has come into effect from 11th March 2025, marking a pivotal step in its journey ...
United Bank Limited (UBL), one of Pakistan’s largest commercial banks, posted consolidated earnings of a massive Rs75.78 billion during the year ending December 31, 2024, up over 34% from the ...
The State Bank of Pakistan (SBP) has approved the merger of Silk Bank Limited into United Bank Limited (UBL). This amalgamation will take effect on March 11, 2025.
KARACHI - In a significant development in Pakistan’s banking sector, United Bank Limited (UBL) has successfully amalgamated with Silkbank Limited (SBL), as per an announcement made today.
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