The State Bank of Pakistan (SBP) has officially sanctioned the amalgamation of Silk Bank Limited (SBL) with United Bank ...

The scheme of amalgamation of SBL with and into UBL has been sanctioned by the State Bank of Pakistan (SBP) through its ...

In November, UBL submitted an offer to Silk Bank Limited for an amalgamation, aiming to merge Silk Bank into UBL. Following ...

KARACHI: United Bank Ltd (UBL), one of the top five banks in the country, has acquired Silkbank Ltd (SBL), increasing its footprint substantially. The scheme of amalgamation of SBL with and into UBL ...

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.

Moody’s upgrades Pakistan’s banking outlook to positive, citing resilient financial performance and improving macroeconomic conditions.

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. The State ...

Silk Bank has officially merged into United Bank after SBP's approval, with a share swap ratio of 1:325, effective March 11, 2025.