United Bank Limited (PSX: UBL) has credited new shares into the respective CDC accounts of former Silk Bank Limited (PSX: SBL ...

United Bank Limited (UBL) has issued 27.94 million new shares to former Silk Bank shareholders following their merger.

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

United 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 ...

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 ...

In November, UBL submitted an offer to Silkbank Limited for an amalgamation, aiming to merge Silkbank into UBL. Following this, Silkbank Limited’s BoD granted their in-principle approval for a merger ...

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. 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.