United Bank Limited (UBL): AGM Notes 2023 – By Sherman Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">United Bank Limited (UBL) held its Annual General Meeting today wherein management discussed financial result of CY23.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">UBL&rsquo;s Management is focused on growth of low-cost current accounts. To achieve this, the bank plans to increase the branch network by adding new branches in CY24.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">On Islamic banking side, bank will add 500 Islamic banking windows in the existing branches and add new Islamic branches. Additionally, the bank has strategically recruited top management talent from established Islamic banks to expand its Islamic banking operations.</span>...