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UBL Financial Results Q3 2011 Summary by Yasir Sheikh is a document available to read on EtoBox.

United Bank Limited reported strong financial results for the nine months ended September 30, 2011. Net profit after tax increased 36% to Rs 11.0 billion compared to the same period last year, driven by an 18% increase in net interest income to Rs 29.6 billion from balance sheet growth and improved margins. Non-interest income also rose 23% due to higher treasury income. The bank continued to improve its cost efficiency while expanding its network and implementing a new core banking system. Macroeconomic co

Author

Yasir Sheikh

Language

EN