# UBL United Bank Limited Pakistan

> Source: https://docs.barcoder.ai/docs/wallets/ubl-pakistan
> research date 2026-06-01 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [UBL — official](https://www.ubldigital.com/)

## Key details

- **Parent:** assets

## Overview

**UBL United Bank Limited Pakistan** is **PSX: UBL** + **Pakistani commercial bank** + **Bestway Group UK-Pakistani conglomerate ~61.5% controlling** + **one of Pakistan's largest commercial banks by assets** + **~10M+ Pakistani UBL customers** <sup>[1][1], [Pakistan report](https://docs.barcoder.ai/docs/payments/PK)</sup>.

## History

**Nov 7 1959 — United Bank Limited UBL founded by Agha Hasan Abedi as Pakistani commercial bank** distinctive Pakistani banking heritage.

**1974 — UBL nationalised by Pakistani government**.

**2002 — UBL privatised by Pakistani government + Bestway Group + Abu Dhabi Group ~51% acquisition consolidation**.

**2014 — UBL Digital mobile banking app launch**.

## Ownership & operator

**Operating entity**: **United Bank Limited UBL** (Pakistani commercial bank; PSX: UBL).

**Major shareholders**: **Bestway Group (UK-Pakistani conglomerate; Sir Anwar Pervez founder) ~61.5% controlling + Pakistani retail + institutional + foreign investors free float**.

**Regulators**: **SBP State Bank of Pakistan + national regulators across 9+ countries**.

## Technical integration

UBL Digital mobile app (iOS + Android; ~10M+ Pakistani UBL customers) + ubldigital.com online + UBL branch network across Pakistan + UK + UAE + Bahrain + Qatar + Tanzania + Switzerland + US + Yemen international branches + UBL Visa + Mastercard cards; PK IBAN + Raast + Pak-QR.

## Implementations & partners

**Major Pakistani banking + payments competitors**: [Habib Bank Limited (HBL)](https://docs.barcoder.ai/docs/wallets/habib-bank-pakistan) (HBL Habib Bank; PSX: HBL; Pakistan's largest commercial bank by assets) + [MCB Bank Pakistan](https://docs.barcoder.ai/docs/wallets/mcb-pakistan) (MCB Bank; PSX: MCB; Pakistani commercial bank) + [Allied Bank Limited Pakistan](https://docs.barcoder.ai/docs/wallets/allied-bank-pakistan) (Allied Bank Limited; PSX: ABL; Pakistani commercial bank) + [Meezan Bank](https://docs.barcoder.ai/docs/wallets/meezan-bank) (Meezan Bank; PSX: MEBL; Pakistan's largest Islamic bank by assets) + [Askari Bank](https://docs.barcoder.ai/docs/wallets/askari-bank) (Askari Bank Limited; PSX: AKBL; Pakistani commercial bank) + [Bank Alfalah (Alfa App)](https://docs.barcoder.ai/docs/wallets/bank-alfalah) (Bank Alfalah; PSX: BAFL; Pakistani commercial bank) + [Faysal Bank](https://docs.barcoder.ai/docs/wallets/faysal-bank) (Faysal Bank; PSX: FABL; Pakistani Islamic bank) + [Standard Chartered Pakistan](https://docs.barcoder.ai/docs/wallets/standard-chartered-pakistan) (Standard Chartered Pakistan; LSE: STAN + SEHK: 2888) + [Easypaisa](https://docs.barcoder.ai/docs/wallets/easypaisa) (Easypaisa; Telenor Pakistan + Ant Group JV mobile money + bank) + [JazzCash](https://docs.barcoder.ai/docs/wallets/jazzcash) (JazzCash; Mobilink/VEON Pakistani mobile money) + [SadaPay](https://docs.barcoder.ai/docs/wallets/sadapay) (SadaPay; Pakistani digital wallet) + [NayaPay](https://docs.barcoder.ai/docs/wallets/nayapay) (NayaPay; Pakistani digital wallet) + [Raast P2M QR](https://docs.barcoder.ai/docs/standards/raast-p2m-qr) (Raast Pakistan's national instant payment scheme).

**Regulators**: SBP State Bank of Pakistan + national regulators across 9+ countries.

## Status

**Active, PSX:UBL + Pakistani commercial bank + Bestway Group UK-Pakistani conglomerate ~61.5% controlling + one of Pakistan's largest commercial banks by assets + ~10M+ Pakistani UBL customers** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.ubldigital.com/ "UBL — official"
[2]: https://en.wikipedia.org/wiki/United_Bank_Limited_(Pakistan) "UBL — Wikipedia"
[pk-cro]: https://docs.barcoder.ai/docs/payments/PK

- [1] [UBL — official][1]
- [2] [UBL — Wikipedia][2]
- <sup>[Pakistan report](https://docs.barcoder.ai/docs/payments/PK)</sup> In-corpus: `reports/countries/PK-pakistan.md`

## Source

Biography extracted from [ubl-pakistan.md](https://docs.barcoder.ai/source/wallets/ubl-pakistan). See `matrix.md` for standards-support matrix if present.