United Bank Limited (UBL) was awarded 'Bank of the Year 2012 Pakistan' by the prestigious international publication 'The Banker' in a ceremony held at the Intercontinental Hotel, Park Lane, London, on November 28, 2012. UBL won the award for promoting industry-wide excellence in the global banking community - characteristics that The Banker advocates and rewards.

On conferring the award, The Banker congratulated UBL on the trust that clients have shown in the Bank through the recent financial crises and mentioned that this will serve the institution well in recovery. They also stated that the recognition of being named 'Bank of the Year 2012 Pakistan' by the world's longest running international banking title is testament to UBL's strong management, sound business model and prudent risk approach.-PR

Copyright Business Recorder, 2012