Ubank Tier 1 Microfinance Bank in Pakistan April 2020

UBank Microfinance is Tier # 1 Bank in Pakistan

PKR 800,000,000/- Tier # 2 into Tier # 1

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Ubank Tier 1 Microfinance Bank in Pakistan April 2020

Ubank Tier 1 Microfinance Bank in Pakistan April 2020

Pakistan Telecommunication Company Limited reaffirms its commitment to financial enablement and inclusion of Pakistani citizens and converts PKR 800,000,000 of the TIER 2 capital provided to U Microfinance Bank into TIER 1.

U Microfinance Bank Ltd. (U Bank) is a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL) — Etisalat Company. The bank has a network of more than 200 branches, across 160 cities and rural areas in Pakistan and offers a wide range of micro-finance loans, deposit products and branchless banking solutions.

051-111-282-265

www.ubank.com.pk

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