UBL partners with Saylani Trust for nation-wide ration distribution project

Share
KARACHI - UBL recently joined hands with Saylani Welfare International Trust, a reputable charitable organization, to distribute Ration Bags to needy families across Pakistan.
The Bank donated PKR 25 million to the Trust for the distribution of ration bags in 15 cities across Pakistan to families most affected by the lockdown situation under the Covid-19 pandemic.
Ms. Sima Kamil, President & CEO UBL said “Ramzan is a month of giving. We are humbled to be able to leverage our resources beyond providing uninterrupted financial services and reaching out to those most-affected during these testing times. We hope this contribution makes a positive difference in their lives.”
On April 23, the bank showed a profit after tax increased to Rs4.87 billion in the quarter ending March 2020, as compared to the Rs4.0 billion in the corresponding period last year, showing a growth of 21pc year-on-year.
However, when compared to the fourth quarter of 2019, profit after tax stayed practically stagnant, also at Rs4.87 billion.
The bank also announced an interim cash dividend of Rs 2.50 per share. However, Taurus Securities noted that this announcement followed yesterday’s SBP circular calling for banks to suspend dividend payouts for March and June quarters.
- #K2Winter2021 – Pakistan congratulates Nepali Sherpas for first ...01:49 PM | 17 Jan, 2021
- Ice cream tests positive for coronavirus in China01:10 PM | 17 Jan, 2021
- Whatsapp leaks – Pakistan will continue exposing India to the ...12:39 PM | 17 Jan, 2021
- Pakistan's exports to 10 countries plummet including UAE, KSA12:11 PM | 17 Jan, 2021
- Karachi stats show 36pc spike in rape cases in 2020 – 7 years high11:31 AM | 17 Jan, 2021
- Selena Gomez shares the reason behind calling out Mark Zuckerberg ...07:32 PM | 16 Jan, 2021
- Ayeza Khan celebrates 30th birthday04:22 PM | 16 Jan, 2021
- Details of Varun Dhawan-Natasha Dalal's wedding revealed03:58 PM | 16 Jan, 2021
- Stars who dated in the past11:38 PM | 5 Jan, 2021
- COVID-19 – How many vaccine doses Pakistan and neighbouring ...08:34 PM | 5 Jan, 2021
- 10 women celebs who lent their star power to UN06:50 PM | 5 Jan, 2021
- #2020InReview – Pakistan's initiatives in the year 202010:55 PM | 4 Jan, 2021