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.
Pakistani rupee remains stable against US dollar in the open market on 29 March, 2024.
In the open market, the US dollar was being quoted at 278.3 for buying and 281.05 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 278.3 | 281.05 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.70 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.46 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.7 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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