Tag Archives: UBL to conduct due diligence of Silkbank

KARACHI: United Bank Ltd (UBL) is considering a potential “merger” with Silkbank Ltd, one of the smallest commercial lenders battling undercapitalisation issues for years. One of the three biggest banks in terms of the asset base, UBL is going to seek permission from the State Bank of Pakistan (SBP) to start Silkbank’s due diligence, which involves an in-depth examination of …

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