UBL approves Rs40bn for Agriculture, KMBL, University

PSX Update • Jul 22, 2026

United Bank Limited (PSX: UBL) has approved investments and contributions totaling up to Rs40 billion for an agriculture subsidiary, Khushhali Microfinance Bank Limited (KMBL), and the establishment of a non-profit university.

July 22, 2026 (MLN): United Bank Limited (PSX: UBL) has approved investments and contributions totaling up to Rs40 billion for an agriculture subsidiary, Khushhali Microfinance Bank Limited (KMBL), and the establishment of a non-profit university. The Board of Directors has approved an investment of Rs8bn to establish a majority-owned private limited subsidiary focused on boosting Pakistan's agriculture sector and f...