UBL Schedules 251st Board Meeting to Review Q3 Financial Statements

Islamabad: United Bank Limited (UBL) has announced its 251st Board of Directors' meeting scheduled for October 23, 2024, to review and approve the bank's condensed interim financial statements for the third quarter ended September 30, 2024.

The primary focus of the upcoming meeting will be the examination of UBL's financial results from the third quarter and the declaration of any potential entitlements. According to information available from the Pakistan Stock Exchange (PSX), this meeting is crucial for financial oversight and ensuring shareholders are informed of the bank’s fiscal health and future strategies.

In compliance with the PSX Regulation, UBL has initiated a "Closed Period" starting from October 15 to October 23, 2024. During this time, directors, the CEO, and executives are prohibited from trading the bank's shares, thus preventing any conflicts of interest or insider trading ahead of the public release of the financial results.

The bank has also communicated this development to the TRE Certificate Holders of the Exchange, ensuring that all regulatory guidelines and transparency requirements are fully adhered to.