Karachi: United Bank Limited (UBL) has announced the closure of its transfer books for the entitlement of the 28th quarterly coupon payments on its Additional Tier 1 Term Finance Certificates (TFCs). The bank disclosed that the payment is scheduled for January 29, 2026, and the transfer books will be closed from January 21, 2026, to January 28, 2026, inclusive.

Transfers received at the office of THK Associates (Pvt.) Limited, located at Plot No. 32-C, Jami Commercial Street 2, DHA, Phase VII, Karachi - 75500, by the close of business on January 20, 2026, will be considered timely for determining the entitlement to the coupon payments. The closure of the transfer books is a standard procedure to ensure accurate and timely processing of entitlements for the TFC holders.

According to information available from the Pakistan Stock Exchange (PSX), the payments to the entitled TFC holders will be executed through electronic bank transfers or pay orders on the working day immediately following the closure of the book period.

The designated market category for these TFCs remains consistent with UBL's financial offerings, providing investors with regular returns in the form of quarterly coupon payments.