United Bank Limited SME (IFC-601277)

Countries
  • Pakistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 16, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 0.55 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 2, 2017

Disclosed by Bank Feb 22, 2016


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Project Description
This project aims to develop SME banking operations at United Bank Limited. IFC will assist UBL in development of strategy and business model for SMEs. During the project IFC will review UBL existing credit and risk policies and will provide recommendations to help improve efficiencies and reduce turn aroud time. IFC will also help UBL in development of a Value Chain Finance Product.
People Affected By This Project
The objectives of this advisory engagement with UBL is to expand UBL outreach to Small and Medium Enterprises. IFC will assist UBL in developing a strategy and business model for SMEs. UBL being one of the largest commercial bank in Pakistan can leverage from its large branch network and existing digital banking platform to rapidly increase its outreach to SMEs. IFC's engagement with UBL will help increase access to financial services for SMEs and will also have a demonstration effect.
Investment Description
  • International Finance Corporation (IFC)
Advisory Services Project
Contact Information
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