Karachi (Agencies) July 5, 2025 — United Bank Limited (PSX: UBL) has officially become the second most valuable listed company on the Pakistan Stock Exchange (PSX), with its market capitalization soaring to $2.9 billion, up from under $0.5 billion just two years ago—a sixfold increase.
The milestone was highlighted by Topline Securities CEO Mohammed Sohail, who attributed the bank’s rise to strong earnings growth, strategic transformation, and renewed investor confidence in Pakistan’s banking sector. UBL’s performance reflects a broader trend of financial sector resilience amid macroeconomic challenges.
Currently, the Oil & Gas Development Company Limited (OGDC) holds the top spot on PSX with a market cap of $3.4 billion, placing UBL just behind in terms of valuation.