Presss Releasse UBL
L Bank (Tan
nzania) Lim
mited Inaug
gurated by
y H.E Dr. M
Mohamed G
Gharib Bilaal (From L – R: Mr. Wajaha
at Husain – Grroup Executivee / Head of In
nternational UB
BL; Director, U
UBL Bank (Tan
nzania) Limited, H
His Excellency D
Dr. Mohamed Gharib Bilal –
– The Vice Pressident, United Republic of Taanzania, Mr. Z
Zameer Mohammeed Choudrey – Director, UBL,, Sir Mohammeed Anwar Perv
vez, OBE, HPk
k – Deputy Chaairman UBL, M
Mr. Atif Riaz Bokha
ari – President & CEO UBL; Chairman, UBL Bank (Tanzaania) Limited &
& Mr. Muhamm
mad Tanveer –– CEO, UBL Bank (Tanzania) Lim
mited) The Vice Presidentt of Tanzania, His Excellency D
Dr. Moham
med Gharib Bilal yesteerday inaugura
ated UBL Ba
ank (Tanzan
nia) Limited
d (UBTL), in
n an impresssive ceremo
ony at the Bank’s premisess, located in the heart of the city centtre of Dar ess Salaam. dignitaries &
The laun
nch was atteended by a wide cross section of d
& luminariees from diffferent walks off life includiing HE, the High Com
mmissioner o
of Pakistan, Mr. Tajamm
mul Altaf, M
Mr. A Kobello, Director, Ba
ank of Tanz
zania, diplom
mats, CEOs,, and seniorr officials of the UBL Grroup, g Sir Moham
mmed Anw
war Pervez, OBE O
HPk, D
Deputy Chaairman of th
he UBL Boaard of including
Directorss & Chairman Bestway Group, Mr. Atif R. Bokh
hari, UBL’s P
President &
& Chairman o
of the Board off Directors of o UBTL, Mr. M Zameer Choudrey, C
C
CEO Bestwaay Group & Director U
United Bank Lim
mited, Mr. Wajahat Hu
usain Head of UBL In
nternational & Director UBTL, and
d Mr. Rayomon
nd Kotwal, U
UBL CFO & Director UB
BTL. Over the last five deccades, UBL’ss global netw
work has gro
own to overr 1,300 brancches, across U
UAE, Bahrain, Qatar, Yem
men, USA an
nd Pakistan.. Through itts subsidiaries, associatted companiies & representative officees, the Group
p also has a a presence in
n the UK, S
Switzerland, Oman, Chiina & now Tan
nzania. UBL
L has an assset base of approximate
a
ely USD 10 billion, serves more th
han 5 million customers, &
& has workfo
orce of some 17,000 stafff. UBL has a track reco
ord of innov
vation and w
was the first to introducce a numberr of productss and services iin its markets. One achievement th
hat the bank is particularrly proud off is its pioneeering initiativee of financiall inclusion in
n Pakistan, through its Branchless B
Banking serrvice, UBL O
Omni, currently
y provided th
hrough overr 12,000 outllets across th
he country. o choose Tan
nzania for itts first foray
y into Africa, was Mr. Atif R. Bokhari ssaid, “UBL’ss decision to
based on
n a number o
of positives a
about the country includ
ding, its soun
nd economiic performan
nce as evidenceed by its GD
DP growth, its political stability, th
he country’s abundant n
natural resources and the ffact that the Dar es Sala
aam port serves as an im
mportant con
nduit in faciilitating the trade flows witthin Tanzan
nia and beyon
nd to 6 neigh
hboring cou
untries”. ning of the bank’s b
branch in Dar ess Salaam is the first step
p in a journ
ney that willl take The open
UBTL to the major eeconomic cen
nters of Tan
nzania. UBTL
L is committted to playin
ng its due ro
ole in the grow
wth and continued success of Tanzania and haas demonstrrated this th
hrough indu
ucting local taleent in impo
ortant posittions. This local pool will form a world claass, professsional d up to supp
workforcce in the yea
ars to come. The Bank iss fully geared
port and serrve its Tanzaanian clientele with its hig
ghly persona
alized servicee and will sttrive to live up to its motto, “wheree you come firsst”! Mr. Zam
meer Choudreey, CEO Besstway Group
p & Directorr United Ban
nk Limited, ssaid, “I hopee that our investment in th
he banking sector is th
he first of m
many. We ho
ope to serio
ously explorre the possibilitties of investtment opporrtunities in o
other sectorss, including ffood distribu
ution & cem
ment”. he wise lead
dership of H.E. H
Jakaya M. Kikwetee, Presidentt of the Un
nited Republlic of Under th
Tanzania
a, UBL Bank
k (Tanzania) Limited willl expand an
nd grow by p
participating
g in the visio
onary economicc policies of o the goverrnment and its regulato
or. The Boaard & Manaagement of UBL expressess its thanks to the Goveernment of T
Tanzania & the Bank of f Tanzania fo
or their guid
dance & supporrt. _______
__________
__________
__________
__________
__________
__________
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About Uniited Bank Lim
mited:
Founded in
n 1959, United Bank Limited (UBL) is one of
o Pakistan’s laargest private bbanks with a glo
obal strategic o
outlook
and a stron
ng track record of growth in business
b
in term
ms of volume aand profit. UBL operates a n
network of overr 1,300
branches accross Pakistan, including 13 do
omestic Signatuure Priority Bannking lounges aand 17 overseass branches. It o
offers a
dynamic po
ortfolio of glob
bally competitivve products and
d services. Withh credit rating oof AA+/A-1+,, and a customeer base
of over 3.5 million custom
mers, it is at the forefront of th
he banking and financial servicces sector in Paakistan.
PR Contactss:
Raza Mustjab Haider
Senior Managerr Public Relations
Email: [email protected]
Saima N
Nazim Beg
Asst Mannager Public Relationss
Email: [email protected]
m.pk