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UBL launches Margin Financing |
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Dawn, June 25 2005 |
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United Bank Limited (UBL) announced its launch
of Margin Finance Facility today. Initially targeting brokerage
firms, financial institutions and corporate clients, UBL has
medium term plans for extending the product to cover its wide
base of individual clients as well. |
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Employing its core expertise in wholesale banking
and strong institutional client relationships, UBL will continue
to expand its leadership position in capital markets. With the
imminent phase out of COT, where UBL has been a significant
player, the role of commercial banks will be significantly increased
and UBL is well placed to further strengthen its presence. |
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