KARACHI: The United Bank Limited (UBL) has been awarded the country’s best bank at the Pakistan Banking Awards (2016).
An independent jury evaluated the entries in eight different categories before announcing its decisions in the ceremony attended by State Bank of Pakistan (SBP) Governor Ashraf Mehmood Wathra as chief guest.
The Institute of Bankers Pakistan (IBP), in collaboration with global accountancy firm AF Ferguson, has developed the Pakistan Banking Awards. The jury for the inaugural Pakistan Banking Awards included former SBP governor Syed Salim Raza, Pakistan Institute of Corporate Governance CEO Fuad Hashimi, State Life Insurance Corporation Chairperson Nargis Ghallo, former banking ombudsman Azhar Hameed, and former regional head for Citibank Middle East and Pakistan Shehzad Naqvi.
Habib Bank (HBL) received the Best Bank for Small Businesses and Agriculture Award for its strong performance, diversification and quality of small and medium enterprises (SME) and agricultural lending nationwide.
HBL also grabbed the award for the Best Environment and Social Governance Bank for contributing the most in terms of the long-term sustainability of the environment, employees, customers and communities.
The award for the Best Bank for Corporate Finance and Capital Market Development went to MCB Bank for excelling in promoting capital market development, deepening secondary markets and providing advisory services to optimise the efficient use of industrial and commercial assets.
The Best Customer Franchise award was given to Bank Alfalah for its efficient service delivery and attention to customer requirements.
Meezan Bank received the Best Islamic Bank Award for making the most progress in extending and expanding its Islamic banking franchise and raising public awareness.
