UNB continued commitment to Birmingham and the community is yet again deepened as UNB has further invested in the Sales and Service Centre at Birmingham located at Stratford Road.  The event was marked by a ribbon cutting ceremony at which Dr. Saeed Khan Mohmand, Consul General, Consulate of Pakistan at Birmingham, was the chief guest. Dr Mohmand congratulated UNB at this occasion.

UNB commitment to Birmingham has increased substantially in the last few years. UNB has invested by moving its centralised operations department to Birmingham and has also moved their training and development department here. This refurbishment has made the UNB Sales and Service Centre more convenient and comfortable for its customers and employees.

United National Bank’s principal activities are to provide retail banking products through its sales and service network in major cities in the UK, including Birmingham, London, Ilford Manchester, Bradford, and Glasgow. UNB provides easy remittance facilities to Pakistan and elsewhere, conventional and islamic banking, mortgages and other retail and commercial banking facilities.

The colorful event was attended by the entire Pakistan cricket team. The High Commissioner at the event thanked UNB for sponsoring an event which gave an opportunity for the cricket aficionado’s to meet their heroes.

UNB’s stall attracted high numbers of visitors; most of them showed interest in our Islamic products and obtained brochure. Fifteen visitors have requested Account opening forms to be posted and further information regarding Islamic Mortgages.

Brochure and flyers for NET & COC REMITTANCES were distributed. Sweets & Soft drinks were offered to visitors.

There was a host of entertainment at the event including live music, Bhangra dancing, rides for children. Additionally there were various stalls of Asian businesses including Asian garments, footwear, beauty products and food.  Almost 800 people visited the Mela on the day and all branch staff members including Mr. Akhlaq Mir from Main Branch were present at the stall and were busy providing the visitors with product information’s , brochures and small giveaways. The Deputy Mayor and Local counselor were also present at the Mela and visited the UNB stall.

The Guest of Honor at this year’s annual dinner was Sir Sherard Cowper-Coles KCMG LVO, the Foreign Secretary’s Special Representative to Afghanistan and Pakistan. UNB had the privilege of being a sponsor at the annual dinner and helped raise awareness of the current issues facing Pakistan.

Mr. Mansoor Ali Khan CEO highlighted that London has emerged as a global hub for Islamic finance and there has a huge market potential available in UK market for Islamic products. He further illuminated that they are focusing on South Asian Muslim community and have set them as their initial target market for these products. Predominantly over a 1 million people are clustered in all across the UK and the philosophy behind launching these products is a belief that savings play a vital role in managing future  needs. The people generally try to save a portion of their income with a view to protecting themselves from future financial hardship and also to enhance their earnings for their own benefit and the benefit of their family. Most of the Muslim community do not believe in accepting interest (ribah) as it is prohibited in Islam therefore keep their saving in current accounts or in the shape of cash at home or in their lockers.

We at United National bank, intend to provide them with an alternative solution based on purely “Halal” profit with no fear of interest.

Mr. Atif Bukhari, Board Director of United National Bank Ltd flew in especially from Karachi for the launch of the Islamic Deposit Product. Speaking to the press on the occasion he informed that UNB was already offering Ijara mortgages to its customers and has some booked a sizeable portfolio and is currently financed to comply with Shari’ah rules, by the bank’s own capital. The deposits generated through these Islamic products will be utilized in the same bank’s existing Ijara mortgage product. By offering these products, UNB has taken the lead to offer a complete Shari’ah Compliant solution where the customer will have peace of mind that their money y has been invested in Shari’ah Compliant Products and they are sharing profit not interest.

These Islamic accounts are capital protected via a shari’ah compliant methodology approved by the renowned shari’ah advisor and Shari’ah consultants. The profit on these accounts is not fixed and will be declared on a monthly basis based on the profit earned on the Islamic investments. However the actual profit will be shared as per agreed ratio on the due dates.

The proposed new Islamic deposit products will provide an avenue for UNB, with its branches strategically located in areas with large Muslim communities, to expand into this rapidly growing and potentially profitable subset of banking.

Sharing some thoughts on this occasion, Sir Anwar Pervez congratulated UNB on this new achievement, adding how important this product can be for the remittance business and helping the economy of Pakistan. Introduction of this new facility using the technology will provide great ease to customers. Sir Anwar further said…

Mr. Mansoor Khan, CEO UNB, briefed the press that the launch of NetRemit is UNB’s move towards modern and innovative banking solutions for customers. He said that providing customers with convenient banking solutions is UNB’s top priority and the bank will continue to take new initiatives on adding competitive products and services to its range of offering. With the launch of UNB NetRemit, customers can now send money to Pakistan 24/7 by sitting at home, using their Debit card. He added that UNB NetRemit will emerge as the most affordable, secured, and convenient remittance product in UK. Mr. Khan also mentioned that UNB has a great track record of offering top rated deposit products to its customers.

UNB is a UK based bank registered in England & Wales with its registered office in London and is regulated by the Financial Services Authority (FSA). United National Bank is a subsidiary of United Bank Ltd Pakistan (UBL) , in joint venture with National Bank Pakistan (NBP). The sponsors of UBL are Bestway Group, UK and Dhabi Group, UAE.

The bank has a network of 6 branches covering England and Scotland. The bank offers a variety of banking products and services with a special focus towards the needs of every UK resident. Products and services offered by UNB include current, savings and fixed term deposit accounts under conventional and Shari’ah based Islamic category for individual and business customers. Business customers are also offered trade facilities, overdrafts and term loans. In order to meet the specific needs of the South Asian communities, UNB offers Islamic Mortgage and safe & secure Free of Cost remittances to Pakistan, India and Bangladesh within 48 hours.

Free* Remittances