UNITED BANK LIMITED

TREASURY AND CAPITAL

MARKETS
INTRODUCTION

• Over 380 billion assets

• Over 1000 branches in Pakistan and 15 overseas
branches
• UBL has one of the largest and strongest balance sheets
amongst banks in Pakistan.
• Merger of treasury and capital markets
• Best Domestic Provider of FX Services
• The narrowest bid/ask spreads and the fastest quotes
• It started trading currency option in 2005
• It acquired the status of Authorized Derivative Dealer
(ADD)
Services
• UBL Money
• UBL Chip Credit Card
• UBL Business Line
• UBL Address
• UBL Drive
• UBL Cash Line
• PLS Term Deposits
• PLS Saving Accounts
• UNI-Saver
• Remittances
Responsibilities of T&CM
 the narrowest bid/ask spreads and the fastest quotes

 Dynamic risk-reducing hedging strategies for its customers

 Innovative Structured Products

The Global Corporate Treasury Business is

responsible for sales of all structured and
derivative products for UBL
 FRONT OFFICE
 dealers make all deals
 Had vital authority to finalized deals

Treasurer

dealers dealers dealers

Junior Junior junior

Back office

• Back office duty is to get information

about all the deals with front office
• Back office has to do all the settlements of
the dealings in front office
• They are also responsible for all the
receipts and payments
Middle office
 Monitoring

 Hedging

 Look after deals

 Check feasibility

 risk management
 Inform in case of loss in any deal.
T&CM desks

1. Liquidity Desk
2. FX Desk
3. Money Market
4. Equity
5. Derivative
Liquidity Desk

 CRR Statement
 SLR Statement
 DTL Statement
 Cash Flow Statement
 Daily SBP Positions
Foreign Exchange (FX) Desk

• FX Inter bank

• FX Corporate desk
( account limit 25000)

• Nostro & Vostro Account

Money Market Desk

• CDs
• repurchase agreements (repos).

o It provides short to medium term liquidity

in the global financial system.
Equities desk
• purchases and sales shares
• providing margin financing
• Providing CFS (badla financing)

Terms used in transaction:

• Ready
• Spots
• Future
Derivatives desk

Corporate Treasury team

Instruments

• Forward Rate Agreement

• Interest Rate Swaps
• FX Currency Options
Strategies of T&CM
 Overseas Branches’ Treasury and Capital Markets

 Liquidity Management for the domestic balance

sheet

 Short and medium term investments

 Providing market research for internal and

external clients