 In June 2014, the government sold-off its remaining 19.8 percent shares in the bank for $387 million ($310m of which was in foreign exchange).In November 2018, UBL announced that it was voluntarily shutting down its New York City branch due to it being commercially nonviable to operate.United Bank Limited in an effort to increase its outreach in the market of Pakistan has done contract with Access Group to activate DigitalPass – POS terminals.