Sindh Bank board approves merger with Summit Bank

Sindh Bank board approves merger with Summit Bank

KARACHI  – A meeting of the Board of Directors of Sindh Bank Sunday approved merger with Summit Bank.

The management of both the banks will now approach the Supreme Court for issuance of NOC.

Following the approval, the next step would be to take permission from State Bank of Pakistan.

Summit Bank has 193 branches across the country, while Sindh Bank has 225 branches across Pakistan.

After integration, the total number of branches will be 418.

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