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.


Related Articles

PM Exports Enhancement Package revised to give incentives to textile exporters

SLAMABAD (APP):Ministry of Textile Industry has revised “Prime Minister Exports Enhancement Package” of incentives for textile sector exporters under which

Dollar remains at same high of Rs134

KARACHI (Dunya News) – The rate of US dollar on Wednesday remained at the same high price of Rs134 after

Government asked to give rice sector industry status

The Union of Small and Medium Enterprises (UNISAME) has urged Pervaiz Malik the federal commerce minister to grant industry status