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Tag: Summit Bank

Summit Bank

Shareholders Greenlight Change from Summit Bank to Bank Makramah Limited

August 16, 2023August 16, 2023Faisal Shahnawaz

Karachi, August 16, 2023: In a significant development, Summit Bank Limited gathered its shareholders in an Extraordinary General Meeting (EOGM) where they gave their approval for the bank’s name to be altered from ‘Summit Bank Limited’ to ‘Bank Makramah Limited’.

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Summit Bank Granted Approval by SBP to Change Name

July 18, 2023July 18, 2023Faisal Shahnawaz

Karachi, July 18, 2023 – State Bank of Pakistan (SBP) has granted approval to Summit Bank Limited to change its name ‘Bank Makramah Limited (BML).

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Sindh Bank refuses Summit Bank merger plan

June 3, 2019December 25, 2023Faisal Shahnawaz

The board of directors of Sindh Bank Limited (SNBL) has officially rejected the proposed merger with Summit Bank Limited (SMBL), marking a significant development in the banking sector.

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