ICBC clarifies it is not in discussion with any financial institution to acquire business

By MG News | July 09, 2021 at 04:03 PM GMT+05:00

0:00

July 9, 2021 (MLN): Industrial & Commercial Bank of China Limited, Karachi Branch ("ICBC") has denied the baseless rumors mongering in the market/financial sector that it is in discussion with a certain financial institution to acquire its business.

ICBC clarified that it is neither in discussion with nor intends to acquire/amalgamate/merge with any other financial institution(s), the public notice issued by ICBC revealed.

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