Mettis Global News
Mettis Global News
Mettis Global News AD
Mettis Global News AD

Amalgamation of NIB Bank Limited with and into MCB Bank Limited

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

In a statements issued to all the relevant stakeholders, NIB and MCB Bank announced that,

“We are pleased to inform you that the State Bank of Pakistan (“SBP”) vide its sanction Order dated June 13, 2017 has approved the amalgamation of NIB Bank Limited (“NIB”) with and into MCB Bank Limited (“MCB”) and that it will be effective as of the Effective Date, to be announced separately.”

Posted on: 2017-06-14T12:29:00+05:00

PKR 262.6 per USD

PKR reached historic low in Interbank