BAHL gets approval to close down Seychelles branch

MG News | September 14, 2021 at 03:59 PM GMT+05:00

0:00

September 14, 2021 (MLN): Bank AL Habib (BAHL) Limited has announced that the bank has received State Bank of Pakistan (SBP's) in-principle approval for closure of Bank AL Habib Limited (the Bank) Seychelles Branch Operations.

The bank has also received approval from the Central Bank of Seychelles (CBS) for the voluntary winding up of the aforementioned branch operations, as per the notice issued to Pakistan Stock Exchange (PSX).

This decision is in line with the bank's strategy, and it will not have any material impact on the overall operating and financial position of the Bank.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	156,177.82 367.85M	-0.00% -3.12
ALLSHR	95,630.38 1,498.37M	-0.06% -60.44
KSE30	47,678.47 206.79M	-0.08% -35.92
KMI30	229,682.22 174.86M	-0.02% -39.87
KMIALLSHR	64,366.76 638.47M	-0.08% -53.31
BKTi	41,922.80 89.51M	-0.11% -46.72
OGTi	31,735.79 16.87M	-0.80% -255.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,860.00	117,685.00 114,850.00	-1230.00 -1.05%
BRENT CRUDE	67.90	68.59 67.62	-0.57 -0.83%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.50	93.50 93.50	0.15 0.16%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.97	64.67 63.69	-0.55 -0.85%
SUGAR #11 WORLD	16.23	16.59 16.23	-0.33 -1.99%