Bank AL Habib receives authorization to close Kenya office

MG News | May 06, 2025 at 03:40 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

May 06, 2025 (MLN): Bank AL Habib (PSX: BAHL) has received authorization from the Central Bank of Kenya to close its Representative Office in Kenya, following the In-Principle clearance earlier granted by the State Bank of Pakistan (SBP).

The Central Bank of Kenya has instructed the Bank to surrender the office's license upon completion of all compliance requirements, the notification issued to the local bourse.

This decision aligns with the Bank’s strategy and will not have any material impact on its overall operating and financial position.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	178,478.12 101.58M	0.12% 215.78
ALLSHR	107,985.42 226.75M	0.14% 147.98
KSE30	53,424.37 24.97M	0.14% 76.69
KMI30	252,586.61 37.67M	0.43% 1076.24
KMIALLSHR	69,380.93 136.14M	0.30% 207.07
BKTi	50,919.58 6.08M	-0.28% -145.14
OGTi	35,437.63 1.78M	0.54% 189.21

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,185.00	64,810.00 63,035.00	-1780.00 -2.74%
BRENT CRUDE	87.21	88.06 86.40	-1.15 -1.30%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	120.00	120.00 120.00	-0.25 -0.21%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	81.62	82.24 80.60	-0.99 -1.20%
SUGAR #11 WORLD	14.56	14.75 14.54	-0.21 -1.42%