JS Bank allowed to acquire 7.79% paid up capital in BankIslami

By MG News | October 06, 2022 at 10:30 AM GMT+05:00

0:00

October 6, 2022 (MLN): The State Bank of Pakistan (SBP) has granted approval to JS Bank Ltd to purchase 86.3 million ordinary shares (7.79% paid up capital) of BankIslami Pakistan Ltd from Emirates DNB Bank PJSC, a material information notice shared by the BankIslami showed.

BankIslami in its notice said that JS Bank, an associated entity, shared that “with reference to our disclosure date March 30, 3033, we are pleased to inform that the SBP has granted approval to JS Bank Ltd to acquire 86.3mn ordinary shares (constituting 7.79% paid up capital) of BankIslami Pakistan Ltd from Emirates DNB Bank PJSC”.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	130,686.66 279.74M	0.26% 342.63
ALLSHR	81,305.25 895.65M	0.35% 281.26
KSE30	39,945.45 113.97M	0.09% 37.19
KMI30	190,698.05 148.56M	0.61% 1163.05
KMIALLSHR	55,074.15 494.76M	0.53% 290.50
BKTi	34,568.40 28.72M	-1.07% -372.33
OGTi	28,739.35 22.58M	1.57% 443.29

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	110,615.00	110,965.00 109,200.00	330.00 0.30%
BRENT CRUDE	68.89	69.00 68.32	-0.22 -0.32%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	-0.75 -0.76%
ROTTERDAM COAL MONTHLY	109.80	109.80 109.80	0.80 0.73%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.27	67.50 66.65	-0.18 -0.27%
SUGAR #11 WORLD	15.83	15.90 15.44	0.25 1.60%