SBP grants approval to HBL for HBL Zarai Services Limited

By MG News | December 08, 2023 at 12:00 PM GMT+05:00

0:00

December 08, 2023 (MLN): The State Bank of Pakistan (SBP) has granted approval to Habib Bank Limited (PSX: HBL) for the incorporation of 'HBL Zarai Services Limited', the bank's notice on the PSX showed today.

The company would be a wholly owned subsidiary of the bank.

To note, the bank had decided to incorporate ‘HBL Zarai Services Limited’ to promote the agriculture sector of Pakistan, earlier in July of this year.

Copyright Mettis Link News

Related News

PIA bidders shortlisted, Roosevelt JV gets green light

Money Link Exchange shuts down operations

PSX Closing Bell: Holding the Line

Name	Price/Vol	%Chg/NChg
KSE100	133,403.19 324.46M	0.02% 33.04
ALLSHR	83,188.05 1,204.34M	0.13% 106.90
KSE30	40,651.46 104.88M	-0.13% -53.85
KMI30	192,083.92 123.92M	-0.26% -496.76
KMIALLSHR	55,847.70 679.22M	0.02% 11.98
BKTi	36,422.88 17.65M	0.29% 105.71
OGTi	28,437.61 10.77M	-0.37% -105.35

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,795.00	109,545.00 108,725.00	-420.00 -0.38%
BRENT CRUDE	70.02	70.05 69.85	-0.13 -0.19%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.05 2.15%
ROTTERDAM COAL MONTHLY	106.65	106.65 106.25	0.50 0.47%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.19	68.21 67.78	-0.14 -0.20%
SUGAR #11 WORLD	16.15	16.37 16.10	-0.13 -0.80%