Silk Bank informs PSX regarding completion of valuation process of additional collateral

By MG News | January 30, 2020 at 02:46 PM GMT+05:00

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January 30, 2020 (MLN): Silk Bank Limited has informed Exchange that the process of valuation of the additional collateral obtained by the Bank has substantially been completed.

Further, the Bank is expecting closure of the process shortly and has therefore sought an extension from SBP, for finalizing and publishing its third quarterly financial statements as of 30-09-2019, till March 15, 2020.

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