Silk Bank requests SBP to extend the date for disclosure of Quarterly and Annual Accounts

MG News | April 01, 2020 at 03:31 PM GMT+05:00

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April 1, 2020 (MLN): Silk Bank Limited has requested the State Bank of Pakistan (SBP) to extend the date for approval and disclosure of third Quarter of 2019 financials of the Bank till April 30^th, 2020.

In a letter to Exchange, the Bank has also requested SBP to extend the date for approval of Annual Accounts of 2019 till May 31^st, 2020, in view of current lockdown and the consequent extension in the various reporting requirements given to the banking industry by SBP.

The Bank’s request to SBP was also supported by the SBP’s decision to extend the timelines for the Annual Accounts of 2019 and Q1 Accounts of 2020 for the banking industry due to the Coronavirus pandemic.

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