Summit Bank embraces new identity as Bank Makramah Limited

MG News | November 13, 2023 at 02:59 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

November 13, 2023 (MLN): The management of Summit Bank Limited (PSX: SMBL) has officially announced to the local bourse today that the bank's name has been changed to "Bank Makramah Limited" (abbreviated as "BML"), effective from November 7, 2023.

This notice is in continuation of the announcement made on July 17, 2023, where the Board of Directors (BoD) of SMBL decided to change the bank's name.

Moreover, a certificate of incorporation on change of name has been issued by the Securities and Exchange Commission of Pakistan (SECP) subsequent to the grant of no objection by the Finance Division (Internal Finance Wing), the government of Pakistan.

Summit Bank Limited was incorporated in Pakistan as public company limited by shares on December 09, 2005 under the repealed Companies Ordinance, 1984.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	176,094.12 210.43M	0.31% 546.13
ALLSHR	106,530.89 879.03M	0.30% 313.70
KSE30	52,480.22 54.21M	0.01% 4.71
KMI30	247,198.06 71.10M	0.26% 628.83
KMIALLSHR	68,178.54 320.54M	0.35% 237.08
BKTi	50,319.17 20.32M	-0.21% -103.75
OGTi	34,316.47 3.14M	0.13% 43.33

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,605.00	63,770.00 62,430.00	475.00 0.75%
BRENT CRUDE	91.04	91.36 84.62	4.16 4.79%
RICHARDS BAY COAL MONTHLY	107.75	0.00 0.00	-0.25 -0.23%
ROTTERDAM COAL MONTHLY	121.60	121.65 121.60	0.95 0.79%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	86.80	86.87 81.06	3.21 3.84%
SUGAR #11 WORLD	14.65	14.78 14.38	0.22 1.52%