Summit Bank’s major shareholder to issue fresh equity as prospective foreign investor

09:22
September 21, 2020
MG

September 21, 2020 (MLN): Summit Bank Limited has issued a Public Notice to announce that the major Shareholder of the Bank, His Excellency Nasser Abdulla Hussain Lootah has issued Letter of Intent to inject fresh equity in the Bank as prospective foreign investor subject to necessary regulatory approvals in due course to ensure that the Bank meets its capital requirement as per applicable MCR and CAR.

The notice also apprised about the appointment of Mr. Waseem Mehdi Syed as Chairman of the Board of Directors, along with Mr. Wajahat Ahmed Baqai, Mr. Zafar Iqbal Siddiqui an Ms. Fauzia Hasnain as members of the Board of Directors of the Bank.

Copyright Mettis Link News

Posted on: 2020-09-21T14:22:00+05:00

37019

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.20000	278.40000	278.40000	278.20000	01:03 PM
2	EUR	1.06560	1.06590	1.06590	1.06560	04:41 PM
3	GBP	1.23686	1.23697	1.23696	1.23686	04:41 PM
4	CHF	0.91038	0.91048	0.91048	0.91038	04:41 PM
5	JPY	154.64600	154.65600	154.65600	154.64600	04:41 PM
6	CAD	1.37503	1.37516	1.37516	1.37503	04:41 PM
7	AUD	0.64174	0.64180	0.64180	0.64174	04:41 PM
8	INR	83.35360	83.38510	83.38510	83.35360	04:41 PM
9	SAR	3.75120	3.75140	3.75140	3.75120	01:41 AM
10	AED	3.67210	3.67310	3.67310	3.67210	11:59 PM
11	HKD	7.83270	7.83280	7.83280	7.83270	04:41 PM
12	CNH	7.25176	7.25234	7.25234	7.25176	04:41 PM
13	CNY	7.24030	7.24040	7.24040	7.24030	07:10 PM
14	THB	36.78900	36.95000	36.95000	36.78900	04:41 PM
15	MYR	4.78150	4.78650	4.78650	4.78150	12:29 PM
16	IDR	16,204.10000	16,215.10000	16,215.10000	16,204.10000	04:41 PM
17	SGD	1.36157	1.36184	1.36184	1.36157	04:41 PM
18	NZD	0.58874	0.58882	0.58882	0.58874	04:41 PM
19	MXN	17.08930	17.09760	17.09758	17.08932	04:41 PM
20	TRY	32.51280	32.52280	32.52280	32.51280	04:41 PM
21	SEK	10.91870	10.93100	10.93103	10.91871	04:41 PM
22	ZAR	19.07340	19.08550	19.08551	19.07339	04:41 PM
23	NOK	11.00600	11.02890	11.02891	11.00598	04:41 PM
24	DKK	7.00170	7.00270	7.00270	7.00170	04:41 PM
25	ARS	871.25000	871.25800	871.25828	871.24984	04:41 PM
26	BDT	108.06500	111.44600	111.44612	108.06470	07:19 AM
27	BHD	0.37700	0.37710	0.37710	0.37700	08:32 PM
28	BRL	5.19910	5.20210	5.20210	5.19910	04:40 PM
29	KRW	1,374.75000	1,376.65000	1,376.65000	1,374.75000	04:41 PM
30	KWD	0.30836	0.30846	0.30846	0.30836	01:01 AM
31	LKR	298.75800	305.33300	305.33326	298.75827	07:19 AM
32	OMR	0.38498	0.38515	0.38515	0.38498	06:50 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	01:41 AM
34	RUB	93.20000	94.60000	94.60000	93.20000	12:48 PM
35	AFN	71.00000	73.00000	73.00000	71.00000	11:05 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:27 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	12:29 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	12:35 PM
39	UZS	12,670.00000	12,740.00000	12,740.00000	12,670.00000	01:07 PM
40	PHP	57.26100	57.69700	57.69700	57.26100	04:41 PM
42	NGN	1,149.00000	1,153.00000	1,153.00000	1,149.00000	12:36 PM
43	KES	133.00000	134.00000	134.00000	133.00000	12:10 PM
44	AMD	392.60000	392.60000	392.60000	392.60000	07:55 AM
45	TWD	32.53400	32.56400	32.56400	32.53400	04:41 PM
46	XAU	2,389.16000	2,389.47000	2,389.47000	2,389.16000	04:40 PM
47	XAG	28.64920	28.66160	28.66160	28.64920	04:40 PM
48	XPT	932.55000	934.95000	934.95000	932.55000	01:41 AM
49	XPD	1,026.75000	1,034.75000	1,034.75000	1,026.75000	01:41 AM
2,120	VES	36.25120	36.34210	36.34210	36.25125	12:29 PM
2,212	UGX	3,768.41000	3,852.95000	3,852.94560	3,768.40998	07:19 AM
2,213	TZS	2,591.49000	2,591.51000	2,591.51500	2,591.48500	11:41 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	70,968.98	70,909.904	70,186.93	619.785	0.882	214,724,945.0	13,651,927,649.760	19/04/2024 05:13 PM
ALLSHR	46,573.62	46,547.234	46,105.96	339.379	0.735	475,634,499.0	23,214,193,723.360	19/04/2024 05:13 PM
KSE30	23,393.38	23,376.569	23,058.97	282.759	1.224	116,554,680.0	11,831,374,214.290	19/04/2024 05:13 PM
KMI30	118,779.97	118,572.725	117,247.45	1,218.125	1.038	148,956,005.0	11,119,881,421.450	19/04/2024 05:13 PM
KMIALLSHR	33,051.27	33,022.390	32,695.54	298.524	0.912	317,804,569.0	19,951,289,708.390	19/04/2024 05:13 PM
BKTi	17,861.34	17,826.912	17,489.40	244.864	1.393	16,782,769.0	1,601,100,031.210	19/04/2024 05:13 PM
OGTi	16,766.60	16,652.098	16,435.08	192.159	1.167	13,610,174.0	1,842,349,761.040	19/04/2024 05:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,170.0	65,640.0	59,635.0	510.00
BRENT CRUDE	EB	87.2	90.8	86.2	0.11
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-6.15
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	-0.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.2	85.6	81.1	0.06
SUGAR #11 WORLD	SB	19.6	19.8	19.3	0.03

To see more commodities please register for our portal

Top 5 things to watch in this week

Charts

KSE100 (Last)

KSE100 (Volume)

KSE100 (Last)

KSE100 (Volume)

Trending :

Summit Bank’s major shareholder to issue fresh equity as prospective foreign investor

Top 5 things to watch in this week

Charts

Stay Connected

Read Next

Govt targets to raise Rs550bn through GIS auction via PSX in 2Q2024

Shehbaz Sharif urges acceleration of 1st phase of Saudi investments in Pakistan

Foreign currency deposits increase 1.18% MoM in March

OMO Result: SBP injects Rs661.3bn