BML's board approves financial budget for 2024
The Board of Directors (BoD) of Bank Makramah Limited (PSX: BML) has approved the annual budget for the bank for the financial year ending on...
Go to articlesmbl News
SMBL rebrands as Bank Makramah Limited, effective from November 27
he name of Summit Bank Limited (PSX: SMBL) has been changed to Bank Makramah Limited, effective from November 27, 2023....
Go to articleSummit Bank embraces new identity as Bank Makramah Limited
The management of Summit Bank Limited (PSX: SMBL) has officially announced to the local bourse today that the bank's name...
Go to articleSummit Bank's loss widens to Rs3.79bn in 9MCY23
Summit Bank Limited (PSX: SMBL) announced its results for the nine months of 2023 where the bank’s net loss soared by 88.08%....
Go to articleBanking sector profits double to Rs257.5bn in 1HCY23 on higher interest rates
The banking sector's profitability surged nearly twofold to Rs257.50 billion in the first half of 2023, primarily due to higher interest...
Go to articleSBML's loss rises 2.53x YoY to Rs1.73bn in 1HCY23
Summit Bank Limited (PSX: SBML) has revealed its financial statement today for the half year ended June 30, 2023, as per which the bank posted a loss after..
Go to articleSummit Bank renamed to Bank Makramah Limited
The Board of Directors (BoD) of Summit Bank Limited (SMBL) has acceded to change the name of the bank to 'Bank Makramah Limited' (abbreviated as BML).....
Go to articleVIS harmonizes Summit Bank TCF ratings to "B" from "D"
The VIS Credit Rating Company Limited (VIS) has harmonized the ratings of the Tier-2 Term Finance Certificate (TCF) of Summit Bank Limited (PSX: SMBL)...
Go to articleNasser Lootah becomes the majority shareholder of Summit Bank
On receipt of the subscription amount of Rs10 billion, Summit Bank Limited (PSX: SMBL) has issued 3.98 new ordinary....
Go to articleBoD authorizes Summit Bank to amend SSA with Nasser Lootah
The board of directors of Summit Bank Limited (SMBL) has authorized the bank to amend the Share Subscription Agreement...
Go to articleSMBL extends maturity date of TFC
Summit Bank Limited (SMBL), has approved a one-year extension in the maturity date of the term Finance Certificate (TFC) of the bank
Go to articleSHC recalls injunction order, allows Mr Lootah to inject fresh equity into SMBL
SHC recalls injunction order, allows Mr Lootah to inject fresh equity into SMBL
Go to articleShareholders approve Salman Iqbal’s 25% stake in Summit Bank
Shareholders approve Salman Iqbal’s 25% stake in Summit Bank
Go to articleTopline extends timeline for making PAI to acquire 51% stake of Summit Bank
Topline extends timeline for making PAI for the acquisition of 51% stake of Summit bank
Go to articleSMBL to increase Authorized Share capital by Rs62bn
SMBL to increase Authorized Share capital by Rs62bn
Go to articleSummit Bank increases its Authorized Capital from Rs28bn to Rs90bn
Summit Bank increases its Authorized Capital from Rs28bn to Rs90bn
Go to articleSamba Financial Group merges into Saudi National Bank
Samba Financial Group merges into Saudi National Bank
Go to articleSummit Bank approves appointment of Mr. Jawad Majid Khan as President and CEO
Summit Bank approves appointment of Mr. Jawad Majid Khan as President and CEO
Go to articlePSX to suspend Summit Bank’s share trading lest it fails to hold AGM in next 14 days
PSX to suspend Summit Banks share trading lest it fails to hold AGM in next 14 days
Go to articleSummit Bank appoints Mr Waseem Mehdi as Chairman of the BoD
Summit Bank appoints Mr Waseem Mehdi as Chairman of the BoD
Go to articleSummit Bank approves the execution of ‘Exclusivity Agreement’
Summit Bank approves the execution of Exclusivity Agreement
Go to articleMr Nasser Abdullah Hussain to acquire a controlling stake in Summit Bank
Mr Nasser Abdullah Hussain to acquire a controlling stake in Summit Bank
Go to articleEnforcement Action: SBP penalizes Banks Rs.219.138 Million in December
SBP publishes details of enforcement action against five banks in december 2019
Go to articleSummit Bank assures earliest completion of audit assignments
Summit Bank assures earliest completion of audit assignments
Go to articleSummit Bank replaces external auditors for CY18
Summit Bank replaces external auditors for CY18
Go to articleSC constitutes six-member JIT in fake bank accounts case
Supreme Court of Pakistan constitutes six-member JIT in fake bank accounts case
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