Appointment of Director of Silk Bank Limited

Karachi, Silk Bank Limited informed Pakistan Stock Exchange that Mr. Nabeel Anjum Malik has been appointed as Executive Director of the Company with effect from October 13, 2021 in place of Mr. Jawad Majid Khan.

Silk Bank Limited was incorporated in Pakistan on April 04, 1994 as a Public Limited Company. The Bank commenced commercial operations on May 07, 1995. The bank is engaged in banking services.

The Bank is listed on Pakistan Stock Exchange along with the total numbers of shares which are 9,081,861,237. The Earnings per shares of the Company was (0.44) in 2019 which was 0.15 in 2018. Their Profit after Tax was (3,953,003,000) in 2019 which 1,329,933,000 in 2018.