Day: August 29, 2022

Karachi, Standard Chartered Bank Pakistan Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended June 30, 2022 have been transmitted through PUCARS and is also available on Company’s website.

“Standard Chartered Bank Pakistan Limited was incorporated in Pakistan on July 19, 2006. It was granted approval for commencement of banking business by State Bank of Pakistan, with effect from December 30, 2006. The ultimate holding company of the Bank is Standard Chartered PLC which is incorporated in England. The Bank commenced formal operations on December 30, 2006 through amalgamation of entire undertaking of Union Bank Limited and the business carried on by the branches in Pakistan of Standard Chartered Bank, a bank incorporated by Royal Charter and existing under the laws of England. The scheme of amalgamation was sanctioned by State Bank of Pakistan vide its order dated December 4, 2006. The registered office of the bank is located in Karachi.

The bank serves retail, corporate and institutional banking customers. Retail banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals and small to medium sized enterprises. Corporate and institutional banking provides clients with services in trade finance, cash management, lending, securities services, foreign exchange, debt capital markets and corporate finance. It also offers a complete suite of Islamic banking solutions under its Standard Chartered Saadiq brand.

It is engaged in the banking business as defined in the Banking Companies Ordinance, 1962 and has a total number of 130 branches operating in Pakistan as on December 31, 2012. Standard Chartered Bank Pakistan Limited has three subsidiaries all of them incorporated in Pakistan. The subsidiaries are namely Standard Chartered Leasing Limited, Standard Chartered Modaraba and Standard Chartered Services of Pakistan Private Limited

The symbol “SCBPL” is being used by the stock exchanges for the shares of Standard Chartered Bank Pakistan Limited.”

Karachi, Service Industries Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended June 30, 2022 have been transmitted through PUCARS and is also available on Company’s website.

“Service Industries Limited was incorporated as a private limited company on March 20, 1957. The foundations of the company were laid under the Companies Act, 1913 now the Companies Ordinance, 1984. The company was later converted into a public limited company on September 23, 1959. The principal activities of the Company are purchase, manufacture and sale of footwear, tyres and tubes and technical rubber products. The registered office of the company is located in Lahore. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan.

The company is ISO 9001 certified. Besides this the company is a member of Satra. The guidelines of Satra are used for the quality check of the shoes. The company is audited by the European customers for assuring that the compliance standards are followed appropriately. More than 6000 employees are working for the company.

The symbol “SRVI” is being used by the stock exchange for the shares of Service Industries Limited.”

Karachi, Faysal Bank Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended June 30, 2022 have been transmitted through PUCARS and is also available on Company’s website.

“Faysal Bank Limited was incorporated in Pakistan on October 3, 1994. The foundations of the company were laid as a public limited company under the Companies Ordinance, 1984. Ithmaar Bank B.S.C., a Bahrain based retail bank, is the parent company of the bank. The business activities of the bank include commercial banking, consumer banking, corporate banking and Islamic banking activities. The bank has a branch network comprising of over more than 265 branches in around 80 cities of Pakistan. The registered office of the bank is situated in Karachi. The stocks of the bank are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan.

The bank provides products to its customers in the field of personal and business banking. This includes deposits products, retail services, lending and insurance solutions. In the business banking the services related to corporate and agri solutions are provided.

The symbol “FABL” is being used by the stock exchange for the shares of Faysal Bank Limited.”