Karachi: Standard Chartered Bank (Pakistan) Limited (SCBPL) has scheduled a meeting of its Board of Directors on October 28, 2024, to discuss and approve the financial statements for the third quarter ended September 30, 2024. The meeting will take place at Karachi.

The board will closely scrutinize the bank's performance for the period, focusing on the financial outcomes and strategic implications as the fiscal quarter comes to a close. According to information available from the Pakistan Stock Exchange (PSX), such meetings are essential for ensuring that stakeholders are kept informed of the bank’s fiscal health and direction.

In compliance with the regulatory requirements under Clause 5.6.4 of the PSX Rule Book, SCBPL has declared a "Closed Period" starting from October 18, 2024, until the day after the financial results are published, expected on October 29, 2024. During this time, no director, CEO, or executive is permitted to deal in the bank’s shares, directly or indirectly. This measure is intended to prevent insider trading and maintain market integrity.

The bank has also communicated to its members and IRE Certificate Holders to observe this period strictly, ensuring that all parties adhere to the compliance standards set forth by the financial authorities.