Bank Makramah Limited Announces Two Rights Issues


Karachi, Bank Makramah Limited, formerly known as Summit Bank Limited, has introduced two separate rights issues at rates of 65% and 11.2443%, respectively. These issues are part of the bank’s strategy to bolster its capital base and enhance financial stability. According to information available from the Pakistan Stock Exchange (PSX), the dual rights issues signify a critical step in the bank’s ongoing financial restructuring and growth efforts.