Bank Makramah Limited Proposes Dual Right Issues

Karachi, Bank Makramah Limited, formerly known as Summit Bank Limited, has proposed two separate right issues. The first issue is set at a rate of 65%, and a subsequent issue at a rate of 11.2443%. This strategic decision is part of the bank's broader effort to augment its capital structure. According to information available from the Pakistan Stock Exchange (PSX), these issues are crucial for the bank’s expansion plans and long-term financial health.