Karachi: In a significant development for the financial sector, Bank Makramah Limited has announced that it will receive an injection of PKR 10 billion from its sponsor, His Excellency Nasser Abdulla Hussain Lootah. This decision was ratified during the 159th meeting of the Bank's Board of Directors, held on August 18, 2026.

The bank's board approved the investment proposal and authorized the President and CEO to formalize the agreement with the sponsor. The funds, amounting to PKR 10 billion, will be recorded as Advance Against Share Subscription. This arrangement will remain in place until the necessary regulatory and corporate approvals are secured for the issuance of shares to the sponsor, bypassing the traditional right issue process.

According to information available from the Pakistan Stock Exchange (PSX), this move could have significant implications for the bank's capital structure, enhancing its financial stability amid a competitive market environment.

The infusion of funds underscores the sponsor's commitment to the bank's growth strategy and long-term viability. The financial injection will bolster the bank's capital base, positioning it to better navigate economic fluctuations and pursue strategic opportunities within the designated market category.