Karachi, Bank of Punjabinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 17, 2018 at Lahore. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended June 30, 2018.
Further, the company has declared the closed period from August 10, 2018 to August 17, 2018.
The Bank of Punjab constituted pursuant to The Bank of Punjab Act, 1989. It acquired the status of a scheduled bank on September 19, 1994 awarded by the State Bank of Pakistan. The registered office of the bank is located in Lahore along with a growing number of 306 branches. Majority shares of the bank are held by the Government of Punjab. The bank is listed on Karachi, Lahore and Islamabad stock exchanges. `
The bank has also acquired the permission for commencement of Islamic Banking Operations by the State Bank of Pakistan. The products of the bank include Islamic banking, retail banking, retail finance, payment services, corporate banking and commercial banking.
The symbol “BOP” is being used by the stock exchanges for the shares of The Bank of Punjab.