Pakistan Company News

Election of Directors of Samba Bank Limited

Karachi, Samba Bank Limited informed Pakistan Stock Exchange that the eight persons have filed with the Bank a notice of their intention to offer themselves for election as directors of the Company at the 16th Annual General Meeting of the Company to be held on March 27, 2019 at Islamabad.

Samba Bank Limited is a banking company incorporated in Pakistan. It is engaged in the business of commercial banking and other related services.  The Bank is a subsidiary of SAMBA Financial Group of Saudi Arabia, which holds 80.68% shares of the Bank as at December 31, 2012. The registered office of the company is located in Karachi. The shares of the bank are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan.

The businesses of the bank include providing corporate banking, investment banking, treasury and transactional services to its customers.

The symbol “SBL” is being used by the stock exchanges for the shares of Samba Bank Limited.