Business

SBP Granted Approval to Bank Alfalah for Starting Due Diligence of Samba Bank

Karachi May 20 2024: The State Bank of Pakistan has granted its approval to Bank Alfalah Limited (BAFL) to commence due diligence of Samba Bank Limited.

On 9th April 2024, BAFL made public announcement for its potential acquisition of 84.51 % shares of Samba Bank Limited (the “Target Company”) held by Saudi National Bank.

Tags: Bank Alfalah

SBP Granted Approval to Bank Alfalah for Starting Due Diligence of Samba Bank

admin-augaf

Related Posts

Pakistan Launched First National Climate Finance Strategy to Fill Financing Gap of $348 Billion

Saudi Arabia Allowed Fitch To Establish Regional Headquarter

Bank Alfalah to Charge 5% Monthly Fee on High End Deposits

Recent News

Pakistan Launched First National Climate Finance Strategy to Fill Financing Gap of $348 Billion

Saudi Arabia Allowed Fitch To Establish Regional Headquarter

Bank Alfalah to Charge 5% Monthly Fee on High End Deposits

Pakistan’s “Fauji Foods” to Export Buffalo Milk to China

PIF To Raise More Than A Billion Dollar From Selling Stake in stc

Popular News

President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

Petrol Prices in Pakistan to Return to July 2023 Levels

Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

Categories

Recent News

Category

Recent News

Pakistan Launched First National Climate Finance Strategy to Fill Financing Gap of $348 Billion

Saudi Arabia Allowed Fitch To Establish Regional Headquarter