JS Bank allowed to acquire 7.79% paid up capital in BankIslami – Mettis Global Link

Linda J. Dodson

October 6, 2022 (MLN): The Condition Lender of Pakistan (SBP) has granted approval to JS Financial institution Ltd to obtain 86.3 million normal shares (7.79% compensated up funds) of BankIslami Pakistan Ltd from Emirates DNB Lender PJSC, a material information observe shared by the BankIslami showed.

BankIslami in its observe stated that JS Bank, an associated entity, shared that “with reference to our disclosure day March 30, 3033, we are happy to tell that the SBP has granted acceptance to JS Bank Ltd to obtain 86.3mn ordinary shares (constituting 7.79% paid up cash) of BankIslami Pakistan Ltd from Emirates DNB Financial institution PJSC”.

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Posted on:2022-10-06T10:30:47+05:00

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