UAE Investor Acquires Majority Share of Summit Bank The Investor subscribed to 3.98 billion new shares of the Bank at PKR 2.51 per share .
2023-04-28
KARACHI (WEB DESK) Prominent UAE national, investor, and a longstanding friend of Pakistan, H.E. Nasser Abdulla Hussain Lootah (the “Investor“), has acquired a controlling stake in Summit Bank, a move that was recently approved by the State Bank of Pakistan, Securities and Exchange Commission of Pakistan, and Competition Commission ofRead More →