Jump to content

Sindh Bank

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Kslall8765 (talk | contribs) at 17:16, 11 December 2023. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Sindh Bank Limited
Company typeCommercial bank
IndustryBanking
Capital Markets
Founded24 December 2010
Headquarters
Karachi-75600
,
Number of locations
330
Area served
Pakistan
ProductsLoans, Savings, Consumer Banking
SubsidiariesSindh Microfinance Bank
Websitehttps://sindhbank.com.pk/

The Sindh Bank Limited (Template:Lang-ur) is a Pakistani scheduled bank headquartered in Karachi. It has over 331 branches in 169 cities. It was set up as a state-owned bank, offering microfinance loans and other banking services.

Sindh Bank Limited

Sindh Bank launched its new website of 1 June 2020.[1]

History

Sindh Bank Limited was established on 29 October 2010 with seed capital of Rs.10 billion, wholly subscribed by the Government of Sindh.[2]

It commenced full-scale banking business in April 2011 and within just seven years, emerged as one of the fastest growing commercial banks in Pakistan, having established 331 on-line branches spread across 169 towns and cities of Pakistan. Out of these, 14 branches are dedicated to Islamic Banking.[citation needed] Administratively, the branches are spread over the following three geographical regions:[citation needed]

North, comprising 124 branches in Punjab, Islamabad, KPK, AJK and Gilgit; South, comprising 109 branches in Karachi and Baluchistan; and Sindh Rural comprising 97 branches.

See also

References

  1. ^ Desk, BR Web (3 June 2020). "Sindh Bank launches its new website". Brecorder. Retrieved 4 June 2020. {{cite web}}: |last= has generic name (help)
  2. ^ Hussain, Arshad (10 September 2018). "Sindh Bank and Summit Bank are merging. Who is the real buyer?". Profit by Pakistan Today.