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HomeBusinessALLIED BANK IS GOING TO LAUNCH WHOLLY OWNED EXCHANGE COMPANY

ALLIED BANK IS GOING TO LAUNCH WHOLLY OWNED EXCHANGE COMPANY

ALLIED Bank Limited (ABL) kay Board of Directors ne apni 27 September 2023 ki meeting mein Exchange Company ki establishment kay liye go ahead de diya hai.

Exchange Company ka initial paid-up capital Rs. 1000 Million se hoga, lekin isko State Bank of Pakistan, Securities and Exchange Commission of Pakistan ki approval or clearance ka intezar hai.

Yeh Exchange Company ABL ki wholly owned subsidiary hogi.

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