Karachi, Standard Chartered Bank Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 16, 2023 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2022.
Further, the company has declared the closed period from February 09, 2023 to February 17, 2023.
Standard Chartered Bank (Pakistan) Limited was incorporated in Pakistan on 19 July 2006 and was granted approval for commencement of banking business by State Bank of Pakistan, with effect from 30 December 2006. The ultimate holding company of the Bank is Standard Chartered Plc., incorporated in England.
The Banks serves both Retail and Corporate and Institutional Banking customers. Retail Banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals. Corporate and Institutional Banking provides clients with services in trade finance, transactional banking, lending, securities services, foreign exchange, debt capital markets and corporate finance. It also offers a complete suite of Islamic banking solutions under its Standard Chartered Saadiq brand.
The Bank is listed on Pakistan Stock Exchange with the total number of shares that are 3,871,585,021. The Earnings per shares of the Company is 3.39 in 2020 which was 4.14 in 2019. The Profit after Taxation is 13,132,982,000 in 2020 which was 16,017,447,000 in 2019.