The Sindh Bank Limited (Urdu: سندھ بینک لمیٹڈ) 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.
 | |
| Company type | Commercial bank |
|---|---|
| Industry | Banking Capital Markets |
| Founded | 24 December 2010 |
| Headquarters | Karachi-75600 , |
Number of locations | 330 |
Area served | Pakistan |
| Products | Loans, Savings, Consumer Banking |
| Subsidiaries | Sindh Microfinance Bank |
| Website | https://sindhbank.com.pk/ |
Sindh Bank launched its new website of 1 June 2020.[1]
History edit
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-Baltistan; South, comprising 109 branches in Karachi and Balochistan; and Sindh Rural comprising 97 branches.
See also edit
References edit
- ^ Desk, BR Web (3 June 2020). "Sindh Bank launches its new website". Brecorder. Retrieved 4 June 2020.
- ^ Hussain, Arshad (10 September 2018). "Sindh Bank and Summit Bank are merging. Who is the real buyer?". Profit by Pakistan Today.
External links edit
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