Askari

Askari Bank increases capital for currency exchange subsidiary D_Trends

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Askari Bank increases capital for currency exchange subsidiary D_Trends

Askari Bank Limited has announced an increase in the authorized and paid-up capital of its wholly-owned subsidiary, Askari Currency Exchange (Pvt.) Limited.  The decision was approved by the bank’s Board of Directors during a meeting held on August 29, 2024. According to a disclosure made to the Pakistan Stock Exchange (PSX) on Thursday, the board … Read more

Askari Currency Exchange receives license from SBP to commence operations  D_Trends

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Askari Currency Exchange receives license from SBP to commence operations  D_Trends

Askari Bank Limited has announced that its wholly-owned subsidiary, Askari Currency Exchange (Pvt.) Limited, has received the necessary license from the State Bank of Pakistan (SBP) to commence operations.  This development follows the issuance of a certificate of incorporation by the Securities and Exchange Commission of Pakistan (SECP) on April 19, 2024. “We are pleased … Read more