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Fauji Foundation seeks majority stake in Silkbank - Newspaper

KARACHI: Fauji Foundation (FF) has expressed interest in acquiring the majority stake in Silkbank Limited, the bank said in a regulatory filing with the Pakistan Stock Exchange on Thursday. As part of the process, Silkbank had been requested to allow FF to conduct due diligence of the bank. In this regard, FF intended to apply to the State Bank of Pakistan (SBP) for the requisite approval. Silkbank said that in a meeting on Jan 28, its Board — subject to the approval of SBP — had given its ...
Fauji Foundation Panther Tyres Arif Habib Pakistan Stock Exchange On Silkbank Limited Pakistan Stock Exchange
Source: dawn.com

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