Silkbank

Park View Enclave has filed a lawsuit against the merger of Silkbank and UBL – Trendy Blogger

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Park View Enclave has filed a lawsuit against the merger of Silkbank and UBL – Trendy Blogger

Park View Enclave (Private) Limited has filed a lawsuit in the Sindh High Court, Karachi against Shaukat Faiz Tareen and others, challenging the proposed merger of Silkbank Limited with United Bank Limited (UBL). The merger is taking place under a scheme approved by the State Bank of Pakistan in accordance with Section 48 of the … Read more

The shareholders approve the merger of Silkbank with and into United Bank Limited – Trendy Blogger

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The shareholders approve the merger of Silkbank with and into United Bank Limited – Trendy Blogger

The shareholders of Silkbank Limited approved the merger of the bank with and into United Bank Limited (UBL). The decision was taken at the Extraordinary General Assembly Meeting held on Thursday, 26 December 2024, and remains subject to regulatory approvals. This decision follows UBL’s offer dated 31 October 2024 for the proposed merger. On November … Read more