Sindh Bank

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.

Sindh Bank Limited

Sindh Bank Limited
TypeCommercial bank
IndustryBanking
Capital Markets
Founded24 December 2010
Headquarters
Karachi
,
Pakistan
Number of locations
330
Area served
Pakistan
ProductsLoans, Savings, Consumer Banking
SubsidiariesSindh Microfinance Bank
Websitehttps://sindhbank.com.pk/

Sindh Bank launched its new website of 1 June 2020.[1]

History

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. Administratively, the branches are spread over the following three geographical regions:

North, comprising 124 branches in Punjab, Islamabad, KPK, AJK and Gilgit; South, comprising 109 branches in Karachi and Baluchistan; and Sindh Rural comprising 97 branches.

See also

References
  1. Desk, BR Web (3 June 2020). "Sindh Bank launches its new website". Brecorder. Retrieved 4 June 2020.
  2. Hussain, Arshad (10 September 2018). "Sindh Bank and Summit Bank are merging. Who is the real buyer?". Profit by Pakistan Today.


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