Sindh Bank appoints consultants for due diligence

State Bank of Pakistan on December 27, 2016, gave Sindh Bank, it's in principle approval to conduct due Diligence of Summit Bank. Accordingly, Sindh Bank after following the prescribed rules of SPPRA proposed the consortium of consultants to their Board of Directors in its meeting held on February 09, 2017. The Board approved the said consortium led by M/s. Grant Thornton Anjum Rahman, ("GT") ("Chartered Accountancy Firm") and Mohsin Tayebaly and Company ("MTC") for due diligence of Summit Bank Limited as so to start the process of their merger into Sindh Bank.
-PR