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KARACHI: JS Bank Limited has acquired 86,316,954 ordinary shares, constituting 7.79 percent paid-up capital of BankIslami Pakistan Limited from Emirates NBD Bank PSJC on November 11, 2022.

“In accordance with the approval granted by the State Bank of Pakistan, JS Bank has acquired 86,316,954 ordinary shares (constituting 7.79 percent paid-up capital) of BankIslami Pakistan Limited from Emirates NBD Bank PSJC on November 11, 2022,” material information sent to Pakistan Stock Exchange on Friday said.

Copyright Business Recorder, 2022

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