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In March 2008, a consortium comprising International Finance Corporation, Bank of Muscat, Nomura and Sinthos Capital led by Pakistani banker Shaukat Tarin acquired a majority stake in Saudi Pak bank for $213 million.
On March 31, 2008, a Consortium comprising of IFC, Bank Muscat, Nomura International and Sinthos Capital led by senior banker Mr. Shaukat Tarin acquired the Bank. The website links of sponsors of the Bank are given below:
May 2, 2023 · KARACHI: Silkbank is once again in the talks of the town. According to a filing to the Pakistan Stock Exchange (PSX) shared by the Silk Bank, United Bank Limited (UBL) has expressed interest in a potential merger with Silkbank Limited.
Silkbank stands for reliability, our institutional sponsors Nomura, IFC and Bank Muscat provide us with strong financial backing and a framework of good corporate governance, which will remain our guiding principle to cultivate trust and transparency with our customers, regulators and partners.
- 2,629 ( 2,305 on RocketReach )
- SILK
- $133 million
Sep 14, 2024 · Is Silkbank an acquired company? Silkbank got acquired by IFC, Bank Muscat and Nomura on Mar 31, 2008.
Silkbank stands for reliability, our institutional sponsors Nomura, IFC and Bank Muscat provide us with strong financial backing and a framework of good corporate governance, which will...
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What is Silkbank Limited?
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Aug 14, 2012 · Business description: Silkbank Limited. Silkbank Limited (the Bank) is a Pakistan-based bank, which is engaged in providing banking services. The Bank's segments include Wholesale Banking, Treasury, and Consumer/SME Banking.
