Samba Bank Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 23, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2020 which portrayed a profit of Rs. 250,693 with earnings per share 0.25 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

The announcement is available at:

https://dps.psx.com.pk/download/document/146402.pdf

Samba Bank Limited is a banking company incorporated in Pakistan. It is engaged in the business of commercial banking and other related services. The Bank is a subsidiary of SAMBA Financial Group of Saudi Arabia, which holds 80.68% shares of the Bank as at December 31, 2012. The registered office of the company is located in Karachi. The shares of the bank are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan.

The businesses of the bank include providing corporate banking, investment banking, treasury and transactional services to its customers.

The symbol "SBL" is being used by the stock exchanges for the shares of Samba Bank Limited.

© Pakistan Press International, source Asianet-Pakistan