Soneri Bank Demonstrates Steady Performance in Competitive Banking Sector

Karachi, Soneri Bank Ltd. (SNBL) reported a steady performance in a competitive banking sector with a rate today of Rs. 9.62 and an average rate of Rs. 9.60. The bank, with a paid-up capital of Rs. 11,024.64 million, declared a 15% distribution for the year 2023. Soneri Bank’s shares have experienced a high of Rs. 10.88 and a low of Rs. 8.14 this year, indicating a stable market position from last year’s low of Rs. 2.59. The bank has been listed on the Pakistan Stock Exchange since 1992.