Standard Chartered Bank Pakistan Announces Substantial Distributions

Karachi, Standard Chartered Bank Pakistan Ltd. (SCBPL) showcased a notable financial disclosure with impressive distribution rates amid its recent PSE filings. The bank posted a today’s rate of Rs. 45.38, closely matched by its average rate of Rs. 45.12. SCBPL declared a 40% distribution for 2022 and an enhanced 67.50% for 2023, highlighting its robust financial health. The bank’s substantial paid-up capital is reported at Rs. 38,715.85 million, and it continues to engage a significant market lot of 500.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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