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Karachi, Summit Bank Ltd (SMBL) faces significant challenges in the current economic environment, with a rate of Rs. 1.82. The bank, which has a paid-up capital of Rs. 66,222.21 million, did not announce any distributions for the year 2023. SMBL’s shares ranged between a high of Rs. 2.51 and a low of Rs. 1.5 this year, compared to last year’s negative low of Rs. (1.09). The bank has been a part of the Pakistan Stock Exchange since 2008.
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