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Annual general meeting of JS Bank Limited to be held on March 27, 2015

Karachi: JS Bank Limited informed Karachi Stock Exchange that annual general meeting of the bank is scheduled to be held on March 27, 2015 at Karachi. The agenda of the meeting will be appointing and fixing the remuneration of the auditors for the year ending December 31, 2015 and considering the payment of cash dividend of 12%. Election of Directors for forthcoming period of three years from appointment date shall also be considered in the meeting. JS Bank Limited is incorporated in Pakistan as a scheduled bank engaged in commercial banking and related services. It is a subsidiary of Jahangir Siddiqui and Company Limited. The bank has a branch network of 211 branches in Pakistan. The stocks of the company are quoted on the Karachi Stock Exchange in Pakistan. The registered office of the company is located in Karachi. JS Bank Limited has been formed after the merger and amalgamation of Jahangir Siddiqui Investment Bank Limited and commercial banking operations of American Express Bank Ltd Pakistan. The bank commenced operations in Pakistan as a fully scheduled bank on December 30, 2006. It has a Primary Dealer license for government securities from the State Bank of Pakistan. The core activities of the bank are in the segment of retail and consumer banking, treasury, corporate and commercial banking and investment banking. The symbol “JSBL” is being used by the stock exchanges for the shares of JS Bank Limited.

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