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<a href="http://www.accessmylibrary.com/coms2/summary_0286-24922181_ITM" title="Facts and information about PAKISTAN'S AL FAYSAL INVESTMENT BANK MERGES WITH FAYSAL BANK.">PAKISTAN'S AL FAYSAL INVESTMENT BANK MERGES WITH FAYSAL BANK.</a>
PAKISTAN'S AL FAYSAL INVESTMENT BANK MERGES WITH FAYSAL BANK.
AsiaPulse News
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January 02, 2002 |
COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
KARACHI, Jan 2 Asia Pulse - Al Faysal Investment Bank Limited (AFIBL) has been merged with Faysal Bank Limited (FBL) under a Scheme of Arrangement for Amalgamation from January 1, the banks announced on Monday. A press release of the bank said: "As of January 1, 2002 Al Faysal Investment Bank Limited (AFIBL) has been merged with Faysal Bank Limited (FBL) under a Scheme of Arrangement for Amalgamation under section 48 of the Banking Companies Ordinance 1962."
The merger has been duly approved by the shareholders of both institutions and sanctioned by the State Bank of ...
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Source: HighBeam Research, PAKISTAN'S AL FAYSAL INVESTMENT BANK MERGES WITH FAYSAL BANK.