Islamabad, March 15, 2016 (PPI-OT): NIB Bank Limited (“NIB”) announced today that MCB Bank Limited (“MCB”) and Fullerton Financial Holdings Pte. Ltd (“FFH”), being the majority shareholder of NIB through its wholly-owned subsidiary Bugis Investments (Mauritius) Pte. Ltd., are in preliminary, non-binding discussions for a possible merger of NIB with and into MCB under the …
Notice of book closure of NIB Bank Limited
Web Desk Comment Closed Miscellaneous
Karachi: NIB Bank Limited informed Karachi Stock Exchange about book closure of profit payment and redemption of 2nd TFC issue of NIB Bank Limited due on June 19, 2015. The closed period of the company is from June 10, 2015 to June 19, 2015 (both days inclusive). NIB Bank Limited is incorporated in Pakistan the operations of which started in October, 2003. It is a scheduled commercial bank and is principally engaged in the business of banking as defined in the Banking Companies Ordinance, 1962. The business of the bank is Consumer Banking, Commercial Banking and Wholesale Banking. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchange of Pakistan. The registered office of the bank is located in Islamabad. The bank is a subsidiary of Bugis Investments (Mauritius) Pte. Limited which is a wholly owned subsidiary of Fullerton Financial Holdings Pte. Limited which in turn is a wholly owned subsidiary of Temasek Holdings, an investment arm of the Government of Singapore. Temasek Holdings of Singapore continues to be the largest single investor in NIB Bank with a stake in excess of 88%. The branch network of the bank includes 179 branches across the country. The symbol “NIB” is being used by the stock exchanges for the shares of NIB Bank Limited.
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Board meeting of NIB Bank Limited
Web Desk No Comment Literacy
Karachi, NIB Bank Limited informed Karachi Stock Exchange about the board meeting of the company scheduled to be held on February 25, 2015 at Karachi. The agenda of the meeting shall be consideration of accounts for the year ended December 31, 2014. NIB Bank Limited is incorporated in Pakistan the operations of which started in October, 2003. It is a scheduled commercial bank and is principally engaged in the business of banking as defined in the Banking Companies Ordinance, 1962. The business of the bank is Consumer Banking, Commercial Banking and Wholesale Banking. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchange of Pakistan. The registered office of the bank is located in Islamabad. The bank is a subsidiary of Bugis Investments (Mauritius) Pte. Limited which is a wholly owned subsidiary of Fullerton Financial Holdings Pte. Limited which in turn is a wholly owned subsidiary of Temasek Holdings, an investment arm of the Government of Singapore. Temasek Holdings of Singapore continues to be the largest single investor in NIB Bank with a stake in excess of 88%. The branch network of the bank includes 179 branches across the country. The symbol “NIB” is being used by the stock exchanges for the shares of NIB Bank Limited.
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Material information of NIB Bank Limited
Web Desk No Comment Material Information
Karachi, NIB Bank Limited informed Karachi Stock Exchange about interest from a few parties in potentially acquiring the banks equity stake in its wholly owned subsidiary, PICIC Asset Management Limited. The management of the bank is currently evaluating the feasibility of pursuing transaction for possible disinvestment of its equity stake. NIB Bank Limited is incorporated in Pakistan the operations of which started in October, 2003. It is a scheduled commercial bank and is principally engaged in the business of banking as defined in the Banking Companies Ordinance, 1962. The business of the bank is Consumer Banking, Commercial Banking and Wholesale Banking. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchange of Pakistan. The registered office of the bank is located in Islamabad. The bank is a subsidiary of Bugis Investments (Mauritius) Pte. Limited which is a wholly owned subsidiary of Fullerton Financial Holdings Pte. Limited which in turn is a wholly owned subsidiary of Temasek Holdings, an investment arm of the Government of Singapore. Temasek Holdings of Singapore continues to be the largest single investor in NIB Bank with a stake in excess of 88%. The branch network of the bank includes 179 branches across the country. The symbol “NIB” is being used by the stock exchanges for the shares of NIB Bank Limited.
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NIB Bank Limited’s book closure-tenth redemption
Web Desk No Comment Miscellaneous
Karachi, February 04, 2013 (PPI-OT): This is to inform you that for the purpose of profit payment/ redemption of TFC Issue of NIB Bank Limited (NIB) due on 5th March […]
NIB Bank Limited’s FREE-FLOAT OF SHARES
Web Desk No Comment Miscellaneous
Karachi, January 14, 2013 (PPI-OT): In accordance with the Listing Regulations of the Stock Exchanges, we provide the Free-Float of shares of NIB Bank Limited (NIB) as on 31st December […]
NIB Bank Limited’s purchase of shares
Web Desk No Comment Miscellaneous
Karachi, September 17, 2012 (PPI-OT): Pursuant to Chapter V, Clause 16 (6) of the Listing Regulation, we would like to inform you that Mr. Irfan Qureshi (an executive of NIB […]
NIB Bank Limited’s financial results for the half year ended June 30, 2012
Web Desk No Comment Financial Results
Karachi, August 16, 2012 (PPI-OT): We have to inform you that the Board of Directors of our Bank in its meeting held on Wednesday, the 15th August 2012 at 11.30 […]
NIB Bank Limited’s meeting in progress – NIB Bank Limited – board meeting dated 15.08.2012 financial results for half year ended 30th June 2012
Web Desk No Comment Financial Results, Literacy
Karachi, August 16, 2012 (PPI-OT): This s to inform you that the meeting of the Board of Directors of NIB Bank Limited (NIB) is still in progress. Therefore, the Financial […]
NIB Bank Limited’s board meeting for approval of half-yearly accounts and announcement of closed period
Web Desk No Comment Literacy
Karachi, August 08, 2012 (PPI-OT): This is to inform you that a meeting of the Board of Directors of NIB Bank Limited (NIB) is scheduled for Wednesday, the 15th August […]