July 30, 2014 4:29 PM ET

Banks

Company Overview of Silk Bank Limited

Company Overview

Silk Bank Limited provides various banking services for retail and corporate customers, and financial institutions in Pakistan. The company operates through two segments, Wholesale Banking and Consumer/SME Banking. It offers various deposit products, which include current accounts, foreign currency accounts, savings accounts, and term deposits. The company’s loan products include consumer loans; loans for small and medium enterprises; mortgage loans; auto finance; and unsecured loans. It also provides corporate banking services, including working capital finance, pre and post shipment export financing, import financing, and receivable discounting, as well as trade services, such as letters o...

Silkbank Building

I.I. Chundrigar Road

Karachi,  

Pakistan

Founded in 1994

1,211 Employees

Phone:

92 21 111 007455

Fax:

92 21 324 60464

Key Executives for Silk Bank Limited

Silk Bank Limited does not have any Key Executives recorded.

Silk Bank Limited Key Developments

Silk Bank Limited Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2014

Silk Bank Limited announced unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net mark-up/interest income of PKR 882,386,000 compared to PKR 422,071,000 a year ago. Profit before taxation was PKR 41,902,000 compared to loss before taxation of PKR 354,532,000 reported a year ago. Profit after taxation was PKR 66,840,000 or PKR 0.03 per basic and diluted share compared to loss after taxation of PKR 219,418,000 or PKR 0.08 per basic and diluted share reported a year ago.

Silk Bank Limited, Board Meeting, Apr 23, 2014

Silk Bank Limited, Board Meeting, Apr 23, 2014., at 11:00 Pakistan Standard Time. Agenda: To consider quarterly accounts for the period ended March 2014 for declaration of any entitlement.

Silk Bank Limited Reports Earnings Results for the Year Ended December 31, 2013

Silk Bank Limited reported earnings results for the year ended December 31, 2013. For the year, the company reported loss before taxation of PKR 1,528,078,000 compared to PKR 529,269,000 reported a year ago. Loss after taxation was PKR 1,156,562,000 or PKR 0.43 per basic and diluted share compared to PKR 344,271,000 or PKR 0.13 per basic and diluted share reported a year ago. Net mark up/Interest income was PKR 2,159,756,000 compared to PKR 1,902,228,000 reported a year ago.

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