December 27, 2014 4:05 AM ET

Banks

Company Overview of Soneri Bank Limited

Company Overview

Soneri Bank Limited provides various banking products and services in Pakistan. The company operates in Corporate, Trading and Sales, and Retail Banking segments. It offers saving accounts, current accounts, and term deposits; SME, agriculture, car, house, and personal finance products; and debit cards, as well as Islamic financing and deposit products. The company also provides home remittance, bancassurance, ATM, locker, Internet and telephone banking, and utility bills payment services, as well as trades fixed income, equity, foreign exchange, lending, and repo products. It operates through a network of 239 branches, including 9 Islamic banking branches in Pakistan. The company was incorp...

90-B-C/II, Liberty Market

Gulberg-III

Lahore,  

Pakistan

Founded in 1991

2,835 Employees

Phone:

92 42 3577 2376

Fax:

92 42 3577 2284

Key Executives for Soneri Bank Limited

Soneri Bank Limited does not have any Key Executives recorded.

Soneri Bank Limited Key Developments

Soneri Bank Limited, Board Meeting, Dec 11, 2014

Soneri Bank Limited, Board Meeting, Dec 11, 2014. Agenda: To consider the approval to issue term finance certificates for an amount of upto PKR 3,000 million subject to required regulatory approvals.

Soneri Bank Limited Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Soneri Bank Limited reported unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net interest income of PKR 1,562,595,000 compared to PKR 1,153,392,000 a year ago. Net interest income after provisions was PKR 1,410,593,000 compared to PKR 1,097,029,000 a year ago. Profit before taxation was PKR 681,519,000 compared to PKR 531,257,000 a year ago. Profit after taxation was PKR 456,432,000 compared to PKR 372,301,000 a year ago. Basic and diluted earnings per share was PKR 0.41 compared to PKR 0.34 a year ago. For the nine months, the company reported net interest income of PKR 4,452,651,000 compared to PKR 3,589,738,000 a year ago. Net interest income after provisions was PKR 4,003,225,000 compared to PKR 3,087,573,000 a year ago. Profit before taxation was PKR 1,749,778,000 compared to PKR 1,364,495,000 a year ago. Profit after taxation was PKR 1,120,269,000 compared to PKR 923,568,000 a year ago. Basic and diluted earnings per share were PKR 1.02 compared to PKR 0.84 a year ago.

Sonari Bank Limited Announces Board Changes

Soneri Bank Limited announced that Mr. Syed Ali Zafar has appointed as director with effect from October 14, 2014 in the place of Mr. Nadeem Karamat.

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