Islamabad, December 26, 2024 – In a decisive move towards financial stability and growth, the shareholders of Bank Makramah Limited (BML) have overwhelmingly approved the Scheme of Arrangement for restructuring the bank during an Extraordinary General Meeting (EGM) held yesterday. The scheme, filed with the Islamabad High Court under Sections 279 to 283 and 285(8) […]
Bank Makramah Limited Approves Landmark Restructuring Scheme to Strengthen Capital Base
Karachi: Bank Makramah Limited (BML) has taken a significant step toward fortifying its financial foundation with the Board of Directors approving a comprehensive restructuring scheme. The transformative initiative reflects the sponsors’ firm commitment to the Bank’s long-term growth and sustainability. A key element of the restructuring involves the amalgamation of Global Haly Development Limited (GHDL) […]