What is Summit Bank now called?
Summit Bank has officially changed its corporate name to Bank Makramah Limited following a major acquisition of a controlling stake by the Dubai-based investor His Excellency Nasser Abdulla Hussain Lootah. Alongside this corporate renaming, the financial institution embarked on a comprehensive strategic transformation plan to convert its conventional banking framework into a full-fledged Shariah-compliant Islamic bank, transitioning its branch network and service models to adhere strictly to Islamic financial principles across Pakistan.
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