Summit Bank Limited, a commercial financial institution operating in Pakistan, underwent an official corporate name change to Bank Makramah Limited following a strategic acquisition of a controlling majority share by prominent international investor Nasser Abdulla Hussain Lootah. The transition to Bank Makramah Limited was formally announced to the stock exchange to reflect a renewed corporate vision, enhanced capital backing, and a commitment to delivering innovative retail and commercial banking services across its domestic branch network while preserving its foundational customer relationships.