Karachi, Bank of Punjab informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on August 29, 2016 at Lahore. The agenda of the meeting shall be consideration of half yearly accounts for the period ended June 30, 2016.
Further, the closed period of the company shall be from August 22, 2016 to August 29, 2016 (both days inclusive).
The Bank of Punjab constituted pursuant to The Bank of Punjab Act, 1989. It acquired the status of a scheduled bank on September 19, 1994 awarded by the State Bank of Pakistan. The registered office of the bank is located in Lahore along with a growing number of 306 branches. Majority shares of the bank are held by the Government of Punjab. The bank is listed on Karachi, Lahore and Islamabad stock exchanges.
The bank has also acquired the permission for commencement of Islamic Banking Operations by the State Bank of Pakistan. The products of the bank include Islamic banking, retail banking, retail finance, payment services, corporate banking and commercial banking.
The symbol “BOP” is being used by the stock exchanges for the shares of The Bank of Punjab.