Adeel Rashdi's Contact Details

Adeel Rashdi's Company Details

Summit Bank Limited

Karachi, Sindh, PK • 1326 Employees
Other

Summit Bank Limited (SMBL) emerged in 2010 when Suroor Investment Limited successfully acquired 59.41% stakes of Arif Habib Bank. Subsequently, SMBL further expanded its reach in Pakistan by acquiring majority shares of MyBank Limited and Atlas Bank Limited. Today, SMBL stands as a customer-centric bank that is experiencing steady growth in Pakistan. With a presence in over 60 cities, the Bank offers a wide range of technology-led, value-adding, and innovative banking products and services. SMBL’s network comprises of 190+ branches and 240+ ATMs, ensuring convenience and accessibility for its valued customers. SMBL’s aim is to become a leading Islamic bank, merging tradition and heritage with commitment, flexibility, innovation, and a forward-thinking approach in all its offerings. In line with the organizational ethos of prioritizing the advancement of customers and empowering them to achieve more, the Bank has successfully transformed 45+ branches into licensed Islamic branches. Furthermore, SMBL has recently secured a substantial investment from H.E Nasser Abdullah Lootah, a prominent investor based in the UAE. By investing PKR 10 Billion, H.E Nasser Abdullah Lootah has obtained a majority equity stake in the Bank. This new partnership will significantly strengthen the Bank’s capital base, enabling it to expand its operations and introduce new and exciting products and services to cater to the evolving needs of the customers. SMBL is committed to delivering exceptional banking experiences and driving the progress of its customers. With the support of the investors and the dedication of the team, the Bank is confident in its ability to share its vision of becoming a leading Islamic bank in Pakistan and beyond.