Silkbank Company Description

Silkbank Limited provides retail, corporate, and Islamic banking products and services in Pakistan.

It accepts deposit products, such as current accounts, foreign currency accounts, savings accounts, and term deposits; and offers loan products, including consumer and SME loans.

The company also provides corporate banking services, including working capital finance, pre and post shipment export financing, import financing, and receivable discounting, as well as trade services comprising letters of credit, letters of guarantee, standby letters of credit, etc. In addition, it offers investment banking services, such as long term and short-term debt advisory services; the placement of debt/equity issues to bank and non-bank participants; and other advisory services consisting of debt syndications, private equity, transactions, mergers and acquisitions, restructurings, and buy/sell-side advisory.

Further, the company provides treasury services, including fixed income trading, forex market, and money market services; cash management services, such as payments, collections, and accounts services; and customized services to middle market customers.

Additionally, it offers various insurance products; debit and credit cards; utility bills payment and remittance services; and Internet, phone, and mobile banking services.

The company was formerly known as Saudi Pak Commercial Bank Limited and changed its name to Silk bank Limited in June 2009.

Silkbank Limited was incorporated in 1994 and is headquartered in Karachi, Pakistan.

Silkbank Limited

Country	Pakistan
Founded	1994
Industry	Banking Services
Sector	Financials
Employees	1,482
CEO	Shahram Bakhtiari

Contact Details

Address: No. 13 Com 3 Mall Bilawal Chorangi Karachi, 75600 Pakistan
Phone	92 21 111 00 7455
Website	silkbank.com.pk

Stock Details

Ticker Symbol	SILK
Exchange	Pakistan Stock Exchange
Fiscal Year	January - December
Reporting Currency	PKR
ISIN Number	PK0072501015
SIC Code	6020

Key Executives

Name	Position
Shahram Bakhtiari	Chief Executive Officer
Khurram Khan	Chief Financial Officer