For the bank based in Summit, New Jersey, see Summit Bancorp.
Bank Makramah Limited
Formerly
Arif Habib Bank Summit Bank
Company type
Public
Traded as
PSX: SMBL
Industry
Banking
Founded
2006; 18 years ago (2006)
Headquarters
Karachi-75600,
Pakistan
Number of locations
193[1] (2022)
Key people
Waseem Mehdi Syed (Chairman)
Jawad Majid Khan (CEO)
Products
bank loans
debit cards
savings accounts
Revenue
Rs. -867 million (US$−3.0 million)[1] (2022)
Operating income
Rs. -7.29 billion (US$−25 million)[1] (2022)
Net income
Rs. -3.16 billion (US$−11 million)[1] (2022)
Total assets
Rs. 140.71 billion (US$490 million)[1] (2022)
Number of employees
1,645[1] (2022)
Parent
Suroor Investments Limited
Website
www.bankmakramah.com
Bank Makramah in Karachi
Bank Makramah Limited (Urdu: بینک مکرمہ لمیٹڈ), formerly Summit Bank, is a Pakistani Islamic bank, which is a subsidiary of Suroor Investment, an investment firm based in Mauritius. It is based in Karachi, Pakistan.[2] a Mauritius investment company. It has a network of 193 branches across the country.
^ abcdef"Summit Bank Annual Report 2022" (PDF). summitbank.com.pk. Retrieved 22 November 2023.
^"Suroor Investment acquires AHBL". Dawn. 2 July 2009. Retrieved 6 August 2019.
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Global Information
Rs. -867 million (US$−3.0 million)[1] (2022)
Rs. 140.71 billion (US$490 million)[1] (2022)