IGI Securities Limited – Investor Kit

Karachi, August 09, 2018 (PPI-OT):Top News

The State Bank of Pakistan (SBP) said on Wednesday thatNIFT has not discontinued Summit Bank membership andclearing operations for the bank continue smoothly.According to a statement, the State Bank has noticedmisleading rumours spreading in social media regardingclearing operations of Summit Bank Ltd. It is clarified thatNIFT (National Institutional Facilitation Technologies), whichprovides clearing services for banks, has not discontinuedits membership or its services in any w ay for the SummitBank, the SBP said. https://fp.brecorder.com/2018/08/20180809397930/