Saudi Pak Bank
A subsidiary of SaudiPak Industrial & Agriculture Investment Company (SAPICO), a joint venture between the governments of Saudi Arabia and Pakistan, Saudi Pak Bank is a progressive institution set apart by our professionalism, commitment and a wide range of innovative, customer-centric & technologically advance products & services. Saudi Pak Bank offer their services across a growing network of 50 online branches spanning 21 cities across Pakistan. On September 15 2001, under the supervision of the State Bank of Pakistan (SBP), the institution then known as the Prudential Bank was acquired by the management and associates of the Saudi Pak Industrial and Agricultural Investment Company (Pvt) Ltd (SAPICO). To underline its commitment to the enterprise, SAPICO retained the majority shareholding in the newly formed institution giving it a strong element of stability and security. The Saudi Pak Bank is registered at the Karachi Stock Exchange (KSE) and has its Central Offices located in Karachi. The SaudiPak Industrial and Agricultural Investment Company (Pvt) Ltd. (SAPICO) is a joint venture between the governments of Saudi Arabia and Pakistan, and an entity with a demonstrated commitment to the development of Pakistan. SAPICO is a private limited company and Development Finance Institution (DFI) regulated by the State Bank of Pakistan that was established in 1981. Through its extensive endeavors, SAPICO aims at strengthening economic cooperation between the brotherly people of Saudi Arabia and Pakistan, with a commitment towards adding value for its stockholders through capital formation and investment related activities in Pakistan.
