×

BANK MAKRAMAH LIMITED ACHIEVES SBP MINIMUM CAPITAL REQUIREMENTS — MARKING A LANDMARK TURNAROUND IN PAKISTAN’S BANKING SECTOR

Karachi, November 19, 2025: Bank Makramah Limited (BML) is pleased to announce that it has successfully met the Minimum Capital Requirements (MCR) set by the State Bank of Pakistan. This milestone follows the sanction order of the Islamabad High Court approving the Scheme of Arrangement between Bank Makramah Limited and Global Haly Development Limited (GHDL), a central component of the Bank’s comprehensive restructuring plan.

This achievement reflects the exceptional commitment and support of the Sponsor, His Excellency Nasser Abdulla Hussain Lootah, whose total investment in the Bank has now reached PKR 41 Billion. This includes PKR 10 Billion injected in 2023, another PKR 5 Billion earlier this year, and the capital impact of the amalgamation. This unprecedented level of investment underscores the Sponsor’s unwavering confidence in BML’s future and in Pakistan’s financial landscape.

BML’s financial performance continues to strengthen, as the Bank recorded a robust pre-tax profit of PKR 1.75 Billion for the nine-months period ended September 30, 2025. This success is a direct result of the relentless efforts of the Board, management, and dedicated staff.

“This is more than a regulatory milestone — it is one of the most remarkable turnarounds of a financial institution in Pakistan,” a BML spokesperson said. “We are entering a new era of growth, stability, and renewed strategic momentum. Our focus remains firmly on delivering sustained value to our shareholders, customers, and stakeholders.”

With this accomplishment, Bank Makramah Limited stands on a strengthened foundation, ready to accelerate its transformation journey and contribute significantly to Pakistan’s banking sector.