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Mobilink Bank to acquire 82.51pc stake in Apna Bank

ISLAMABAD: Mobilink Bank has signed a Sale Purchase Agreement (SPA) to acquire 82.51 percent shareholding in Apna Microfinance Bank Limited (Apna Bank), subject to applicable legal and regulatory approvals. The proposed acquisition is an extension of Mobilink Bank’s “Growth with Purpose” strategy, reflecting our commitment to responsible growth, financial inclusion, and a stronger, more resilient…

First reported by Dawn Latest report 2 sources
Image: Business Recorder
Image: Business Recorder
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  1. Dawn

    Mobilink to acquire Apna Bank (opens Dawn in a new tab)

    KARACHI: Mobilink Bank has signed a sale-purchase agreement to acquire an 82.51 per cent shareholding in PSX-listed Apna Microfinance Bank Ltd, subject to legal and regulatory approvals. Mobilink Bank President and Chief Executive Haaris M. Chaudhary and Apna…

  2. Business Recorder

    Mobilink Bank to acquire 82.51pc stake in Apna Bank (opens Business Recorder in a new tab)

    ISLAMABAD: Mobilink Bank has signed a Sale Purchase Agreement (SPA) to acquire 82.51 percent shareholding in Apna Microfinance Bank Limited (Apna Bank), subject to applicable legal and regulatory approvals. The proposed acquisition is an extension of Mobilink…

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