KARACHI – The re-launch of Summit Bank, formerly known as Arif Habib Bank, has been formally announced by bank management. “We have many products in the pipeline to cater to varying financial needs of all the customer segments,” Summit Bank President and CEO Husain Lawai, said at the launching ceremony.
After a successful merger with Atlas Bank, the Summit Bank has an augmented network of 80 branches having presence in 20 different cities across Pakistan and Azad Jammu and Kashmir. As part of the merger deal, the bank’s consolidated customer deposits have gone up to Rs 62 billion with the number of accounts rising to about 100,000 and advances amounting to Rs 40 billion.
Addressing the media, Lawai said, “We want to give our customers satisfactory banking experience that is geared towards offering banking solutions in line with the changing consumer requirements.”
The chief executive said, “Our customers would now benefit from a wider range of products and services, as well as an expanded network of branches with several onsite and offsite ATMs across the country.”
