Summit Bank Ltd
| Karachi Stock Exchange: SMBL
Similar to: Huntington Bancshares, Inc.
Summit Bank Ltd. operates as a holding company with interest in providing banking services. The company operates its business through five segments: Corporate finance, Trading and sales, Retail banking, Commercial banking & Payment and settlement. The Corporate Finance segment provides underwriting, securitization, investment banking, syndications, IPO related activities and secondary private placements services. The Trading and Sales segment undertakes treasury, money market and capital market activities. The Retail Banking segment provides services to small borrowers i.e. consumers, small and medium enterprises and to the agricultural sector. The Commercial Banking segment provides loans, deposits and other transactions to corporate customers. It offers customers a diverse range of electronic services and convenient banking options through various channels, such as ATMs, mobile phones and Internet. The Payment and settlement segment offers payments and collections, funds transfer, clearing and settlement services. The company was founded on December 9, 2005 and is headquartered in Karachi, Pakistan.