JS Bank Acquires Majority Stake in BankIslami Pakistan0

• Tech
• September 7, 2023

JS Bank has acquired an additional 67.33% stake in BankIslami Pakistan Limited, further solidifying its position in Pakistan’s banking sector. This strategic move makes BankIslami a subsidiary of JS Bank and aligns with JS Bank’s commitment to expanding its product offerings, particularly in Islamic banking. Despite this acquisition, both banks will continue to operate independently,