Silk bank Limited Announces Executive Changes

Silkbank Limited (the Bank) is a Pakistan-based bank, which is engaged in providing banking services. The Bank's segments include Wholesale Banking, Treasury, and Consumer/SME Banking. The Wholesale Banking segment offers deposits, trade and other lending activities for corporates and financial institutions. The Treasury segment undertakes the Bank's treasury, money market, and capital market activities. The treasury manages the asset and liability mix of the Bank and provides customers with a range of products that meet their demand for management, of liquidity, cashflow, interest rate fluctuations and foreign exchange risks. The Consumer/SME Banking segment provides wealth management, deposits, mortgages, auto finance, unsecured lending, and small and medium-sized enterprises (SME) lending, including SME trade. The Bank also offers Internet banking. It provides working capital finance, pre and post shipment export financing, import financing, and receivable discounting.