UAE Investor Acquires Majority Shareholding and Management Control of Summit Bank - Press Release
Please read as our President & CEO, Mr. Jawad Majid Khan writes in the Business Recorder about the current state of the country’s economy and measures that should be taken to rectify it: Redefining Pakistan’s Economy
We have updated in Customer Guideline Section the Detailed Instructions / SOP (revised & updated) on Issuance of Premium Prize Bond (Registered) through Commercial Banks (Authorized Branches Only) to Individual Investors Only (Initially corporate investors were also eligible which has now been restricted w.e.f. July 01, 2020)
Dear Valued Customers of Summit Bank Limited, It is important to inform you that some unidentified elements/fraudsters are contacting banking unverified account holders of biometric to share their personal information/account details, through email/messages/phone calls. We would like to advise our valued customers that it is not bank policy to ask their customers to provide such personal information through emails & SMS. If you receive any call, email or SMS asking about your Account details, then please do not share the aforementioned i.e. your Pin code ,OTP and Password. The fraudsters in question are approaching bank account holders after the deadline for biometric verification and misleading them through emails/messages 'that due to some system error, their bank account verification process was unsuccessful, therefore, these account holders are required to visit sites like http://www.bvspakistan.com for verification'. Please beware of such scams and always keep your personal information confidential, never provide it to anyone through email. A Summit Bank employee will never force you to share your account details
Dear Valued Stakeholder of Summit Bank Limited, We would like to inform that some unscrupulous individuals/elements have initiated a malicious campaign on the social media to damage the business and image of Summit Bank Limited. Please note that the Bank is smoothly carrying out its business and meeting all its obligations to depositors and customers in a normal manner. Moreover, the Bank holds ample liquidity/funds to carry out its business operations. Such fake news aim not only to damage the interest of the Bank but also the interest of our valued stakeholders including but not limited to the depositors, customers and general public. We therefore strongly deny these false and baseless rumors about the Bank and request you not to pay attention to such rumors. The management of the Bank has a zero tolerance policy towards such false and baseless media rumors and taken a serious note of this incident by already filing a complaint with Federal Investigation Authority (FIA) Cyber Crime Wing, requesting for a strict action against such individuals/elements. The management would take all further necessary steps to safeguard the interest of the Bank and its stakeholders. We would also like to thank all our valued stakeholders for their continued confidence and trust reposed in the Bank.
Prize money claims of National Prize bonds through Designated Conventional Branches up to PKR 500,000/- are accepted
Dear Customer, In pursuance of our massage on 19.9.18 for discontinuation on Dolmen Card. Kindly redeem your loyalty points before 20.10.18.For query 021-1111-24365
We regret to inform you that Dolmen Loyalty Card will be discontinued from 20th October 2018. For queries, call us anytime at 021-1111-24365.
Summit bank rejects baseless Rumours
It is to clarify that NIFT's clearing services are operating normally for all the banks including Summit Bank and there is no stoppage or difficulty with respect to any inward/outward same day/normal clearings etc. Click here to see the NIFT's official letter addressed to all the banks.
Summit Bank Limited has described rumours circulating in social media about the Bank as false, baseless and misleading. According to bank’s statement issued on Tuesday, this refers to the false, misleading and baseless rumours being circulated in social media by some unscrupulous individuals about normal clearing activity or business operations of Summit Bank Limited (the Bank) in view of the NCCPL’s letter no. NCCPL/CRO/131/18 August 02,2018.
“We would like to clarify that NCCPL’s letter has no impact on normal business operations and normal customer clearing activity of the bank i.e. RTGS, clearing of cheques , pay order or other banking instruments etc. and only pertains to the stock exchange related settlement transactions of brokerage houses/PSX members,” it added.
Summit Bank therefore reiterated that all such rumours circulating in the social media about the Summit Bank are false, baseless and misleading.
The public in general and depositors of the Bank in particular are advised not to pay attention to any such rumours. Moreover, Summit Bank in taking strict legal action against the individuals involved in this false and baseless campaign on social media, the bank said. -PR
Donations to "Prime Minister and Chief Justice of Pakistan Fund For Diamer Bhasha and Mohmand Dam" are accepted by Summit Bank in all its branches across Pakistan, IBAN: PK54SUMB0201027140177144 A/C No: 01-02-01-20311-714-177144. For details 021 1111 24365"
(Not To Effect Summit Bank Depositors)
Click here to view the circular (English)
Click here to view the circular (Urdu)
It is to inform you that our call center 24/7 contact number has been changed, for further detail please contact on our new contact number for 24/7 call center 021-1111-24365
Schedule of Charges of Summit Bank for the period 01 July - 31 Dec 2018 has been issued. For details click here . For more queries, call 021-1111-24365.
We regret to inform you that this product ( Visa Prepaid Card) will be discontinued. Please contact your nearest branch at your convenience to refund the available balance in your card account and closure of the card account by May 14th 2018. Click here
Schedule of Charges of Summit Bank for the period 01 July - 31 Dec 2017 has been issued. For details click here http://summitbank.com.pk/index.php/customer-guidelines/. For more queries, call 0800 24365.
Karachi, 12th April, 2017: Summit Bank has further enhanced its collaboration with NAFA, one of Pakistan’s leading asset management companies, by launching a co-branded Summit-NAFA Visa debit card, powered by the international payment scheme Visa. Click here to view the complete press release.
Summit Bank is pleased to announce the conversion of its Dolmen City Branch, Karachi into Islamic Banking Branch. Thus continuing to enhance the banks contribution towards provision of Shariah Compliant Products and Services. For further details please contact our 24/7 Call Centre at 0800-24365 or Dolmen City Branch. Click here to view Notice
Summit Bank & Keenu Net Connect proudly brings the convenience to shop online & login to Summit Bank’s Internet banking to pay for your shopping right away. For more click here, http://summitbank.com.pk/index.php/keenu-net-connect/
SBP vide Circular No.2 dated 11th June 2015 issued instructions to the banks that old design banknotes are exchangeable from banks till 30th November 2016 only. Click to view: http://www.sbp.org.pk/acc/notesexch.htm Note : 1. General public can exchange these old design banknotes from: a) Branches of commercial banks b) SBP BSC Offices 2. General Public can deposit these banknotes in their bank accounts till 30th November 2016.
Now our Burns Road Branch is also offering Islamic Banking Services. Visit our branch today near Artillery Maidan Quarters and avail shariah compliant services from the Bank that is always committed to you
Islamic Banking Window has now opened in Wah Cantt, Hayatabad, Mansehra & Mardan. Alhumdulliah, Summit Bank is growing and progressing day by day towards Islamic Banking, serving our customers with best possible Shariah Compliant services.
Summit Bank is on the course of conversion into a full fledge Islamic Bank. Alhamdolillah, our 30 branches are now offering Islamic banking products & Services and further more branches will be added to the network during the year.
Summit Bank proudly opens today its Islamic Banking Window at PAF Base Faisal Karachi. Thus enhancing the banks contribution towards provision of Shariah Compliant Products and Services.
To Watch ‘Rupay ko Pehchano’ click here , a video published by State of Bank of Pakistan to Enhance Public Awareness of Banknote Security Features. You can also download its application ‘ Rupay ko Pehchano’ from Google Play & Apple Store itunes.
Now you can make Payments of Daraz.pk, Askari Investments, LUMS, Sindh Revenue, Jubilee & EFU Insurance via Summit Bank ATM or Internet Banking. For details click here
Latest news
We are pleased to announce that Samanabad Branch, Lahore, has been re-located at its new location which is Plot No 31-B, Sector "C", Bahria Town, Lahore and is named as "Bahria Town Branch".
Summit Bank is pleased to announce the opening of its 2nd Islamic Banking Branch at PIA Employees Cooperative Society Township, Lahore. Thus enhancing the banks contribution towards provision of Shariah Compliant Products and Services.
After the successful performance of 1st 24/7 branch at Karachi Fish Harbor, Summit Bank proudly opens its 2nd branch (Sub-Branch) at Karachi Fish Harbor which is also the 188th branch of Summit Bank.
Summit Bank proudly announces the 100% compliance with SBP capital requirement. The bank's equity is now more than Rs.10 Billion as per State Bank's requirement.
Summit Bank proudly announces the 100% compliance with SBP capital requirement. The bank's equity is now more than Rs.10 Billion as per State Bank's requirement.
Summit Bank opens its 1st Islamic Banking Branch at Business & Finance Centre, I.I. Chundrigarh Road, Karachi. It is a step towards complete conversion of Summit Bank from Conventional to Islamic Banking within the next 3 years, InshaAllah.
We are pleased to announce that Samanabad Branch, Lahore, has been re-located at its new location which is Plot No 31-B, Sector "C", Bahria Town, Lahore and is named as "Bahria Town Branch".
Summit Bank is pleased to announce the opening of its 2nd Islamic Banking Branch at PIA Employees Cooperative Society Township, Lahore. Thus enhancing the banks contribution towards provision of Shariah Compliant Products and Services.
After the successful performance of 1st 24/7 branch at Karachi Fish Harbor, Summit Bank proudly opens its 2nd branch (Sub-Branch) at Karachi Fish Harbor which is also the 188th branch of Summit Bank.
Summit Bank proudly announces the 100% compliance with SBP capital requirement. The bank's equity is now more than Rs.10 Billion as per State Bank's requirement.
Summit Bank proudly announces the 100% compliance with SBP capital requirement. The bank's equity is now more than Rs.10 Billion as per State Bank's requirement.
We are pleased to announce that Samanabad Branch, Lahore, has been re-located at its new location which is Plot No 31-B, Sector "C", Bahria Town, Lahore and is named as "Bahria Town Branch".
Summit Bank is pleased to announce the opening of its 2nd Islamic Banking Branch at PIA Employees Cooperative Society Township, Lahore. Thus enhancing the banks contribution towards provision of Shariah Compliant Products and Services.
After the successful performance of 1st 24/7 branch at Karachi Fish Harbor, Summit Bank proudly opens its 2nd branch (Sub-Branch) at Karachi Fish Harbor which is also the 188th branch of Summit Bank.
Summit Bank proudly announces the 100% compliance with SBP capital requirement. The bank's equity is now more than Rs.10 Billion as per State Bank's requirement.