Bank Makramah Completes Cullinan Tower Sale for Rs12 Billion
Bank Makramah has received the remaining sale consideration for Cullinan Tower, formerly Summit Tower, completing the Karachi property transaction for Rs12 billion.
Bank Makramah Reports Rs4.68 Billion Loss In First Half Of 2026
Bank Makramah Limited reported a net loss of Rs4.68 billion in the first half of 2026, compared with a restated profit of Rs704.47 million a year earlier, amid weaker mark-up income and non-mark-up revenue.
Bank Makramah Approves Rs10 Billion Sponsor Investment
Bank Makramah’s Board has approved a Rs10 billion sponsor investment, with the amount to be recorded as an advance against share subscription pending regulatory and corporate approvals.
State Bank of Pakistan Penalizes Bank Makramah Limited Amid Quarterly Financial Losses
Bank Makramah Limited faces a monetary penalty from the State Bank of Pakistan as its first quarter results for 2026 show a loss before tax of 1.211 billion rupees.
Bank Makramah Limited Secures Rating Upgrade Following Record 19 Billion Profit
VIS Credit Rating Company has assigned BML an ‘A-’ long-term rating with a stable outlook, marking a major recovery and successful recapitalization for the bank.
Bank Makramah Files Share Capital Reorganization Scheme Before IHC to Increase Minority Stake
Bank Makramah Limited submits a Scheme of Arrangement to Islamabad High Court to reorganize share capital, reducing sponsor stake and increasing minority shareholding without financial cost.
Bank Makramah Announces Capital Reduction and Restructuring Plan to Enhance Shareholder Value
Bank Makramah Limited has announced a capital reduction and restructuring plan, including a share price adjustment and merger with GHDL, aimed at preserving shareholder value and ensuring long-term operational stability.
Bank Makramah Advances Restructuring with Court-Approved Share Capital Reduction
Bank Makramah Limited moves forward with its restructuring after Islamabad High Court approval, closing share transfer books and completing a major reduction in share capital.
Bank Makramah Limited Stock Outperforms PSX on Capital Restructuring Drive
Bank Makramah Limited’s stock price has surged at the PSX as strategic restructuring, capital strengthening and asset-backed initiatives drive strong investor confidence.
Lootah Proposes Shareholding Revision at Bank Makramah Following Capital Restructuring Milestones
Bank Makramah Limited’s sponsor, Nasser Abdulla Hussain Lootah, has proposed recalculating his shareholding following a major capital restructuring, urging the bank to align allotted shares with the current market price to support overall shareholder interests.