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BoP to issue up to Rs30bn shared to Punjab government

The Bank of Punjab (BoP) has proposed issuing up to Rs30 billion worth of ordinary shares to the Government of Punjab through a non-rights issue, with the subscription planned in two tranches by June 2027. The listed bank disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Monday. The Board of Directors of BoP have proposed, “subject to obtaining all applicable…

BoP to issue up to Rs30bn shared to Punjab government

We haven't written up this one. Business Recorder has the full story — the link below goes straight to it.

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