NOTIFICATION
In exercise of the powers conferred on it by clause (b) of Sub-Section (2) of Section 37 of the State Bank of Pakistan Act, 1956, the State Bank of Pakistan is pleased to direct the de-scheduling of NIB Bank Limited with effect from close of business on July 07, 2017, on account of its merger with and into MCB Bank Limited, in terms of the Sanction Order dated June 13, 2017, issued under Section 48 of the Banking Companies Ordinance, 1962.