N
O T I F I C A T I O N
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, State Bank of Pakistan is pleased to direct the
de-scheduling of Union Bank Limited with effect from the
close of business today, on account of its merger with and
into Standard Chartered Bank (Pakistan) Limited, in terms
of sanction order dated December 4, 2006 under the provision
of Section 48 of the Banking Companies Ordinance, 1962.