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 (SBP) is pleased to direct
the de-scheduling of Habib Bank AG Zurich Pakistan Operations
with effect from the close of business of 25th October,
2006 on account of its merger with and into Metropolitan
Bank Limited sanctioned on 29th September, 2006, in terms
of provision of Section 48 of the Banking Companies Ordinance,
1962.