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, State Bank of Pakistan is pleased to direct the
de-scheduling of HSBC Bank Middle East Limited (HBME Branch
Business) effective at 11:59 pm on October 17, 2014, on
account of its merger with and into Meezan Bank Limited,
in terms of the Sanction Order dated September 22, 2014,
issued under Section 48 of the Banking Companies Ordinance,
1962.