NOTIFICATION
In pursuance to the Scheme of Amalgamation of Barclays Bank PLC (Pakistan Branch Business) with and into Habib Bank Limited, sanctioned under Section 48 of the Banking Companies Ordinance, 1962 (“BCO, 1962”) on May 29, 2015, the State Bank of Pakistan in exercise of powers conferred on it by Section 27 (4) (i) of the BCO, 1962, hereby declares that the banking license of Barclays Bank PLC (Pakistan Branch Business) will stand cancelled effective from June 14, 2015 (23:59 Pakistan Standard Time).