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 hereby directs the de-scheduling of Barclays Bank PLC (Pakistan Branch Business) with effect from June 14, 2015 (23:59 Pakistan Standard Time) on account of its merger with and into Habib Bank Limited, in terms of Sanction Order dated May 29, 2015, issued under Section 48 of the Banking Companies Ordinance, 1962.