Business

Sindh Bank to be set-up

The Federal Government has given the Sindh Government permission to set up Sindh Bank.

Express October 27, 2010

PAKISTAN: The Federal Government on Wednesday gave the Sindh Government permission to set up Sindh Bank.

The Federal Finance Ministry and the State Bank of Pakistan also issued a no-objection-certificate to the Sindh government for this purpose.

Speaking to Express 24/7, State Bank spokesperson Syed Waseem Ahmad confirmed that the NOC had been issued. However, he added that the Sindh government would have to fulfill regulatory requirements to the get a licence for the bank.

He also added that the Sindh Bank will be registered as a company in the Security Exchange Commission of Pakistan.

Branches of Sindh Bank will be established across the country , with its main purpose being to promote agricultural development and small scale businesses.

COMMENTS (42)

Mujahid Hussain Sangi | 13 years ago | Reply It is our great pleasure to establish a new Bank with the name of SINDH BANK, it is also proud to all Sindh peoples as well as living in Sindh of every person. We pray for upgrade day by day. Thanks Mujahid Hussain Sangi, Collection Officer, NBP Ratodero Branch.

Sarmad akber | 13 years ago | Reply Assalam-o- Alaikum Respected Mohammad Bilal Shaikh Sahab, I am a student of Sindh Province who is working part time in an Information Technology and Consultancy company to afford his education. I am interested in providing business critical end to end Solutions, Products and Services for your Bank. Sindh`s well know Banks, Multinationals and Educational Institutions are on my Companies Client List. Further, I also work for an Interior Designing Company and would be really interested to serve your bank with our Services. It`s an appeal of a Sindhi Student that please give me a chance as my Company can surly handle the entire Interior and I.T requirements for all the Branches of your Bank. Insha Allah we won’t be disappointing you. Please send me a contact through which I can send you my company`s profile. Looking forward to meeting with you soon. Thank you. Regards, Sarmad Akber

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Attaullah.jamali | 13 years ago | Reply Dear all i very very happy so sindh bank starting.because many person will be get new jobs.and other faciliates. thanks full (attaullah.jamali@gmail.com)

Sarmad akber | 13 years ago | Reply Assalam-o- Alaikum Dear All, I congratulate to all those Respectable Members of Sindh Govt and Sindh Bank who were involved in taking such a Decision in favor of Sindhi people. It’s an act of kindness for those who are educated, creative and deserving but are still jobless and unemployed in SINDH. Please give chance to the new Qualified Generation as well so that right person should be appointed for the right job. Thank you on the behalf of entire Sindh. Regards, Sarmad Akber.

ahmed Nawaz mugheri | 13 years ago | Reply thanks president mr Asif ali zardari who anoused sindh bank thanks

Ali dost Mugheri baloch | 13 years ago | Reply im thankful mr Asif Ali zardari that he has anoused sindh bank if God it will be betermemnt for sindhi public

Ali+dost+Mugheri+baloch | 13 years ago | Reply thanks mr Asif ali zardari to anouse sindh bank

Ali+dost+Mugheri+baloch | 13 years ago | Reply thanks Mr Asif Ali zardari to anouse sindh bank it is gift for sindhi public

Ali dost Mugheri baloch | 13 years ago | Reply I cogratulate to president mr Asif ali Zardari that he has anoused sindh bank for beterment of public of sindh may God bless him b/z he has taken good step for sindhi public thanks

Jameel Hussain Soomro | 13 years ago | Reply Assalam-o- Alaikum Dear All I congratulate to Respectable Asif Ali Zardari President of Pakistan who announced Sindh Bank to Sindh Govt necessary for province for growing of economic activities in sindh and as well in Pakistan. It is a pleasere for all the sindh peoples and pakistanis. As you know very well that every province has its own bank example Punjab ( The bank of Punjab) NWFP (The bank of khyber) Balochistan (Bolan bank) our Sindh had (Mehran bank) but due to some unfortunate it was closed but now it comes by a dynamic name Sindh Bank or The bank of Sindh for that I am requesting to all the sindh peoples that this is your and our bank so please take care of it, and do strugle to improve and develop the bank and as well as sindh so that the name of our Pakistan would have been written with golden words on the map of the world. Thanks Regards Mr. Jameel Hussain Soomro

DR Sanaullah | 13 years ago | Reply I am thank full to goverment of pakistan that decided the fevor in sindhi people.and also open the new SINDH BANK.....we pry for this goverment..President Asif Ali Zardari is the Great hero of pakistan...and we also hope in this goverment of P P P...its great dream of SHAEED MOHETARMA BANAZIR BHUTTO....And also struggle of Z A Bhutto.i also request the zardari sahib that please visit the poor people wich are infected in flied...my wish that when starting the new sindh bank i also 2nd custemer of this bank..other wise frist custemer is late SMBB.......

DANISH KUMAR LOHANA | 13 years ago | Reply Hello Guys.. It is good to c that Sindh bank has got license from SBP & very soon it is going to commence their operations as well.. Congrates & thanks to all of them who are really sincere in this kind regard.. The main thing..i.e..The political influences over its operations & recruitments.. No one can deny from this bitter part of reality.. Congrates to Wazir Ali Khoja SB: for being part of its board of directors... MAY GOD BLESS ALL OF YOU TO BE SINCERE IN THIS REGARD REGARDS.. DANISH KUMAR AL-HABIBIAN..

Mansoor Ali Soomro | 13 years ago | Reply After reading the all people comments I conclude that It is very Good step taken by Government of Sindh. I appriciate the Sindh Government. I want to be a part of Sindh Bank and Serve as goood banker if Mr.Bilal Sheikh (CEO of Sindh Bank) give a channce to show my ablities. Mansoor Ali Soomro (Master of Commerce)

asimzai | 13 years ago | Reply hi asimzai from hyderabad pakistan that’s good for needy people becouse our county are facing many problems and there are so many people are unemployer . in which one i am also include so i am waiting your reply i look forward hearing to you ….

shakeel | 13 years ago | Reply it is truley good effort for our sindh bcz it"s need of our sindhi peoples although this is our nation right .

FAHEEM AHMED | 13 years ago | Reply I would like to appreciate for the Sindh bank setup and thankful to Sindh Very very good News all jobless banker. Regards Faheem Ahmed

Seerat Fatima | 13 years ago | Reply It is a good news, but guys be care full in appointment and try level best to appoint right person for the right job. Other wise incident of Indus bank may repeat in future. Further, I suggest that for across the country branches staff should be appoint from Sindh, instead of from local vacinity. In this way a number of jobless would get job. In last I hope that all sindhies will prove that they are equally good as others are by running this Bank in a success full way. Thanks & Regard Seerat Fatima Banker Karachi.

IQBAL AHMED SHEIKH | 13 years ago | Reply I understand that our leadership good thinking to create a bank for our province for development and employment for our province- But I heard that to appoint not in merit but on source- This thing is bad for our party politically doing good step as sindh bank- I once again request you that UBL experienced Managers and Officers are in age to serve for bank given them chance- I once again remind you that shaheed BIBI promise those officers to reinstate them - I once again request to Honorable President ASIF ALI ZARDARI and Honorable cheif minister Sindh SYED QAIM ALI SHAH to complete promise of SHSHEED BIBI-I and my family prey for your party and Govt-

Irfan Ali | 13 years ago | Reply Assalam u alaikum I am very happy to see the sindh bank in pakistan it is a very good step to advance the sindh and for the improvement of pakistan and I only say prayer for pakistan and sindh that both always remain live and fresh fregment like rose flower. Regards Irfan Ali Sangi

Sarfraz Ali Sangi | 13 years ago | Reply Assalam-o- Alaikum Dear All I congratulate to Respectable Asif Ali Zardari President of Pakistan who announced Sindh Bank to Sindh Govt necessary for province for growing of economic activities in sindh and as well in Pakistan. It is a pleasere for all the sindh peoples and pakistanis. As you know very well that every province has its own bank example Punjab ( The bank of Punjab) NWFP (The bank of khyber) Balochistan (Bolan bank) our Sindh had (Mehran bank) but due to some unfortunate it was closed but now it comes by a dynamic name Sindh Bank or The bank of Sindh for that I am requesting to all the sindh peoples that this is your and our bank so please take care of it, and do strugle to improve and develop the bank and as well as sindh so that the name of our Pakistan would have been written with golden words on the map of the world. Thanks Regards Sarfraz Ali Sangi

suneel kuar arawni | 13 years ago | Reply first of all i congratulate my Sindhi farmers and also my friends or sindhi unemployed candidates like me. now i really will thanks Pakistan peoples party taht they took step for sindh agriculture developments and also small business support. this very great opportunity for jobs i request Mr president asif ali zardari sahib please give the jobs on merit basis in sindh.

Abdul Jalil Kazi | 13 years ago | Reply I feel great pleasure to inform and appreciate to all members who have think about betterment of province of sindh and to the betterment of ecnomical strength of Pakistan to lounch such a great Sindh Bank. In this way so many un employed educated poor person will get the job and it should be helpful to reduce the un-employment of the country. With best regards, Abdul Jalil Kazi Banker

IMRAN ALI SHAHANI | 13 years ago | Reply its healthy step to grow their people towards prosperity.

Nadeem Ahmed Khan | 13 years ago | Reply I would like to appreciate for the Sindh bank setup and thankful to Sindh Very very good News Regards Nadeem Ahmed Khan

Subhash Raja | 13 years ago | Reply great news for pakistan and specially sindh

zain | 13 years ago | Reply its going to good....SINDH Bank

Zeeshan Niazi | 13 years ago | Reply Any person who have Love with Pakistan, Becomes very happy to listen about the setup of The Sindh Bank. Credit goes to specially Sindh Government. If this Government sets up this project in all the cities of Sindh that means this Government actually working on employment & wants to improve agriculture. Lot of jobless educated person will get jobs and lot of poor will take advantage from this Banks specially farmers. I Congratulate with the core of heart to all the Politicians and Officers for this act of development and prosperity. Thanks to Allah and to all & in last I pray may Allah grace to our lovely country. Regards Zeeshan Niazi

Ayaz Soomro | 13 years ago | Reply this is good step taken by sincere lawmakers for development of sindh, particularly development of agri sector, which is in trouble due to recent flood. but they need to have very professional and ethical tean to run this institute; it should be free from any political presure. thier focus should be on small farmers and businessman of sindh instead of big landlords

H.M. Zee'shan. | 13 years ago | Reply This is a good efforts to open such kind of Bank In Sindh. I think, In this way we can support our poor peoples through reaching their needs. Regards

Abdul Malik Shaikh | 13 years ago | Reply Assalam-o- Alaikum Dear All I would like to appreciate for the Sindh bank setup and thankful to Sindh Government, As for as my perception is concerns this bank can be very helpful for the public of the sindh who have degrees but not the Job and there are lot of jobless educated persons who will get jobs and lot of poor will take advantage from this Bank to grow up the bank and themselves as well. The setup of this bank can be beneficial in terms of services and profitability for the Sindh and its development. All Peoples of the Sindh becomes thankful to President Aasif Ali Zardari sahb and Cheif Minister Syed Qaim Ali Shah sahb for this kind action. We remain thankful fo those peoples who think about this pilot project with sincerity and prosperity. Regards Abdul Malik Shaikh Banker

Imran Shaikh | 13 years ago | Reply The establishment of Sindh Bank is an excellent step towards uplifting the economy of Sindh Province, I really appreciate such a commendable move and request the concerned authorities to run this bank purely on professional track without having political influences in order to achieve its very purpose. Moreover thanks to Mr. Asif Ali Zardari, The President of Pakistan, Syed Qaim Ali Shah, CM Sindh and Dr. Ishratul Ibad Governor Sindh for their valuable contribution towards establishment of Sindh Bank.

Javed Ali Memon | 13 years ago | Reply A.A to all vewers,its v.good news from the reliable resources that, Sindh bank has been open thier branches throughout the province.its v,greet oppertunity for sindhi peoples.so i give regards,and v.grateful to Sindh Government's Chief minister,governer,and other related personalities who take a step for the benefit of "sindh jeejal".

Mohammad Usman | 13 years ago | Reply I appricaite and congrate to Honourable President of Pakistan Mrs Asif Ali Zardari he announced the Sindh bank . it is too good and imprtant action to promote and strong the provinece economy . Also a lot of employment opportunies will be creat. I again congratulate to all concered .

sohail | 13 years ago | Reply know this time thx GOD the government is also thinking for sindh.

salim sohani | 13 years ago | Reply I congratulate to Respectable Asif Ali Zardari President of Pakistan to announce Sindh Bank to Sindh Govt necessary for province for economic activities. And very good for needy employment....once again good think

User | 13 years ago | Reply Its all bull, people in this bank will also get job on the basis of source they have and not on theie merit basis........So dunt expect any thng from this government and leadership.......

Sayed Aijaz Hussain Naqvi | 13 years ago | Reply Asslam Alaikum to All. Any person who have Love with Sindh, Becomes very happy to listen about the setup of The Sindh Bank. If this Government sets up this project in all the cities of Sindh that means this Government (PPP) actually working for her nation. Lot of jobless educated person will get jobs and lot of poors will take advantage from this Banks. All the Peoples of Sindh becomes thankful to President Aasif Ali Zardari Sahib and Cheif Minister Syed Qaim Ali Shah Sahib. I Congratulate with the core of heart to all the Politicians and Officers for this act of development and prosperty. Thanks to Allah and to All. Regards Sayed Aijaz Hussain Naqvi. Contact 0300-3357468. Jhol, Distt Sanghar, Sindh.

IQBAL AHMED SHEIKH | 13 years ago | Reply I congratulate to Respectable Asif Ali Zardari President of Pakistan to announce Sindh Bank to Sindh Govt necessary for province for economic activities- We retrenched officers are suffering from 12 years was retrenched in Nawaz sharif period - All the employees are re instead but UBL officers which announced by shaheed Benazeer to re instead still pending- We UBL officers are experienced request kindly adjust them in Sindh Bank - We are and our families prey for your long life and prosperity--

Abdul Haque Memon | 13 years ago | Reply Asslam e Alikum and Thanks to God that this is the first time to think about sindhi peoples. thats creadits goes to our sindhi's government and Presedent of Pakistan Mr. Asif ali Zardari that he give the premession for the SINDH BANK for the sindhi peoples. GOOD SIR.....We will always remain you Thanks.......ABDUL HAQUE MEMON

Mir Liaquat Ali | 14 years ago | Reply Aslam Alaikum To All. This is a good efforts to open such kind of Bank In Sindh. In this way we can support our poor peoples through reaching their needs.

Dilawar Ahmed Dakhan | 14 years ago | Reply We strongly recommandate the setting up of Sindh Bank and encourage to Sindh Gonvernment to do some more steps for Sindh, this setup will provide job oppartunity to rural aea of Sindh and and give boostup to agri finance in the rural Sindh, well done by all Sindh lawmakers, Many many congrats to all and the people of Sindh. Warm Regards,

Meekal Ahmed | 14 years ago | Reply Setting up a Sindh Bank is all well and good but how about the Sindh Government paying its electricity bill which runs into billions? They have money for a bank but not money to settle their obligations?

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