Adnan Ahmed Yousif, President and Chief Executive of the Al Baraka Banking Group, is on a 2-day visit to Pakistan. During his stay in Karachi he will chair the 2nd Board meeting of Al Baraka Bank (Pakistan) Limited and will call upon the Governor, State Bank of Pakistan, to exchange views on Pakistan's dynamic Islamic Banking industry.
Al Baraka Bank (Pakistan) Limited came into being as a result of the merger between the Pakistan branches of Al Baraka Islamic Bank, Bahrain, and Emirates Global Islamic Bank Limited. It is the 2nd largest Islamic bank in Pakistan with total assets exceeding Rs 60 billion and a countrywide network of 89 branches. Al Baraka Bank (Pakistan) Limited is part of the Al Baraka Banking Group, Bahrain, which is a public limited company listed on the Bahrain and NASDAQ-Dubai stock exchanges with over US $15 billion of assets, equity of more than US $1.8 billion and a network of more than 400 branches in 13 countries.-PR