Soneri Bank
 | |
 Soneri Bank headquarters are on the 10th floor of PNSC Building | |
| Type | Public |
|---|---|
| Industry | Banking |
| Founded | September 28, 1991 |
| Headquarters | Karachi, Sindh, Pakistan |
Key people | Alauddin J. Feerasta (Chairman) |
| Products |
|
| Website | soneribank |
The Soneri Bank Limited is a Pakistani bank based in Karachi, Sindh, Pakistan.[1][2] Its head office is located in PNSC Building, M.T. Khan Road, Karachi. It is a mid-sized bank having about over 300 branches country-wide. Soneri Bank started its operation in year 1992.
Products/Services[]
Retail Banking
Soneri Bank provides the Pakistani customers a wide range of retail banking services, including current accounts, savings account, SME financing, Agricultural financing, pensioners account, consumer finance, Bancassurance, deposit lockers, electronic banking and SMS alert services. Credit Cards Debit Cards Corporate And Investment Banking
Soneri Bank offers the businessmen and entrepreneurs Corporate and Investment Banking based on their business’s needs and required finances. In this regard, Soneri Bank offers investment banking services, cash management services, supply chain financing, working capital financing and long-term financing.
Islamic Banking
Soneri Bank also provides Islamic banking where all the banking needs of the customers are fulfilled with Shariah compliant solutions.[3]
Foreign Exchange Services
With Soneri Bank’s Home Remittance services, customers from across 127 cities in Pakistan can receive remittances easily, open a foreign trade account and avail currency exchange services from any of the 266 branches of the bank.[4]
Supreme Prioity
Corporate social responsibility[]
The ideology that Soneri Bank follows is inspired by the Sun — as it shines on each and every individual, without discrimination. With their ‘Roshan Har Qadam’ scheme, Soneri Bank has taken several initiatives to empower the people of Pakistan. This year, they are focusing their efforts on the development of health, education and community development sectors. Other initiatives include the promotion of sports, arts and women empowerment.[5]
Associated Companies[]
Soneri bank is associated with these companies:[6]
- Rupali Polyester Limited
- Rupali Foods (Pvt.) Limited
- Rupafil Limited
- Rupafil PowerGen (Pvt.) Limited
- Spintex Limited
- Rupali Nylon (Pvt.) Limited
Online banking[]
Online banking is that facility by which customers can access their account from all of its branches. They can do all transactions like cash deposit, bill payments, stop payment, account statement, funds transfer, etc.
It is one of the fastest-growing mid-sized banks of Pakistan, reaching urban and as well as rural areas of the country.
Financial Performance[]
For the year ended December 31, 2020, Soneri Bank has posted profit after tax (PAT) of Rs 2,400 million.[7]
References[]
- ^ Soneri Bank flaunts impressive profits - 1st Quarter 2015 Results
- ^ Soneri Bank impresses - Annual Results for Year 2014
- ^ Islamic Banking
- ^ Foreign Exchange Services
- ^ 2018 CSR initiatives
- ^ Associated Companies
- ^ "Soneri Bank records 25.9pc jump in profit". Profit by Pakistan Today. 2021-02-17. Retrieved 2021-02-18.
External links[]
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- Banks of Pakistan
- Companies based in Karachi
- Banks established in 1992
- Pakistani companies established in 1992
- Companies listed on the Pakistan Stock Exchange
- Pakistani company stubs