Silkbank Overview
- Year Founded
-
1994
- Status
-
Acquired/Merged
- Employees
-
2,321
- Latest Deal Type
-
M&A
- Financing Rounds
-
5
Silkbank General Information
Description
Silkbank Ltd is a scheduled commercial bank. It provides financial services by offering a range of retail, consumer, corporate, and Islamic products. The bank's products and services consist of Current Accounts, Term Deposits, Savings Accounts, Consumer Loans, E-Statements, Phone Banking, SilkMobile, Credit Card, VISA Debit Cards, Cash Management, and other related services. The business segments of the bank are Wholesale banking, Treasury, and Consumer/SME banking. The bank principally operates in Pakistan.
Contact Information
Website
www.silkbank.com.pk(Operating Subsidiary)
Corporate Office
- Ground Floor, Number 13, Com 3 Mall
- Block 6 KDA Scheme #5, Clifton
- Karachi, 75600
- Pakistan
Corporate Office
- Ground Floor, Number 13, Com 3 Mall
- Block 6 KDA Scheme #5, Clifton
- Karachi, 75600
- Pakistan
Silkbank Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Silkbank Comparisons
Industry
Financing
Details
Silkbank Competitors (4)
One of Silkbank’s 4 competitors is Bank Alfalah, a Corporate Backed or Acquired company based in Karachi, Pakistan.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Bank Alfalah | Corporate Backed or Acquired | Karachi, Pakistan | ||||
| JS Bank | Corporation | Karachi, Pakistan | ||||
| Bank Of Punjab | Corporation | Lahore, Pakistan | ||||
| Faysal Bank | Corporation | Karachi, Pakistan |
Silkbank Signals
Silkbank Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Silkbank FAQs
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When was Silkbank founded?
Silkbank was founded in 1994.
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Where is Silkbank headquartered?
Silkbank is headquartered in Karachi, Pakistan.
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What is the size of Silkbank?
Silkbank has 2,321 total employees.
-
What industry is Silkbank in?
Silkbank’s primary industry is National Banks.
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Is Silkbank a private or public company?
Silkbank is a Private company.
-
What is Silkbank’s current revenue?
The current revenue for Silkbank is .
-
Who are Silkbank’s investors?
Bank Muscat, International Finance Corporation, Nomura International, Saudi Pak Industrial and Agricultural Investment Company, and Sinthosis Capital have invested in Silkbank.
-
Who are Silkbank’s competitors?
Bank Alfalah, JS Bank, Bank Of Punjab, and Faysal Bank are competitors of Silkbank.
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When was Silkbank acquired?
Silkbank was acquired on 11-Mar-2025.
-
Who acquired Silkbank?
Silkbank was acquired by United Bank (International Banks).
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