Soneri Bank Explained

Soneri Bank Limited
Hq Location City:Karachi
Hq Location Country:Pakistan
Key People:
Revenue: [1]
Revenue Year:2023
Income Year:2023
Net Income Year:2023
Assets Year:2023
Equity Year:2023
Num Employees:4,170
Num Employees Year:2023

The Soneri Bank Limited is a Pakistani bank based in Karachi, Sindh, Pakistan.[2] [3] Its head office is located in the PNSC Building. It is a mid-sized bank having about over 500+ branches country-wide. Soneri Bank started its operation in the year 1992.

Leadership

Amin A. Feerasta is Chairman of the Bank.[4] [5]

Products/Services

Retail Banking

Soneri Bank provides Pakistani customers a wide range of retail banking services, including current accounts, savings accounts, SME financing, Ikhtiar account, Asaan account, Basic banking account, Sahara account, Rupee term deposit account, Foreign currency account, Real time gross settlement, Youngster minor saving account, safe deposit lockers, consumer finance, Wealth management, Agricultural financing, pensioners account, consumer finance, Bancassurance, deposit lockers, electronic banking, and SMS alert services.

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.

Banking

Soneri Bank also provides Islamic banking.[6]

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 of currency exchange services from any of the 500+ branches of the bank.[7]

Islamic Banking

Soneri Bank has recently started Islamic Banking services which include financing products, SME banking and safe deposit lockers.

Associated Companies

Soneri bank is associated with these companies:[8]

Notes and References

  1. Web site: Soneri Bank Annual Report 2023. soneribank.com. 27 March 2024.
  2. Web site: Soneri Bank flaunts impressive profits - first Quarter 2015 Results.
  3. Web site: Soneri Bank impresses - Annual Results for Year 2014.
  4. Web site: 2024-06-07 . Soneri Bank names Amin A. Feerasta as new Chairman . 2024-06-07 . Mettis Global Link . en-US.
  5. Web site: Desk . News . 2024-06-07 . Amin A. Feerasta appointed as new chairman of Soneri Bank . 2024-06-07 . Profit by Pakistan Today . en-US.
  6. Web site: Islamic Banking. Soneri Bank Limited.
  7. Web site: Foreign Exchange Services. Soneri Bank Limited.
  8. Web site: Corporate Information. Soneri Bank Limited.