Heading: NASSER ABDULLA HUSSAIN LOOTAH COMMITS ADDITIONAL RS10BN IN EQUITY TO BML - 2026-08-19
Published August 19, 2026 Updated about 3 hours ago KARACHI: Bank Makramah Limited (BML) announced that its Board of Directors has approved a proposal for an additional Rs 10 billion equity investment by the Bank’s Sponsor, Nasser Abdulla Hussain Lootah. The investment, to be made as an advance against equity, remains subject to the requisite regulatory and corporate approvals. The further sponsor investment is being exclusively arranged by His Excellency, demonstrating his strong confidence in the Bank, its turnaround journey and long-term potential. This continued backing provides the Bank with a stronger financial foundation and allows management to remain focused on accelerating its transformation, strengthening the business and pursuing sustainable long-term growth. Upon completion, His Excellency’s aggregate investment in the Bank will reach Rs 51 billion, reflecting a sustained and decisive commitment to the Bank’s transformation and long-term growth. This journey began with the initial Rs 10 billion capital injection, which paved the way for the acquisition of a majority stake in April 2023. This was followed by a further Rs 5 billion investment, currently held as…
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