SECP Clears Rs. 1.5 Billion Capital Injection for HugoBank’s Digital Launch

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The Securities and Exchange Commission of Pakistan (SECP) recently cleared a major hurdle for HugoBank Limited. The regulatory body officially approved the issuance of shares to the bank’s sponsor shareholders. Consequently, this move allows a massive fresh equity injection of Rs 1.5 billion. Ultimately, this marks a critical step toward launching one of Pakistan’s first […]

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