VOL. XLVII

No 20

17-May-2004

REGIONAL BANKING

Doha Bank Merges Pakistan Operations With Trust Investment Bank

Qatars Doha Bank has merged its operations in Pakistan with those of the Pakistani Trust Investment Bank following approval from the Central Bank of Pakistan. Doha Bank has reportedly been planning its exit from Pakistan since 1997. The bank closed its Lahore branch in 2001, following which it concluded an agreement to merge its Karachi operations with those of Trust Investment Bank. The...