PICIC Commercial Bank

PICIC Commercial Bank Limited was incorporated in 1993 as Schon Bank Limited and commenced its business on 4 April 1994, with a paid-up capital of PKR 500 Million. In 1997, Al Ahlia Portfolio Securities Company, Sultanate of Oman acquired the major shareholding and changed the banks name to Gulf Commercial Bank Limited. In February 2001, the banks management again changed when Pakistan Industrial Credit and Investment Corporation acquired 60% controlling shares from Al-Ahlia and changed its name to PICIC Commercial Bank in May 2001. At the time of takeover by PICIC in February 2001, the Bank had only 15 branches....

Picic commercial bank operates in the Banking industry.

Picic commercial bank's revenue is 11m - 100m

Picic commercial bank has 11 - 50 employees.