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Our new identity Silkbank – is a name with a meaning that endorses our values. The name takes its inspiration from ‘Silk’, a natural element known for its unique properties. Our inspiration also comes from the Silk route which has been a corridor for trade and commerce between Asia and the rest of the world for centuries.


Our ascending symbol marks our quest to move higher and our tag line “Yes we can” is a promise of unmatched service quality to our customers.

On September 15, 2001, under the supervision of the State Bank of Pakistan (SBP), the institution then known as the Prudential Bank was acquired by the management and associates of the Saudi Pak Industrial and Agricultural Investment Company (Pvt) Ltd (SAPICO).


On March 31, 2008, a Consortium comprising of IFC, Bank Muscat, Nomura International and Sinthos Capital and led by senior bankers Shaukat Tarin and Sadeq Sayeed acquired an 86.55% stake in Silkbank for around $213 million or $0.47 per share (PKR 29.3 equivalent per share). Under the new leadership, the bank will continue to focus on SME & Consumer financing resulting in efforts of increased profitability.

Deposit Accounts Offered

Current Accounts:

  • Online Express
  • Basic Banking Account
  • All-in-one Account

Saving Accounts

  • Super Saver
  • PLS Saving
  • Foreign Currency Accounts

Term Deposits

  • Munafa he Munafa
  • Salana Munafa
  • 7 Days Notice Deposits
  • Other Term Deposits

Loans & Advances

M Power - Turnover is vanity, profit is sanity but cash is reality and a good cash flow is the key to success of any business. Silkbank M’Power offers running finance facility against your land, residential & commercial properties, insuring a steady life line for your business.

Convenient - Land, residential and commercial properties acceptable as security

Flexible - Ever green facility with no principal repayment

Affordable - Mark up calculation on daily utilized amount only

Loan Amount - Get up to 70% of property value

Accessible :

  • Visa Debit card accepted internationally.
  • Available in all major cities of Pakistan i.e. Karachi, Lahore, Islamabad , Rawalpindi,  & Gujranwala.
  • Online Banking facility in 32 cities of Pakistan

Fast Process - Fastest processing with simple and hassle free documentation

Eligibility:

  • Resident of Pakistan
  • Self employed professional & businessmen in going concerns over 3 to 5 years
  • Monthly income of Rs. 50,000
  • Age: 25 – 60 years
  • Real estate collateral in shape of land, residential &/or commercial properties.

Insurance Products:

  • Roshan Mustaqbil
  • Sunehra Kal
  • Mehfooz Har Pal

Technology Products

  • VISA Debit Card
  • Mobile Banking
  • E-Statements
  • SMS Alerts
  • Silk bank – Direct

Public Information:

  • Unclaimed Deposits
  • Schedule of Charges
  • Profit Rates
  • Annual Reports
  • Notices

 

Bank Location: Lower Ground Floor, Mall of Lahore (Park Lane Tower).