Karachi, 07th February 2011: The re-launch of Summit Bank (formerly Arif Habib Bank) was announced by the bank’s management at a press briefing session held at a local hotel. Summit Bank is one of the fastest growing Commercial Banks of the country supported by an overseas investment entity – Suroor Investment Limited.

After the successful merger with Atlas Bank, Summit Bank has an increased network of 80 branches having presence in 20 different cities across Pakistan and Azad Jammu & Kashmir. As part of the merger, all Atlas bank customers are now part of “Summit Family” – who are promised a satisfying banking experience. The bank’s consolidated Customer Deposits have also gone up to Rs. 62 billion, with number of accounts to about 100,000 and advances to Rs. 44 billion.

Addressing the media on the occasion, Mr. Husain Lawai, President & CEO, Summit Bank said, “We want to give our customers a satisfying banking experience that is geared towards offering banking solutions in line with the changing customer needs. Our customers will now benefit from a wider range of products and services as well as an expanded network of branches with several onsite /offsite ATMs across Pakistan. Besides, we have many products in the pipeline to cater to varying financial needs of all the customer segments we are serving.”

Commenting on the bank’s operations, Mr. Anwar Luftullah, Head of Operations & Information Technology, Summit Bank said, “Our vision is to be the preferred provider of financial products and services to the markets. The Management of Summit Bank believes in customer satisfaction and is committed to provide innovative solutions to fulfill the banking needs of our customers with quality service. Our team will strive to deliver swift and competitive services to our valued customers.”

All branches are Real Time Online; providing our customers with the facility of easy access to deposit or withdraw cash from any of our Branches or ATMs anywhere in Pakistan without incurring any additional charges; making banking with us a faster, reliable and a convenient experience. At the moment, Summit Bank is offering a variety of value-added services which includes SMS Banking, Internet Banking, Free Visa Debit Card, Customer’s Cash Protection, Evening Banking Facility and Free Remittance Payment. To address customer queries effectively at any time of the day, the bank is also operating a 24/7 contact centre which can be reached at 0800-24365.

About Summit Bank:

Summit Bank (formerly Arif Habib Bank) is one of the fastest growing Commercial Banks of the country supported by Suroor Investment Limited. From January 01, 2011, Summit Bank Ltd (formerly Arif Habib Bank Ltd) and Atlas Bank Ltd have officially merged and now operating as a single bank under the name of Summit Bank. The Bank has a network of 80 Branches/Sub Branches. The branch network covers Sindh, Punjab, Khyber Pakhtunkhwa, Balochistan and Azad Jammu and Kashmir.