Soneri Bank

The Soneri Bank Limited is a Pakistani bank based in Karachi, Sindh, Pakistan.[1][2] Its head office is located in PNSC Building, M.T. Khan Road, Karachi. It is a mid-sized bank having about over 300 branches country-wide. Soneri Bank started its operation in year 1992.

Soneri Bank Private Limited
Private
IndustryBanking
FoundedSeptember 28, 1991
HeadquartersKarachi, Sindh, Pakistan
Key people
Alauddin J. Feerasta (Chairman)
Products
  • Loans
  • Credit Cards
  • Savings
  • Consumer Banking
Websitesoneribank.com

Products/Services

Retail Banking

Soneri Bank provides the Pakistani customers a wide range of retail banking services, including current accounts, savings account, SME financing, Agricultural financing, pensioners account, consumer finance, Bancassurance, deposit lockers, electronic banking and SMS alert services.

Corporate And Investment Banking

Soneri Bank offers the businessmen and entrepreneurs Corporate and Investment Banking based on their business’s needs and required finances. In this regard, Soneri Bank offers investment banking services, cash management services, supply chain financing, working capital financing and long-term financing.

Islamic Banking

Soneri Bank also provides Islamic banking where all the banking needs of the customers are fulfilled with Shariah compliant solutions.[3]

Foreign Exchange Services

With Soneri Bank’s Home Remittance services, customers from across 127 cities in Pakistan can receive remittances easily, open a foreign trade account and avail currency exchange services from any of the 266 branches of the bank.[4]

Corporate Social Responsibility

The ideology that Soneri Bank follows is inspired by the Sun — as it shines on each and every individual, without discrimination. With their ‘Roshan Har Qadam’ scheme, Soneri Bank has taken several initiatives to empower the people of Pakistan. This year, they are focusing their efforts on the development of health, education and community development sectors. Other initiatives include the promotion of sports, arts and women empowerment.[5]

Associated Companies

Soneri bank is associated with these companies:[6]

  • Rupali Polyester Limited
  • Rupali Foods (Pvt.) Limited
  • Rupafil Limited
  • Rupafil PowerGen (Pvt.) Limited
  • Spintex Limited
  • Rupali Nylon (Pvt.) Limited

Online banking

Online banking is that facility by which customers can access their account from all of its branches. They can do all transactions like cash deposit, bill payments, stop payment, account statement, funds transfer, etc.

It is one of the fastest-growing mid-sized banks of Pakistan, reaching urban and as well as rural areas of the country.

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References
  1. Soneri Bank flaunts impressive profits - 1st Quarter 2015 Results
  2. Soneri Bank impresses - Annual Results for Year 2014
  3. Islamic Banking
  4. Foreign Exchange Services
  5. 2018 CSR initiatives
  6. Associated Companies

Official website

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