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SECP clears Rs1.5 billion capital injection for Hugobank ahead of commercial launch

muhammadhasan0426@gmail.com
By muhammadhasan0426@gmail.com
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Securities and Exchange Commission of Pakistan (SECP) has approved the issuance of shares to the sponsor shareholders of HugoBank Limited, enabling a fresh equity injection of Rs1. 5 billion that marks a significant step toward the launch of one of Pakistans first digital retail banks

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