Soneri Bank

About

Soneri Bank was incorporated in 1991 and began operations in 1992, founded by the Feerasta family, and was among the first banks licensed in Pakistan's post-liberalisation wave. It has stayed deliberately mid-sized, concentrating on commercial and small-business lending rather than competing for national branch coverage, and it runs an Islamic banking arm under the Soneri Mustaqeem brand. It is listed on the Pakistan Stock Exchange.

In context

We hold 19 other bank companies founded in the 1990s. 4 of them have closed, after a median of 13 years, and 15 have no closure recorded.

Counted across this directory, from founding and closing years in public records. Medians cover only companies whose closure is recorded; a company with no closure date may have quietly ceased without the record catching it.