Soneri Bank Limited
Corporate Identity and Status
Soneri Bank Limited is a public limited company operating as a commercial bank in Pakistan. The institution was incorporated on September 28, 1991, and officially commenced its banking operations in April 1992.
The bank is positioned as a mid-tier commercial institution within the country's financial sector. It is publicly listed and traded on the Pakistan Stock Exchange (PSX) under the ticker symbol SNBL.
Sponsorship and Market Position
The bank has a sponsor background associated with the Feerasta Family, a group with established interests in manufacturing, exports, and trade finance. This background informs the bank's institutional history, although specific ownership percentages are not detailed in available financial disclosures.
Soneri Bank operates primarily as a deposit-led commercial bank, serving a general retail customer base alongside its corporate and trade finance activities. The fact sheet does not provide specific details on its current leadership, such as the Chairman or CEO.
Branch Network and Service Channels
As of 2025, Soneri Bank's physical footprint consisted of 661 branches located across 268 cities in Pakistan, with plans to expand to 670 branches by April 2026. The bank maintains a significant focus on Islamic banking, operating 182 dedicated Islamic branches in 2025 and 15 Islamic Banking Windows. The number of dedicated Islamic branches was projected to reach 186 by April 2026.
In addition to its physical branches, the bank provides digital access through a mobile application and offers digital onboarding for new customers. The provided source material does not contain specific data on the size of the bank's ATM network, the number of branchless banking agents, or transaction volumes for cards and remittances.
Account and Deposit Products
Soneri Bank provides a range of core banking products, including standard current and savings accounts for its retail customers. Its services cater to different customer needs through specialised deposit products.
Among its specific offerings are the Ikhtiar Current Account and the Asaan Account, which is designed for simplified onboarding. The bank also provides the Sahara Savings Account, which is structured for senior citizens. These products are available alongside its dedicated Islamic banking services.
Financial Performance for 2025
For the year ending December 31, 2025, Soneri Bank reported total assets of approximately PKR 852.5 billion and total deposits of PKR 689.1 billion. The bank's balance sheet showed net investments of PKR 479.2 billion and net advances amounting to PKR 214.3 billion, with total equity standing at PKR 36.8 billion.
The bank's profitability in 2025 included a profit before tax of PKR 11.6 billion and a profit after tax of PKR 4.56 billion. Its income was generated from net markup income of PKR 27.0 billion and non-markup income of PKR 8.1 billion. Within non-markup income, fee and commission income contributed PKR 4.9 billion.
Capital Structure and Market Data
As of December 31, 2025, Soneri Bank's Capital Adequacy Ratio (CAR) was 14.88%, a figure that was reported as 16.29% in September 2025. The bank's funding base was supported by a strong CASA mix of 82%. Its capital structure included PKR 8.0 billion in subordinated debt, of which PKR 4.0 billion was in the form of perpetual Additional Tier 1 (ADT 1) capital instruments.
In 2025, the bank's earnings per share (EPS) was PKR 4.13, and its book value per share was PKR 33.37. The bank announced a final cash dividend of PKR 1.50 per share, representing a payout ratio of 36%. At year-end, its market capitalization was approximately PKR 29.4 billion, with a free float of 330.74 million shares, or about 30% of its total capital.
July 2026 operating update: accounts, charges and service safeguards
BP25-28-PK-BANK-SONERISoneri Bank's current operational baseline comes from the conventional and Mustaqeem schedules effective from 1 July to 31 December 2026, not the superseded January–June documents. Soneri remains an SBP-regulated scheduled commercial bank listed on the Pakistan Stock Exchange as SNBL. The Feerasta family is the controlling sponsor group with a 64% stake, while Ahsan Mushahid Siddiqui is identified as Acting President and CEO in the mid-2026 disclosures.
PACRA upgraded the long-term entity rating to AA in June 2026, retained A1+ for the short term and assigned a Stable outlook. This is a rating opinion, not a guarantee for depositors or borrowers. Eligible deposits fall within Pakistan's Deposit Protection Corporation framework, but the applicable protection limit and eligibility should be checked in the current DPC rules rather than inferred from the bank's rating.
Confirmed network versus the 2026 plan
The latest confirmed baseline is 670 branches in 268 cities, including 186 Mustaqeem Islamic branches and 15 Islamic banking windows, plus more than 690 ATMs. The stated 2026 strategy is to add 80 branches and reach 750, while converting 25 conventional locations to Islamic banking. Those are forward-looking targets; they should not be reported as an already completed network.
Which account rules change the choice
| Account | Customer fit | July 2026 operating rule |
|---|---|---|
| Soneri Current | General PKR transactions | No minimum opening or maintenance balance in the KFS |
| PLS Savings | General PKR savings | Rs. 100 to open; no minimum balance to maintain |
| Soneri Sahara | Customers aged 60 and above | No minimum opening or maintenance balance |
| Soneri Asaan | Customers needing simplified documentation | Rs. 100 to open; Rs. 3,000,000 maximum credit balance and Rs. 1,000,000 monthly debit cap |
| Asaan Remittance | Home-remittance beneficiaries | No opening minimum; Rs. 500,000 daily cash/transfer cap, Rs. 1,000,000 monthly local-credit cap, no commercial remittances |
| Soneri Kisaan SME Current | Agriculture and farming businesses | Rs. 100 opening balance |
| Mustaqeem Jari / Bachat | Islamic current or savings needs | Rs. 100 to open; Jari uses Qard while Bachat uses Mudarabah |
| Mustaqeem Meaadi | Islamic term deposit | Rs. 25,000 opening amount; return depends on the Mudarabah structure |
The Asaan Remittance restrictions matter before using the account for inward transfers: a home-remittance product is not a business-collections account. The practical checks in the guide to sending money to Pakistan help distinguish IBAN, purpose and recipient details before a transfer is initiated.
Profit figures in the July KFS are described as indicative or expected and may change with market conditions, tax treatment or the relevant Mudarabah pool. For that reason this update does not freeze a savings or term-deposit percentage. Compare the dated KFS with the broader explanation of profit accounts and current rates in Pakistan on the day of placement.
Selected charges effective July–December 2026
| Service | Published charge | Condition to notice |
|---|---|---|
| Account closure | Free on customer request | A foreign-currency balance paid by banker's cheque can trigger a separate USD 3-equivalent issuance charge |
| Cheque book | Rs. 30 per leaf | Free for non-remunerative current accounts; uncollected books destroyed after 45 days cost Rs. 12 per leaf |
| Debit-card annual fee | PayPak Rs. 3,000; Mastercard Standard Rs. 4,000; Gold Rs. 5,000; Platinum Rs. 10,000 | Choose the named card; replacement and supplementary fees are separate |
| ATM cash withdrawal | Soneri ATM free; 1Link ATM Rs. 35 per transaction | The 1Link amount is stated inclusive of FED |
| International ATM | Rs. 500 or 4.50% of the withdrawal, whichever is higher | Foreign exchange and network conversion may also affect the total |
| RAAST transfer | Free | Use the correct recipient identifier and verify the beneficiary before release |
| 1Link IBFT | Free up to Rs. 25,000 per month; above that, 0.1% or Rs. 200, whichever is lower | The excess-volume fee is stated inclusive of FED |
| Stop-payment instruction | Minimum Rs. 800 per cheque; maximum Rs. 1,600 per instruction | The total depends on the number of cheques covered |
| Cheque returned for insufficient funds | Rs. 850 or the available balance if lower | Intercity outward returns have a different Rs. 1,000 charge |
Unless the schedule expressly says otherwise, charges are quoted before applicable FED, sales tax or provincial levies. RAAST and 1Link are not interchangeable fee labels: the comparison of rails in Pakistan's digital-payments guide explains why a free RAAST transfer can have a different cost rule from 1Link IBFT.
Complaint clock, fraud warnings and dormancy
Soneri's complaint framework says a case should receive a reference acknowledgment within 2 working days. General issues target resolution within 3 to 7 working days; detailed investigations can take up to 15 days and fraud cases up to 30 days, with an interim update by the 10th working day if more time is required. Unresolved matters can be taken to the Banking Mohtasib Pakistan or the SBP consumer-protection process, including Sunwai.
The bank warns that it will not request one-time codes, card PINs, CVVs or other confidential credentials through unsolicited calls, messages or download links. A Soneri account with no qualifying customer activity for 12 consecutive months can be marked dormant and debit-blocked. These safeguards are operational limits, not instructions for accessing an account; customers should use only the contact details printed on current official bank documents.
Capital Structure and Market Data
As of December 31, 2025, Soneri Bank's Capital Adequacy Ratio (CAR) was 14.88%, a figure that was reported as 16.29% in September 2025. The bank's funding base was supported by a strong CASA mix of 82%. Its capital structure included PKR 8.0 billion in subordinated debt, of which PKR 4.0 billion was in the form of perpetual Additional Tier 1 (ADT 1) capital instruments.
In 2025, the bank's earnings per share (EPS) was PKR 4.13, and its book value per share was PKR 33.37. The bank announced a final cash dividend of PKR 1.50 per share, representing a payout ratio of 36%. At year-end, its market capitalization was approximately PKR 29.4 billion, with a free float of 330.74 million shares, or about 30% of its total capital.
Corporate Identity and Status
Soneri Bank Limited is a public limited company operating as a commercial bank in Pakistan. The institution was incorporated on September 28, 1991, and officially commenced its banking operations in April 1992.
The bank is positioned as a mid-tier commercial institution within the country's financial sector. It is publicly listed and traded on the Pakistan Stock Exchange (PSX) under the ticker symbol SNBL.
Sponsorship and Market Position
The bank has a sponsor background associated with the Feerasta Family, a group with established interests in manufacturing, exports, and trade finance. This background informs the bank's institutional history, although specific ownership percentages are not detailed in available financial disclosures.
Soneri Bank operates primarily as a deposit-led commercial bank, serving a general retail customer base alongside its corporate and trade finance activities. The fact sheet does not provide specific details on its current leadership, such as the Chairman or CEO.
Services
Contact Information
9th Floor, Harbour Front Building, H.C.3, Block-4, Marine Drive, Clifton, Karachi 75600, Pakistan
111-786-111