Pakistan Industrial Credit and Investment Corporation (PICIC) acquired it as Gulf Commercial Bank Limited in early 2001.
In February 2001, the bank’s management again changed when Pakistan Industrial Credit and Investment Corporation acquired 60% controlling shares from Al-Ahlia and changed its name to PICIC Commercial Bank in May 2001.
As technology advanced, PICIC Commercial Bank was set to use it and make the best of it.
With that customers could access their accounts for deposits, withdrawals or inquiries from any branch nationwide it is most wide bank in today it is closed now.
(*) Subject to State Bank of Pakistan approval under review test