KATI wel­comes move to pay KASB ac­count hold­ers

The Financial Daily - - NATIONAL -

KARACHI: Pres­i­dent KATI, Rashid Ahmed Sid­diqui and Pres­i­dent, Karachi In­dus­trial Al­liance, Mian Zahid Hus­sain ap­pre­ci­ated the steps for the pay­ment up to 3 lacs for sav­ing ac­count hold­ers of KSB Bank from State Bank of Pak­istan and said that small ac­count hold­ers would get ben­e­fit from it but cur­rent ac­count hold­ers would face big trou­ble and mat­ter of pay­ments is be­ing com­pli­cated.

Pres­i­dent KATI, Rashid Ahmed Sid­diqui and Mian Zahid Hus­sain said that there is con­fu­sion among the cur­rent ac­count hold­ers of KSB Bank and trade and busi­ness ac­tiv­i­ties would be ef­fected due to it.

He said that State Bank of Pak­istan should be­hold dif­fi­cul­ties of cur­rent ac­count hold­ers of KSB Bank and give di­rec­tives to ar­range 50% from their ac­counts so that cur­rent ac­count hold­ers of KSB Bank would con­tinue their pro­duc­tion and busi­ness ac­tiv­i­ties.

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