KASB Bank explained

KASB Bank
Type:Private
Founder:Khadim Ali Shah Bukhari
Successor:BankIslami Pakistan
Defunct:2015
Fate:Acquired by BankIslami Pakistan
Location:Karachi, Pakistan
Industry:Banking

KASB Bank was a Pakistani bank which was founded by Khadim Ali Shah Bukhari. The bank was headquartered in Karachi, Pakistan.[1] It is worked under the KASB Group of Companies. KASB Group is the oldest capital markets business in Pakistan, established in 1952 by Khadim Ali Shah Bukhari. KASB Group has business interests in financial services ([http://www.kasb.com KASB Securities], KTrade, KASB Modarba), Real Estate (KASB Tower), Education (KASB Institute of Technology), agriculture and media (Play TV).

On 7 May 2015, the bank merged with Bank Islami due to financial difficulties.[2]

External links

Notes and References

  1. Web site: Kasb Bank Limited (Islamabad) Company Profile - Pakistan | Contacts & Key Executives | EMIS.
  2. Web site: KASB BANK LTD (KASBB:PA): Stock Quote & Company Profile - BusinessWeek . investing.businessweek.com . dead . https://web.archive.org/web/20100607060541/http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=KASBB:PA . 2010-06-07.