KASB Bank
| Company type | Private |
|---|---|
| Industry | Banking |
| Founder | Khadim Ali Shah Bukhari |
| Defunct | 2015 |
| Fate | Acquired by BankIslami Pakistan |
| Successor | BankIslami Pakistan |
| Headquarters | Karachi, Pakistan |
| Products |
|
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 underwent a strategic merger with Bank Islami, a move necessitated by financial difficulties that had been impacting operations. This consolidation aimed to strengthen the bank’s financial footing, enhance it's services, and better position it for long term success.[2]
References
- ^ "Kasb Bank Limited (Islamabad) Company Profile - Pakistan | Contacts & Key Executives | EMIS".
- ^ "KASB BANK LTD (KASBB:PA): Stock Quote & Company Profile - BusinessWeek". investing.businessweek.com. Archived from the original on 2010-06-07.
External links
- KASB Bank's official site
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