Unfortunate.

Shall we depositors get any re-assurance from the SBP, that when and how the depositor can withdraw their hard cash....

@Abdu Rahman at most after 6 months, which was pretty much clear in their last notice. This will be tough on large depositors to wait for such a long time !!!

KASB ATM network is disconnected for the last three days. Their branches remained closed on Saturday. Online account status service also remained suspended. Hope I am able to withdraw my amount today

The bank staff are also shocked I heard, people are blaming the central bank government and PML _N. They are also saying that PML N was against Bahria, and Bahria town and residence were having lots of deposits there. Therefore, Nawaz Sharif playing game with the public. I don't know is it true or not, but as a depositor I still worried not to have any clarification from Central bank. So sad, now I realize who bad and unfortunate is this country and how unfortunate are we, that sometime establishment, sometime Nawaz Sharif and sometime Zardari is playing with public money.... so sad.. :(

What about the rest of 7.7% business accounts, saving accounts, Mahana income accounts. Its Monday I am in need of cash for to clear my outstanding credit towards material. I have to participate in a tender and have to submit earnest money along with tender. Govt Re think what you are doing. Re think and Re thing for the interest of Public and Public's Business too. Insider story is already leaking.......

What a waste country. Full of uncertainties. I am SAD to be a Pakistani.

About 3 years back I told the then manager of KASB Bank Gulishan-e-Iqbal branch Karachi that soon your bank will meet its fate and here we are. The attitude of KASB bank's staff is highly non-professional. On one not that fine morning I reached my branch and asked the teller to inform me about my current balance as I wanted to write a cheque. The teller who was playing a game on his cell phone pointed to a lady and asked me to request her, I went to that lady and she said that Its teller's job. finally I went to ATM and use my card to check balance and came back to branch and wrote the cheque. Another interesting incident that I would like to share is that I requested for a new cheque book. The bank issued me a new cheque book after 2 weeks. I wrote a cheque to one of my friends and to my utter surprise my friend informed me after 3 days that Bank returned your cheque as its serial number is not with bank's computerized record. When I inquired about it the bank's manager told me that they FORGOT to enter the serial numbers into their system!! wow!! height of professionalism! One more thing, they seldom mailed me my account's statement, I used to ask them and every time I needed one and that too after paying charges. That was my last day with KASB, may you rest in peace KASB, ameen

@tutu I got out of this corrupted country at the right time. Thank God.

its a bad thing that has happened, SBP needs to be more stringent in enforcing its ADR regulations and keeping an eye on the banks, but lets put this into context . lets remember in the west banks were collapsing like pins in the last 6 years, the Pakistani banking system has remained immune from those problems. So its not all bad news! you need to see the big picture and not focus completely on the small picture.

Very unfortunate .........just like cyprus case .....they close bank for 20 days and 40% of there deposit was surrender to state ,!during Financial crisis

Shall we depositors get any re-assurance from the SBP, that when and how the depositor can withdraw their hard cash....

There are clear indications this is the start of the banking sector collapse, that is why their falsely lifting the market and Nawaz Sharif is running foreign countries to ask for money. This is a start of serious economic decline, it is already being discussed and taught in think tanks in Washington DC and London but the Pakistani government is making a fool out of the public. The industry never lets the real issues out in the media that is also commercially driven.

Lesson is: always go for category A banks as identified in credit rating agencies report!

Failed economy policy of Pakistan!

My father has account in kasb securities, guide me please? Who also have a/c there

@Abdu Rahman when we will be able to widthraw all balance from kasb bank any indication from SBP ?