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6-month moratorium by SBP: Askari, Sindh banks allowed diligence of KASB Bank


KARACHI: Following imposition of a six months moratorium over failure to meet its mandatory financial requirement, the State Bank of Pakistan (SBP) has allowed to Askari Bank and Sindh Bank to carry out due diligence of KASB Bank. Both the banks are being considered as mid-tier and emerging banks with moderate profitable operations and therefore the SBP permitted them to ... Read More »