Flaunting regulations: SBP should look into other banks, say analysts

Analysts add SBP must look at all aspects of capitalisation, capital requirement of all banks to be in line with rules

KARACHI:

Analysts said SBP must look at all aspects of capitalisation and the capital requirement of all banks has to be in line with SBP rules and regulations.

There are other banks besides KASB that do not meet the capital requirements and are in violation of SBP rules and regulations, they noted.  They said that KASB happens to be one such bank. In the interest of depositors, it will be advisable that greater vigilance be exercised.

Published in The Express Tribune, November 15^th, 2014.