Measures being taken to facilitate account holders

KARACHI (APP): Central Depository Company (CDC) of Pakistan is taking additional measures to facilitate the account holders of KASB Securities during its current suspension period. So far, CDC has handled 126 Transfer of Holding Cases while 24,921,101 Securities worth around Rs.1 billion have been transferred from KASB Securities into respective accounts, the official sources said here on Friday. Since the announcement by SECP, CDC in order to facilitate the investors has set up dedicated help desks with steadfast staff while extensive support through CDC Call Center and Investor Account Services at all branches. It is important to note that all requests been made so far with respect to KASB Securities have been fulfilled. In the same reference, 141 Investor Accounts have also been opened with CDC. Similarly, the CDC Call Center has received 600 calls per day on an average in this regard alone this working week. The CDC Head Office in Karachi and branch offices in Lahore and Islamabad will remain open on Saturday, November 22, to further facilitate customers. All these measures are in line with CDC?s policy of facilitating customers and playing an integral role in safeguarding their investment portfolios.


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