To facilitate the stock market investors, the Central Depository Company Investors Accounts can now be opened at six Habib Bank branches in Karachi and Lahore. In the first phase, following six HBL branches will provide this facility: 1) State Life Branch, State Life Building, 9, Dr Ziauddin Ahmed Road, Karachi; 2) Badar Commercial Branch, Phase VI, DHA, Karachi; 3) Nursery Branch, Main Shahra-e-Faisal, Karachi; 4) Corporate Branch, Upper Mall, Lahore; 4) Main Market Branch, Gulberg II, Lahore; and 6) DHA Branch, Commercial Area, DHA, Lahore.
CDC Chief Executive Hanif Jakhura said that this decision has been taken by the Company with a view to facilitate clients in accessing CDC services without worrying about parking arrangements and traffic congestion's common in busy business areas.
He said that CDC and HBL are working to provide a complete range of CDC Investor Account Services (IAS) through the bank's countrywide network. This facility would be of great benefit to investors to make all required IAS transactions as well as bank transactions from their nearby bank branch.
Also, for the convenience of CDC Investor Account holders, shares deposit counters at CDC head office have also been moved to Progressive Plaza, near PIDC House in Karachi.