Talks on with two parties for CSIBL deal: SECP chief

04 Nov, 2006

The government is negotiating with two potential buyers of Crescent Standard Investment Bank Limited (CSIBL). At a press conference on new risk management measures for stock exchanges on Friday.
Securities and Exchange Commission of Pakistan (SECP) Chairman Raziur Rehman Khan said that one foreign and one local buyer have shown interest in purchasing the CSIBL. In this connection, the government has started discussions with both potential buyers. However, he did not disclose the names of the interested parties.

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