![]() |
|||
|
|
Important
Notice: Jang Group of Newspapers web site can be accessed One-day protest in Lahore causes Rs100m loss to banks By Azhar Mahmood KARACHI: Thirteen branches of 11 commercial banks of the country faced losses of more than Rs100 million on February 14 on account of riots-like situation at Lahore. According to details collected by bankers, not a single rupee in cash was looted from any bank branch but the extensive damage to buildings, ATMs, furniture and fixtures and burning of bank vehicles including cars and motorcycles besides vehicles of customers, have caused losses to the tune of over Rs100 million. Although the property, fixtures and ATMs were insured and banks would recover their losses from their insurance companies. But the owners of motorbikes and motorcars parked outside the branches, which were burnt by the mob, have to face the financial crunch if that were not properly insured. According to an official report, obtained by the News, following the bank-wise details of damage or financial loss faced by the 13 commercial banks of the country. 1. Four branches of Allied Bank of Pakistan situated at Anarkali, Circular Road, The Mall and Wapda House were ‘damaged’. 2. Glass of Front entrance of door of Bank Alfalah Ltd, The Mall was broken. 3. Citibank, Alfalah Building branch faced the damage of furniture, fixtures, computers and ATM. 4. Crescent Commercial Bank Ltd, front glass was broken. 5. First Women Bank Ltd, The Mall, main glass door was broken. 6. Habib Bank Ltd, front glass of Krishan Nagar and WAPDA House branches were broken. While bank’s Lahore Development HBL’s Authority Plaza branch faced total damage of front glass, furniture, fixtures including computers. The HBL branch opposite to High Court and Zarar Shaheed branch faced damages of front glass and front window pans. 7. Muslim Commercial Bank Ltd, The Mall branch faced no major damage to its cash, record or documents, however, spraying water by the fire brigade caused damage to computers. As per engineering wing’s report, structure seems to be unfit for operation. MCB has now made alternate arrangements at Nila Gumbad branch to facilitate its customers. MCB’s Ajmal House branch faced damage to its windowpanes facing Egerton Road. At Mcload Road branch, glasses and ATM were broken. 8. Following is the details of damage caused to six branches of National Bank of Pakistan. Regal Chowk branch. The branch has been destroyed and not in a position to run a business smoothly. The branch is being shifted to NDFC building. Krishan Nagar branch: Windows, front glass and panaflax board were broken. Jinnah Hall branch: All front door and wall glass were broken. WAPDA House branch: Eight glass sheets of front door were broken. Hotel Ambassador branch: Suzuki Mehran Car was damaged. LDA Plaza branch: Main glass and one computer damaged. 9. NIB Bank Ltd, Bank Square branch: Main glass and one computer were damaged. 10. Soneri Bank Ltd: The Mall branch main door glass and door machine damaged. ATM Room glass door including side frame damaged. ATM room camera damaged. ATM room AC and ATM totally damaged. ATM room’s side window glass damaged. Camera installed outside the branch including frames damaged. Windowpanes of front side of the building damaged. 11. The Bank of Punjab: Head office, main branch, Bank Square, Mcload Road, Anarkali, Jinnah Hall and Central Model School, branchea were damaged. Besides this three bank cars were damaged. 12. The Punjab Provincial Cooperative Bank. Shahrah-e-Quaid-e-Azam branch faced following damages. Staff vehicles and motorcycles were damaged. All outer windows, doors were destroyed. Both elevators were damaged. Bank’s training hall was damaged. 13. Union Bank Ltd, Egerton Road branch faced following losses: 40 staff motorbikes burnt. 25 customers’ motorbikes burnt. Six staff cars totally damaged. Three customers’ cars were burnt. Five security guard and sweepers’ cycles damaged. 25 Split ACs were damaged. 55 windowpanes and front door were damaged. Interior of building, was totally damaged. The News International, Pakistan Update|Top
Stories|
World
| National
| Karachi
| Islamabad
| Lahore
| |