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Reading: SBP takes NBP to task to ensure payments to pensioners
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NBP Pansioners issue
PhotoNews Pakistan > Top News > SBP takes NBP to task to ensure payments to pensioners
Top News

SBP takes NBP to task to ensure payments to pensioners

Web Desk
By Web Desk Published July 3, 2016 2 Min Read
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The State Bank of Pakistan has taken immediate remedial measures and the operations of National Bank have now been restored and it is providing its services to the pensioners.

After taken notice from Federal Finance Minister, Ishaq Dar, the State Bank take up the matter with the National bank to ensure uninterrupted provision of banking services to the general public, particularly the pensioners.

Customers of the bank had to face difficulties in availing banking services at several locations in the country.

National Bank of Pakistan today experienced unanticipated technical difficulties in their operating system while catering to extraordinary demand for cash on the occasion of Eid ul Fitr and countrywide monthly pension disbursements.

Further, National Bank of Pakistan has also been instructed to keep all their branches open to make disbursements to the visiting pensioners/customers till late hours. Also, all banks including NBP have been instructed to ensure that all their ATMs remain functional and disburse cash through Eid break.

Read: NBP online system breaks down before Eid

This year, SBP has made elaborate efforts to ensure availability of banking services to the general public. These measures are aimed at providing hassle free financial services to the general public during holy Ramazan, forthcoming Edi-ul-Fitr and the extended holidays.

In this regard, SBP has issued special instructions for the opening of all bank branches on Saturdays (2nd and 9th July). Banks were also advised to ensure the uninterrupted availability of ATM machines across the country, and for this purpose State Bank has provided unprecedentedly abundant amount of cash for onward provision to general public through ATMs.

Also Read:Ishaq Dar takes strong notice of NBP online system breakdown

The ATM sites of commercial banks will be examined by inspectors of State Bank and verification teams of SBP-BSC field offices during the period 1st July 2016 till 10th July 2016 to verify their operational status

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