Mar 23
Money & Banking
Procedure to lodge complaints against banks in Pakistan
KARACHI: Banking Mohtasib (Ombudsman) Pakistan has simplified procedure to lodge complaints against banks in Pakistan.
Mar 13
Money & Banking, National, Top stories
Bank blocks credit card but charges renewal fee; BMP takes action
KARACHI: Banking Mohtasib (Ombudsman) Pakistan (BMP) has taken action against a bank for block credit card of a retired person but charged annual renewal fee.
Feb 9
Money & Banking
Banking Ombudsman provides Rs1 billion relief during CY22
KARACHI: The Banking Mohtasib (Ombudsman) Pakistan, Muhammad Kamran Shehzad on Thursday said his institution has provided relief of about one billion rupees (Rs 974.36 million) to the banking customers by disposing of 27,658 complaints against commercial banks during the calendar year 2022.
Jan 22
Money & Banking
Pakistan’s renowned novelist becomes victim of online bank fraud
Pakistan’s renowned novelist Mirza Athar Baig has become victim of online bank fraud and lost Rs 1.1 million from his bank account.
Nov 1
Money & Banking
Banking Mohtasib opens new Faisalabad regional office
KARACHI: A new Regional Office of Banking Mohtasib Pakistan (BMP) has become functional at SBP BSC, Faisalabad premises from Tuesday November 01, 2022. With the opening of new office, the complainants of Faisalabad and its adjoining areas would be facilitated as earlier these customers had to travel to Multan and Lahore for redressal of their […]
Oct 10
Money & Banking
Banking Mohtasib provides Rs639 million relief during 9MCY22
KARACHI: Banking Mohtasib Pakistan has provided monetary relief amounting to Rs 639.1 million to the banking customers by disposing of 20,239 complaints during the first nine months (January – September) of the current calendar year, 2022. READ MORE: Banking Mohtasib provides quarterly relief worth Rs263 million A statement issued Monday informed that from January 01 […]
Jul 18
Money & Banking, Top stories
Banking Mohtasib provides quarterly relief worth Rs263 million
KARACHI: The Banking Mohtasib [Ombudsman] Pakistan (BMP) has provided a relief of Rs263 million to the customs of commercial bank during the quarter ended July 30, 2022. The ombudsman provided this relief by disposing of 7505 complaints against commercial banks in the second quarter (April to June 2022) of the current calendar year, 2022, according […]
Apr 12
Money & Banking
Banking Mohtasib provides relief worth Rs225 million
KARACHI: The Banking Mohtasib Pakistan has provided monetary relief amounting to Rs 225 million to the banking customers by disposing of 6,563 complaints against commercial banks during the first quarter (January to March, 2022) of the current calendar year. READ MORE: President Alvi directs bank to refund unfair recovery According to a statement issued on […]
Mar 1
Money & Banking
President Alvi directs bank to refund unfair recovery
ISLAMABAD: The President of Pakistan, Dr. Arif Alvi has directed the Bank of Punjab to refund money to a family of a deceased person, which was recovered unfairly. President Dr. Arif Alvi upheld a decision of the Banking Mohtasib of Pakistan (BMP) ordering the Bank of Punjab to refund an amount of Rs 423,556 to […]
Jan 25
Money & Banking, National, Top stories
Customers get Rs709 million in complaints against banks
Banking customers have been provided relief of an amount of Rs709 million in complaints lodged against banks, according to a statement issued on Tuesday. The Banking Mohtasib Pakistan (BMP) has provided relief amounting to Rs 709 million to the banking customers by disposing of 32,592 complaints during the year, 2021 out of 37,364 complaints which […]