Ombudsman cites failures in fraud monitoring, transaction limits and regulatory compliance after customer loses savings to scammers
(more…)Tag: Banking Mohtasib Pakistan
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BMP says 66% complaints filed against large banks in 2025
Majority complaints filed against large banks
Banking Mohtasib Pakistan on Tuesday said around 66 percent of banking complaints received during calendar year 2025 were filed against large-sized banks.
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Banking Mohtasib provides Rs1.87 billion relief to customers in 2025
Banking Mohtasib Pakistan provided relief exceeding Rs1.87 billion to banking customers during calendar year 2025 by resolving 36,280 complaints against commercial banks.
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Banking customers receive Rs1.46 billion relief via ombudsman in 2025
Karachi, November 10, 2025 – The Banking Mohtasib (Ombudsman) of Pakistan has provided significant relief of Rs1.46 billion to banking customers by resolving more than 28,700 complaints during the first ten months of 2025, from January 1 to October 31.
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Online banking complaints hit record high in Pakistan
Karachi, October 15, 2025 – Complaints related to online banking have witnessed a notable surge in Pakistan over the past few years, according to the Annual Report 2024 issued by the Banking Mohtasib of Pakistan.
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Complaints against banks jump 35% in first half of 2025
Karachi, August 2, 2025 – Complaints against commercial banks have surged by 35% during the first half of the calendar year 2025, raising concerns about service quality and customer protection across the banking sector.
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Exporter suffers major loss after critical bank miscalculation
Karachi, April 26, 2025 – In a recent case, a serious miscalculation by a leading Bank caused a substantial financial loss to an exporter, highlighting the critical importance of accurate handling of export proceeds.
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Bank caught issuing insurance without account holders consent
Karachi, April 23, 2025 – A major bank has come under scrutiny after it was found issuing insurance policies without the consent of its account holders, and deducting premium amounts directly from their deposits.
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Bank Refunds Millions After Fraudulent Transactions Occur
Karachi, April 22, 2025 – A leading bank has come under scrutiny after its failure to prevent a major fraudulent incident led to unauthorized withdrawals totaling over Rs7.3 million.
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Habib Bank Tops 2024 List for Customer Complaints
KARACHI, April 22, 2025 – Habib Bank Limited (HBL) has topped the list of financial institutions with the highest number of banking customer complaints during the calendar year 2024, according to the annual report released by the Banking Mohtasib of Pakistan.
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