National Bank of Pakistan refutes PTI leader statement

Karachi, February 26, 2018 (PPI-OT): The National Bank of Pakistan (NB) here on Monday issued a clarification with reference to a statement issued by Haleem Adil Sheikh, Senior Executive Vice president of PTI (Sindh), saying the allegations deemed baseless and untrue. National Bank of Pakistan (NBP), strongly refutes the baseless acquisitions linked with the serving CEO and President of NBP, Mr. Saeed Ahmed who associates no family relations with Mr. Ishaq Dar (as mentioned in the issued statement).

In addition to the aforementioned facts, this is to clarify that the Prime Minister Youth Business Loan is a concessionary SME loan structured product that the bank is offering to the talented youth of the country since last four years. The centralised processing unit of PMYBL is in Karachi that processes all applications coming in from across the country. Further, to ensure enhanced customer services and banking efficiencies within the premises, the new appointments at the National Bank of Pakistan are solely made on basis of merit with proper planning and rationale the release concluded.

For more information, contact:
Vice President / Divisional Head (A)
National Bank of Pakistan (NBP)
Corporate Communication and Brand Management Division
Head Office, NBP Building, I.I. Chundrigar Road,
Karachi, Pakistan
Tel: +92-21-99220773
Cell: +92-300-8202184
Fax: +92-21-99212734
Email: ibne.hassan@nbp.com.pk