Banking Ombudsman pledges to settle disputes between businessmen & banks

SIALKOT: Banking Ombudsman of Pakistan Anis ul Husnain has pledged to resolve the disputes between the business community and the banks, besides decreasing pendency of the old cases between two sectors.

He stated this while addressing an important meeting of the businessmen held at Sialkot Chamber of Commerce and Industry (SCCI) here Thursday. SCCI President Dr. Sarfraz Bashir, SVP Mian Muhammad Anwar, RDO Umair Nisar, senior bankers and financial tycoons were present on this occasion.

Banking Ombudsman disclosed that he had settled the financial disputes worth of Rs. 75 million between the businessmen and bankers during the last fiscal year.

He said that Banking Ombudsman institution has been made more credible and trust worthy of the country, having no political influence. He said that early resolution to business community’s litigation was his top priority.

He announced to resolve every litigation dispute between the banks and the businessmen within a stipulated period of next two months. He said that this step would also help to resolve prolonged cases, in this regard.

He asked the bankers to bring betterment in their services being rendered to the businessmen on top priority.

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