Bank declares Man who did not get loan defaulter
Reported By Syed Bukhar Shah
PESHAWAR: An aggrieved client of the United Bank Ltd (UBL) has threatened to file a suit for damages in the court of law if bank authorities failed to apologise to him for what he called their unprofessional attitude for the last two years. However, the bank denies the charges.
Capt (Retd) Dr Abdur Rahim, Deputy Medical Superintendent Hayatabad Medical Complex, Peshawar Continue reading »
Banking Mohtasib - Frequently Asked Questions
Q 1: What does “ombudsman” mean?
Q 1: What does “ombudsman” mean?
A: The word ombudsman is of Swedish origin and means “representative or agent” of the people.
Q 2: When and where was the office of ombudsman first established?
A: The first country to have a formal ombudsman scheme was Sweden in 1809.
Q 3: In how many countries is the institution of ombudsman functioning today?
A: In about 100 countries.
Q 4: What is the objective behind establishing the office of Banking Mohtasib? Continue reading »
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