Skip to main content

Pakistan Banking Association(PBA) Protest on Bank Timing, Proposal Submitted to SBP

Presently Pakistan Banking Associating (PBA) has taken initiative against late sitting and customer timing being faced by Banking sector in Pakistan, share a proposal with State Bank of Pakistan to reduce the Customer Timing and Business hours of the banks.


Agenda PointsCurrently customer timing (9:00 AM to 5:30 PM) of all banks in Pakistan without any break and Friday timing (9:00 AM to 6:00 PM) with approximately half an hour or 2 hours Juma break


Employees are available round the clock for resolution of ATM related issues without allowance (some of banks are paying nominal amount).

Bank staff has been disturbed due to high business targets and non-scheduled office timing, even staff have to come office on Saturday (Where branches are off) for warping pendency work or preparation of internal / external audit.


Bank staff are unable to manage their personal life due to late sitting and hard timing in the bank. Family life matters are going most worst, annoying because of unavailability of spare time which causes bad effects on our culture, society and living standard etc

Bankers are facing health issues (Sugar, Blood Pressure, Heart Problem, Back aces, Head aces, Eyes and Joint aches), even when you visit in any hospital during or on weekends find a large number of bankers on the bed or sitting in front of doctors for their checkup, treatment. No health activity is being observed and provided by the banks for keeping healthy life which is essential for a human .

Suggestion Points Bank timing should be changed appropriate from 9:00 AM to 3:00 PM (Monday to Thursday) and 9:00 AM to 1:00 PM (Friday).

Strict order issued to the banks to leave their office at maximum 4:00 PM (Monday to Thursday) and 1:30 PM (Friday).

If someone to sit late hours in the office, special approval should be sought out from Senior Management under intimation to State Bank of Pakistan (Monthly Late Sitting Report).


Bank staff visits on holidays for maintenance of ATM, should be given handsome allowance.

Promotion and rewards criteria should be relaxed, handsome compensation to be given to the staff on every year in addition to Performance Bonus and increments. Festival allowance should be given to the bank staff (some of banks are paying).

Well reputed organization introduce motivational and payout schemes for their employees to bring efficiency in the work and as well as for the growth of bank.


Pakistan Banking Association (PBA) is looking forward prolific response from the State Bank of Pakistan and also request with Governor SBP to take necessary steps against our protest point.

Comments

  1. Anonymous07:51

    It's a great initiative. State Bank of pakiatan and our government must think for bankers that banker can give their time to their families. Boast up this campaign so government can take action aganist this victimization and brutelity by the heads of banks.

    ReplyDelete
  2. It's a great initiative. State Bank of pakiatan and our government must think for bankers that banker can give their time to their families. Boast up this campaign so government can take action aganist this victimization and brutelity by the heads of banks.
    My bank time is 9am to 9pm.
    I request to State Bank of Pakistan take action against the banks....

    ReplyDelete
  3. Anonymous10:05

    Very good step and we all must unite for implementation of same

    ReplyDelete
  4. It's a good initiative and need urgent attention to realize the bankers as human beings.

    ReplyDelete
  5. Annual increment policy is also not good. There must be minimum of 10% as ratings concept are based on TC of employee and not on performance basis. Medical OPD also not allowed to clerical n Officers level who can afford but given to higher ranked affordable class.

    ReplyDelete
  6. Anonymous16:08

    This comment has been removed by a blog administrator.

    ReplyDelete
  7. This comment has been removed by a blog administrator.

    ReplyDelete
  8. Good initiative.......but what do you think SBP can consider never.
    Banks executive or CEO's dont want limited timing.they want 24 hour banking and profitability.

    ReplyDelete
  9. See the salary of executives and bank tellers.

    ReplyDelete
  10. SBP never cut down the timing....
    They are leased bother ......

    ReplyDelete
  11. Its good sugestions but SBP will not implement.

    ReplyDelete

Post a Comment

Popular posts from this blog

UP TO RS. 2 MILLION LOAN FOR SALARIED PERSON

Dubai Islamic Bank offering personal Loan facility up to Rs. 2 Million for salaried person Dubai Islamic bank is the first Islamic bank in Pakistan to offer a shari'a compliant " Personal Fiance" facility based on the Islamic Finance Features: 100 % Shari'a Compliant Affordable and competitive equal monthly installments. Hassle free and fast processing of your application form. Only Salaried persons can avail this facility. Say Hello! Askari Nayab Plan https://tryfinancialsolutions.blogspot.com/2018/12/invest-today-for-your-hassle-free-future.html?m=1 Eligibility: Age= 25 to 65 years Salaried Person( Salary must be credit in bank account). Minimum Salary should be Rs. 35,000/- Documents Required for Processing are: CNIC Copy Two recent Passport Size Photographs 3 Payslips Job Proof( Job Card, Visiting Card) One year bank statement Account maintaining certificate For ...

Invest Today For your hassle free Future

  Say hello to Askari Life Nayab Plan! You need a financial planner who is there, not just to grow your hard  earned income but save you from inevitable uncertainties. Our highly trained Financial planners are well aware of your growing investment requirements and specialize in providing trailor-made financial solutions. Key Purpose:  Investment Higher Education Marriage Protection                            Savings Uncertainty For Tax-Filler ( Tax Rebate upto 20%) "Tax Filler have opportunity to convert their taxes into profitable investments" Plan your dreams with us: You can buy a home Plan your World Tour Higher Education for Children Children Marriage Buy your dream Car For your hassle free Retirement age Minimum Investment/Premium: Minimum Rs. 20,000/- Annually Mode of payment: Annually                ...

Pakistan will be next Palestine!!

This is something we are ignoring immensely stuck in our short term perception and gains of life. This is NOT a joke. Really. Things are going bad and going really fast I must say. Raise your voice, don't let it be another Palestine. An important Message for #Pakistanis All People of Pakistan should stand up for passing a law that "Foreigners Cannot Buy Land in Pakistan and Start Business without Local Pakistani Sponsorship". If, we don't stand now then #Chinese will buy all land of Pakistan (They have money to buy) and one day our coming generations will be standing like #Palestinians to get their land back... Pass this to as many people you can to make this voice heard to make the required Laws... Also they cannot start their business in Pakistan without keeping 55% share holder to LOCAL Pakistani along with yearly money just like gulf states, UAE, KSA etc and China mainland itself is doing for the betterment of their state and citizens. Pray ...

What is Tax Rebate? Its Calculation, Reasons , Documentation & Methods

According to Nigerian Law what is Tax Rebate? Its Calculation,Reasons,Documentation & Methods Tax Rebate/Tax Refund A  tax refund  or  tax rebate  is a payment to the taxpayer when the taxpayer pays more tax than they owe. Calculation of Tax Rebate/Tax Refund Tax rebate/Tax refund =    Input tax – Output Tax Input Tax An input tax is a levy paid by a business on acquired goods and services. An example of an input tax is the value added tax . When a business then taxes its customers , this is considered an output tax. The business pays the federal revenue authority the difference between the output tax and input tax if the amount is positive, or it can apply for a tax refund if the amount is negative. Output Tax Output tax  is the VAT that is calculated and charged on the sale of goods and services from your business, if you are VAT-registered. This must be calculated on sales to ot...

Attractive opportunity for investment in Property

BRAND NEW BUNGALOW AVAILABLE FOR SALE IN DHA KARACHI. SPECIFICATION: Brand New 100 Square Yards double storey House  with the accommodation of 3 Bed Room(1+2) Peaceful Location Demand: 3.5 Crore Location: Defence Housing Authority Phase VII (ext.), Karachi. For further details feel free to comment. https://refferalsearnings.blogspot.com/2019/09/wow-app-new-way-of-earning-without.html?m=1

State Bank has reduced the time of clearing Cheque from 48 hours to under 3 minutes

Clearing cheques has always been a headache, will not any more! 1. Simply walk in the paying bank. 2. Present the crossed cheque at the counter. 3. Provide your account details. 4. Get the funds transferred into your account. Clearing time reduced from 48 hours to under 3 minutes. Facilitation regarding Paper-based Clearing Operations in the wake of COVID-19 To combat the potential spread of COVID-19 pandemic by limiting person-to-person interactions and to provide ease of services to the customers, Banks/MFBs are allowed to provide the following services to their customers: Direct Cheque Deposit Facility under which: A crossed cheque may be presented by payee/beneficiary directly into the paying/drawee bank, instead of their bank branches as per the existing practice. In this case, funds may be transferred by the paying/drawee bank either through RTGS customer fund transfer - MT102 or Over the Counter (OTC) IBFT or Bank...

Home Finance for Salaried Persons

You can buy, built or renovate your home on easy Installments Features Lowest rentals rates. Quick processing. Up to 100 Million financing. Income clubbing  Financing Tenure 3 years to 20 years. Financing available for buy, built and renovation. Eligibility: Age limit (20-60) years Salary should be credit in bank account Minimum Salary Rs. 80,000/- 2 years job relation Clean property documents and property should be leased. Documents: Cnic Copy Two recent passport size photographs 3 months current payslips One Year Bank Statement Account maintaining certificate(must showing Cnic #) Applying for home loan  What's app your basic details Like ; loan amount, tenure, and  your monthly income.  What's  app @  0332-2174785 Home Finance for Businessman https://tryfinancialsolutions.blogspot.com/2018/12/home-finance-for-businessman.html?m=1

SBP imposes Rs 184 million penalties on four banks

KARACHI: The State Bank of Pakistan (SBP) has imposed penalty of Rs184.64 million upon four commercial banks for violating laws related to Anti-Money Laundering (AML)/Know Your Customer (KYC). The central bank on Thursday said that these penalty amount was imposed during the month of July 2019 against banks included: The Bank of Punjab; JS Bank Limited, Bank Al Habib Limited and Soneri Bank. The SBP imposed penalty of Rs13.072 million against The Bank of Punjab on July 15, 2019 for violating in areas of foreign exchange operations. In addition to penal action, the bank has been advised to improve its internal processes, the SBP said. The Bank of Punjab was again penalized with Rs16.119 million on July 18, 2019 for violating in areas of AML/KYC, unclaimed deposits. In addition to penal action, the bank has been advised for improvements in the areas of AML/KYC, the central bank added. The SBP penalized JS Bank Limited with penalty amount of Rs48.211 million on July 23, 20...

Airline industry suffered severely by Corona Virus

Corona Virus directly hit to the Airlines industry. Flight operations are reduced up to 85% and multinationals are adopting the policy of firing their employees from their jobs. In 1st stage they have fired over 55 age group emplyees, if this situation will continue it will go very bad especially for pilots, approximately more 100,000 pilots will be fire and more than 1 Million including professional and non clerical staff will be fire. Top multinationals worldwide grounded their airoplanes and are in huge losses of the entire history.  The world economic outlook of airlines industry.  -Virgin fires more than 3000 people including 600 Pilots - Virgin Australia folds.   -Finnair returns 12 planes and lays off 2,400 people  -You grounds 22 planes and fires 4,100 people  - Ryanair grounds 113 planes and gets rid of 900 pilots for the moment, 450  more in the coming months  - Norwegian completely stops its long-haul activity!!!  The 787s are retu...

CAR IJARAH FINANCING FOR SALARIED PERSON

It’s time you drove your car with pleasure and peace of mind. Dubai Islamic Bank offers a world class auto finance facility that enable you to get a car quickly, conveniently and in a fully Sharia Comliant manner.  Features: Low Takaful rates compared to any other bank. upto 85% financing of car price Finance Rs. 100,00 to Rs. 5,000,000 Financing Tenure up to 7 years Say Hello! To Askari Nayab Plan https://tryfinancialsolutions.blogspot.com/2018/12/invest-today-for-your-hassle-free-future.html?m=1 9 years old Vehicle can be financed No monthly rental payments will be made by the customer before delivery of the car in advance booking cases. Competitive and affordable monthly rentals. Ready delivery and advanced booking. Home Finance for Businessman; https://tryfinancialsolutions.blogspot.com/2018/12/home-finance-for-businessman.html?m=1 Eligibility: Age  21  to 60 years Minimum Salary should be Rs. 30,000\- Documents Required f...