All of us have seen the hyperbolic posts on LinkedIn about the future of work and how the labour markets have changed dramatically especially over the past year. There’s obviously truth in that, even beyond the usual work from home examples. The contrast is glaring whenever any young adult goes to their parents to discuss switching jobs from some big firm to a lesser-known entity. From stability and security, the priorities have shifted to growth.
Gone are the days when one’d take any job just for the sake of some fancy name. In this day and age, roles and skills have come to take precedence. But that might be applicable to only a few: specifically the globalised (usually urban) upper middle class, mostly with their degrees from a handful of top universities and brief stints with multinationals or major Pakistani corporates. That’s the food chain, with foreign grads on the top, followed by the big local brands. It’s this lot (or some chartered accountants) that largely featu
KARACHI: Parwaaz, Habib Bank Limited and Institute of Bankers Pakistan signed a memorandum of collaboration to develop a skill programme for Parwaaz’s financial services incubator, a.
Banking ombudsman provides Rs598mln relief to consumers
Business
February 26, 2021
KARACHI: Banking Mohtasib (Ombudsman) Pakistan provided Rs598 million worth of relief to consumers after addressing various complaints against banks during the last year, an official said on Thursday.
The office disposed 21,360 complaints out of 25,528 in 2020, Banking Mohtasib Pakistan Kamran Shehzad told a news conference at the Institute of Bankers Pakistan. He unveiled the Annual Report 2020 of Banking Mohtasib Pakistan (BMP).
Total 22,750 new complaints were received in 2020 whereas 2,778 complaints were brought forward from 2019, according to the report
Shehzad said out of 25,528 complaints, 16,123 complaints were resolved amicably through reconciliation, 166 complaints were decided after formal hearings and orders passed accordingly, while 5,071 complaints were disposed of/rejected for being incomplete, frivolous and lacking jurisdiction and 4,168 complaints remained outstanding as on De
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