| Company type | Public |
|---|---|
| Industry | Banking, Financial services |
| Founded | 1924 |
| Headquarters | , Pakistan |
Area served | Punjab, Pakistan |
Key people | MUHAMMAD SALEEM TAHIR |
| Products | Agricultural loans, Housing loans, Banking services |
| Services | Financial services, Cooperative banking |
| Website | www |
The Punjab Provincial Cooperative Bank Limited (PPCBL), established in 1924, is one of the oldest banks in Pakistan. It has historically served as a specialized bank catering to the needs of housing and agricultural cooperatives.[1]
History
[edit]PPCBL was established during the British rule and played a major role in providing agricultural credit after partition. However, over time, the bank faced financial challenges and bureaucratic problems.[1]
Sports involvement
[edit]PPCBL has a cricket team. In May 2023, the PPCBL cricket team defeated Lahore Gymkhana in a friendly match.[2]
President
[edit]==CEO MUHAMMAD SALEEM TAHIR]] (AUG 2023 - TO DATE)[3][4]
Legal issues
[edit]In May 2018, a notable scandal involving misappropriation of funds emerged, leading to legal action.[5]
In July 2023 the bank, along with other banks, received fines for violations of the rules.[6]
References
[edit]- ^ a b Farooq, Mariam Umar (September 3, 2023). "How one of Pakistan's oldest banks cleaned up its act". Profit by Pakistan Today.
- ^ "PPCBL beat Lahore Gymkhana in friendly match". The Nation. May 30, 2023.
- ^ "Tahir Bhatti takes charge of PPCBL president". The Nation. December 16, 2021.
- ^ "Tahir Bhatti Takes Charge as President/CEO of ZTBL".
- ^ "Remand of ex-chairman extended". The Express Tribune. May 24, 2018.
- ^ "Jul 28, 2023 | Six banks get slap on the wrist for rule violations". Dawn Epaper. July 28, 2023.
| Central bank | |||||
|---|---|---|---|---|---|
| Big Four | |||||
| Commercial banking |
| ||||
| Microfinance | |||||
| Islamic banking | |||||
| House building | |||||
| Savings Bank | |||||
| Foreign banks | |||||
| Defunct banks | |||||
| See also | |||||
Well, that’s interesting to know that Psilotum nudum are known as whisk ferns. Psilotum nudum is the commoner species of the two. While the P. flaccidum is a rare species and is found in the tropical islands. Both the species are usually epiphytic in habit and grow upon tree ferns. These species may also be terrestrial and grow in humus or in the crevices of the rocks.
View the detailed Guide of Psilotum nudum: Detailed Study Of Psilotum Nudum (Whisk Fern), Classification, Anatomy, Reproduction