Supreme Court order not to affect Summit Bank Depositors: SBP
By MG News | July 09, 2018 at 10:26 PM GMT+05:00
According to a press release by the State Bank of Pakistan, The Supreme Court's instructions provided in the order in no way pertain to the regular operations of the Summit bank and affects the depositors money
The said bank is working in normal manner and meeting its obligations towards depositors.
All rumors circulating in the media, particularly social media, about the Summit Bank are baseless and misleading. The public in general and depositors of the Summit Bank, in particular, are advised not to pay attention to such rumors.
State Bank of Pakistan reiterates its commitment to safeguard the interest of depositors and stability of the banking system of the country. Further, it reassures that country’s banking sector is stable and strong.
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