Pakistan

Banks and Their Employees to Donate to Diamer Basha and Mohmand Dam Fund

State Bank of Pakistan (SBP) and commercial banks have pledged employees salary as well as organizational donations for the Supreme Court established Dam fund. SBP and banks announced to provide every kind of facilitation to Pakistani Public to submit their donations to the Dam Fund.

Deputy Governor SBP Shamsul Hasan addressed an emergency Press Conference at SBP Learning Resource Center Karachi. President National Bank Saeed Ahmed, President HBL Muhammad Aurangzeb, and UBL President Sima Kamil also address the media. Presidents and senior officials of commercial, Islamic and microfinance banks were also present at the press conference.


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While addressing the conference Shamsul Hassan said that donations can be made online through the internet, ATM banking or other channels besides cash deposits at counters of banks. In case of any query or difficulty in making donations, the public may contact State Bank of Pakistan Help Line at UAN 111-727-273. Deputy Governor pledged the donation on behalf of SBP and its subsidiary organizations employees.

“SBP officers and workers will give 2-day salaries and subsidiaries will donate their one day salary in Diamer Basha and Mohmand Dam Fund Account.” according to Shamsul Hassan.

On the question of how much fund is collected so far? Shamsul Hassan did not give any figure but said, “The response we’ve witnessed, we hope the People of Pakistan will donate more than Rs. 800 billion in this national cause.”

National Bank (NBP) President Saeed Ahmed said that bank employees will donate one day salary and bank management will match this amount. He said that all NBP branches are collecting the fund and after every half hour, the fund amount is transferred to NBP head office branch for immediate dispersal to SBP account.

Habib Bank President, Muhammad Aurangzeb, told media that 1700 branches have been deputed to collect donations for the fund. The bank also activated a helpline for the purpose. HBL will donate Rs. 100 million in fund and employees will give one day salary.

United Bank President Sima Kamil said that UBL had already established the fund account and people have started donating to it. UBL has also sent text messages to account holders asking for donations to the Dam Fund.

The representatives of Allied Bank and MCB Bank also announced that they would donate one day salary and bank management will match the amount as well.

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Published by
Raja Kamran