MARDAN, May 3: Customers of the Prudential Investment Bank Limited, Mardan, have accused the officials of the bank of refusing both deposits and interest on them for the last 16 months.

In a statement issued here, they said they opened accounts in the PIBL, but after some time the bank officials adopted delaying tactics to avoid the release of monthly interest to the depositors.

They said that during the last 16 months, the PIBL management also refused them the actual amount in addition to the interest.

A doctor of Sheikh Maltoon Town, Dr Tariq Khan, complained that he deposited his amount in the PIBL, but now he was deprived both of the interest and his actual amount.

Dr Tariq appealed to the Governor of State Bank of Pakistan, Ishrat Hussein, to look into the matter and take action against the bank officials.

Similarly, another client of the PIBL, also complained that he was a retired army official and deposited his pension in the bank, but now when he needed the money for the marriage of his daughter, the PIBL management refused to release the money.

Opinion

Editorial

A difficult story
12 Jun, 2026

A difficult story

WHILE launching the Economic Survey 2026, Finance Minister Muhammad Aurangzeb told a hopeful story of economic...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...