What’s at Stake

The State Bank of Pakistan allows banks to practice sale’s tactics that are far from transparent. In selling banking insurance, they often don’t actively disclose deductions in the form of insurance premiums. The deductions end up being quite large, and the targets are often unsuspecting customers, including the young and elderly.

Current Status

PILAP has written to the State Bank of Pakistan asking about any regulations in place that address these practices.

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