Apropos to the news circulating about the Bank of Punjab (BoP), it is reiterated that the allegations being imposed are completely contrary to the facts. According to the press release, the bank has been dealing with the named client for the past 3 to 4 years.
The outstanding liabilities are fully secured and the client enjoying a satisfactory track record with the bank. Moreover, no financial loss has been caused to the bank, or there is any default in the accounts.-PR