Money, Finance and Banking Blog in Pakistan
Posts tagged Employees
60 Employees of Zari Taraqiati Bank Limited Reinstated
Feb 18th
Out of 68, 60 employees of Zari Taraqiati Bank Limited (ZTBL), who were sacked during 1996-98, have been reinstated, the bank Vice President (VP) informed the Sub-Committee of Federal Cabinet on Re-instatement of Sacked Employees of ZTBL on Wednesday.
ZTBL VP told the meeting that the rest eight employees had not contacted the committee so far. He said the re-instated employees were being promoted and salaries were being paid to them as per instructions of the sub-committee of federal cabinet.
Senators Dr Malik and Hassil Bezinjo from Balochistan informed the meeting that the people of Balochistan had not been given their due More >
Bank of Punjab is Hiring
Feb 6th
The Bank of Punjab is one of the leading banks in Pakistan with a large network of branches. The Bank requires professional bankers for the following positions:
- Group Head Corporate and Investment Banking (C&IBG): (Lahore based)
- Relationship Managers / Officers – Corporate: (All Pakistan basis)
- Special Assets Management Managers / Officers: (All Pakistan basis)
National Bank to Hire Children of Employees
Jan 17th
National Bank of Pakistan (NBP) has announced to provide employment opportunities to children of its previous and current staffers, tells a media report.
Jobs will be provided in clerical and non-clerical cadres to sons and daughters of employees who have retired, have availed golden handshake (GHS), voluntary handshake (VHS) or voluntary separation scheme (VSS), or are currently in regular service of the bank.
Children of deceased employees will have first priority to get job, children of retired employees will have second priority, and children of in service staff will have third priority. These applicants will, however, need to meet minimum criteria for More >
HSBC (too) Downsizes
Oct 11th
The Nation has reported that HSBC Pakistan will be cutting down on its staff in Pakistan by 40-45 across various levels. The layoffs have been reported to be caused by a decrease in the bank’s earning and profitability. Earlier many other banks in Pakistan including HBL, MCB, UBL, Citibank and DIBPL have also reduced their human strength.
The HSBC’s decision to cut its administrative expenses could be very realistic. But we can not ignore the humanitarian aspect attached to it. While layoffs are as common in the developed countries as in our country, if not more, to cut costs, but we fail More >
Record Promotions by ‘Non-Banking’ President of ZTBL
Aug 7th
This year a record high number of Zarai Taraqiati Bank Limited’s 1358 employees have been promoted to next grades.
According to Zaka Ashraf, President Zarai Taraqiati Bank Limited (ZTBL) these promotions are aimed at redressing grievances of employees of the bank who had been deprived of promotions for over two decades. Zaka Ashraf advised them to work hard and turn ZTBL into one of the best banks of the world.
These promotions have been from the grade of OG-II to OG-I and OG-I to Assistant Vice President (AVP) levels. Promotions of AVP employees to Vice President (VP) level are yet to be announced.
While More >
