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SBP asks banks to provide services to senior citizens without distinction

State Bank of Pakistan has issued directive to all the banks including micro-finance banks to provide facilities to the senior citizens without any distinction.

In its directive issued to the banks the State Bank the directed them to offer account opening and ATM and credit cards issuance facilities to all the senior citizens and pensioners without any distinction. The senior citizens is an important and priority segment of the society who should be deserve exclusive respect, the directive says.

The State Bank has made it binding on the banks to ensure implementation of the circular by their staff failing which they will have to face disciplinary action.