Pakistan Post to offer banking services
Finance Minister Shaukat told the cabinet that he would discuss the matter with the minister for communication to conclude modalities. During the meeting, a cabinet member emphasized the need to delve on the larger question as to whether the government should be involved in organizing the commercial ventures.
Mr. Train also highlighted out the PPOD had an expanded national outreach with 14,000 branches across the country.
Pakistan Post intended to carry out agency functions on behalf of other divisions, agency alliances/partnerships with corporate entities under the government’s regulatory regime such as the State Bank of Pakistan, SECP, etc.