Karachi: The Federal Constitutional Court of Pakistan has delivered a judgment that directly impacts the National Bank of Pakistan's pension scheme. On September 16, 2026, the court dismissed the bank's appeal in the long-standing Civil Appeal No. 1688/2021, which pitted the National Bank of Pakistan and others against Khawaja Abdul Hameed Nasir and other respondents.

This ruling entitles pensioners of the National Bank of Pakistan to receive government-sanctioned increases in their pensions. The decision marks the end of a legal battle that has persisted for several years, as the bank sought to challenge the entitlement of its pensioners to such increments.

According to information available from the Pakistan Stock Exchange (PSX), the court's judgment is significant for stakeholders and may influence the bank's financial obligations moving forward. As the bank and its stakeholders await the full text of the court's judgment, the implications of this decision are likely to be closely monitored by market participants and pensioners alike.

The National Bank of Pakistan has been advised to inform the TRE Certificate Holders of the Exchange about this development, ensuring transparency and compliance with regulatory requirements as outlined in Clause 5.6.1 of the PSX Rule Book.