Lahore: The National Clearing Company of Pakistan Limited (NCCPL) has announced the closure of the Habib Bank Limited Lahore Stock Exchange (LSE) Branch as a settling bank effective September 24, 2024. This move comes in response to a formal request from Habib Bank Limited. According to information available from the Pakistan Stock Exchange (PSX), clearing members are advised to transition their settling bank arrangements to alternative options provided on the NCCPL's list of designated banks. This list can be accessed through the NCCPL website. Clearing members must finalize their new banking arrangements by the specified date to ensure continued smooth operations. The NCCPL has encouraged stakeholders to direct any queries or concerns to their Customer Support Department at UAN 021-111-111-622 or through their website at www.nccpl.com.pk.
Habib Bank Limited Lahore Branch to Cease Operations as a Settling Bank
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