The meeting of the special committee set up by Chief Minister for restoration of Cooperative Bank, on Tuesday recommended to the government to revive the closed entity. It is worth mentioning that the Provincial Assembly (PA) has moved a resolution for the restoration of Cooperative Bank and as a result Chief Minister Ameer Haider Khan Hoti set up a committee to take stock of the situation and present their recommendations in this regard.
The financial indicators of the province had improved following increase in the share of the province in NFC award and net Hydel profit, as such the province could easily provide the additional amount for the Bank. The committee recommended to the Chief Minister to issue directives for the restoration of the Co-operative Bank after fulfilling the required procedure.
Provincial Minister for Agriculture and Livestock Haji Hidayatullah Khan, Provincial Finance Minister Engr. Humayun Khan, MPAs Abdul Akbar Khan and Pir Sabir Shah, Secretary Agriculture and Livestock Attullah Khan, Registrar Co-operative Bank Abdul Hameed Khan and other concerned officials attended the meeting.
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