Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2008
Pre-crisis lending and governance failure
Rapid expansion between 2002 and 2007 was later associated with imprudent lending, politically connected borrowers, high-cost deposits, and extensive non-performing loans. The resulting deterioration brought the bank close to bankruptcy and required government support.
2007
Haris Steel lending and corruption case
Haris Steel reportedly obtained approximately Rs9 billion from BOP, far exceeding its credit limit, through alleged fraudulent methods and collusion with bank officials. Hamesh Khan, the bank's then president, became a central figure in the case, left Pakistan, and was later extradited from the United States to face corruption charges.