Punjab Provincial Cooperative Bank
The Punjab Provincial Cooperative Bank Limited (PPCBL), established in 1924, is one of the oldest banks in Pakistan. It has historically served as a specialized bank catering to the needs of housing and agricultural cooperatives.[1] HistoryPPCBL was established during the British rule and played a major role in providing agricultural credit after partition. However, over time, the bank faced financial challenges and bureaucratic problems.[1] Sports involvementPPCBL has a cricket team. In May 2023, the PPCBL cricket team defeated Lahore Gymkhana in a friendly match.[2] Legal issuesIn May 2018, a notable scandal involving misappropriation of funds emerged, leading to legal action.[3] In July 2023 the bank, along with other banks, received fines for violations of the rules.[4] References
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