NBP appeal dismissed, clearing path for pensioners

The Federal Constitutional Court of Pakistan has rejected an appeal lodged by National Bank of Pakistan (NBP) on September 16, 2026, bringing an end to the bank's challenge in Civil Appeal No. 1688/2021. The matter was decided against the lender after a lengthy dispute over employee retirement entitlements. According to Mettis Global, the ruling is significant for pension entitlements and retirement benefits of staff.

With the appeal out of the way, NBP retirees can now receive the pension increases approved by the government. The judgment also backs earlier orders on the monetary entitlements of former staff, securing standard raises the bank had contested. Mettis Global added that the bank had previously opposed these standard raises.

On September 17, 2026, Acting Company Secretary Mehnaz Salar informed the Pakistan Stock Exchange, citing clause 5.6.1 of the exchange's rulebook. The filing also said the complete written judgment is still awaited, so its detailed reasoning has yet to be made available.