Faysal Bank Limited will operate as a full-fledged Islamic bank from 2023 as its management has converted more than 90… Read More
SBP Ask Banks to Facilitate Customers for Flood Relief Donations
The State Bank of Pakistan (SBP) has asked banks’ customers to lodge their complaints against banks in case they are… Read More
BankIslami Registers 24% Profit Growth in H1 2022
BankIslami Limited has reported a profit after tax (PAT) amounting to Rs. 1.436 billion for the half year ended June… Read More
MCB Bank No Longer Wants to Acquire Telenor Microfinance Bank
The management of MCB Bank has decided not to pursue its interest in the acquisition of a major shareholding either… Read More
Roshan Digital Account Inflows Surge to Nearly $5 Billion in Under 2 Years
Roshan Digital Account inflows have surged to over $4.95 billion through 452,821 accounts of overseas Pakistanis from 175 countries in… Read More
Lucky Cement To Buyback 10 Million Shares
Lucky Cement plans to buy back its 10 million shares from shareholders at the face value of Rs. 10 per… Read More
Current Account Deficit Fell to $1.2 Billion in July 2022
Pakistan’s current account deficit shrank to $1.2 billion in July from $2.1 billion in June, mainly due to the tightened… Read More
Summit Bank Makes Turnaround Earning Rs. 497 Million Profit in Q2 2022
Summit Bank has finally made a profit of Rs. 497 million in the second quarter of 2022. According to the… Read More
Fauji Foods to Borrow Rs. 2.35 Billion From Fauji Foundation
The management of Fauji Foods Limited (FFL) has planned to borrow Rs. 2.35 billion from its stakeholders on the directives… Read More
Mutual Funds Record All-Time High Investments
The investment in different mutual funds witnessed a handsome growth which surged the assets values of assets management companies to… Read More
Economic Contribution of Trade Organizations Limited in Pakistan: SBP Study
The economic contribution of various trade organizations including different associations representing various sectors, chambers of commerce, and businessmen forums is… Read More
Rs. 100 Billion Disbursed Under Mera Pakistan Mera Ghar Scheme
The disbursement under the Mera Pakistan Mera Ghar scheme reached Rs. 100 billion while applications worth Rs.500 billion were already… Read More
