It has been decided that the field offices of the State Bank of Pakistan’s (SBP) Banking Services Corporation and the… Read More
SBP Recommends Work-from-Home Model for Banks to Cut Travel Costs
The State Bank of Pakistan (SBP) has asked commercial banks and financial institutions to introduce measures for reducing the utility… Read More
OGDCL Discovers Gas in South Punjab
Oil and Gas Development Company Limited (OGDCL) has discovered a gas field in Rajanpur, Punjab. A notification issued to the… Read More
SBP to Set Up Wing to Curb Cyberattacks in Financial Sector
The State Bank of Pakistan (SBP) is working to establish a specialized wing to curb the cyberattacks and online financial… Read More
PIBTL Completes Repayment of Outstanding Loans Worth Rs. 5.49 Billion
Pakistan International Bulk Terminal (PIBTL) has released its financial burden of huge loans to the tune of Rs. 5.490 billion.… Read More
MCB Plans to Inject Rs. 4 Billion in MCB Islamic Bank Limited
MCB Bank has planned to inject capital of Rs. 4. billion in its wholly-owned subsidiary MCB Islamic Bank Limited following… Read More
SBP Grants Commercial License to Chinese EMI
The State Bank of Pakistan (SBP) has granted a commercial license to Chinese Electronic Ecommerce Company (CMPECC), an Electronic Money… Read More
SBP Issues Agriculture Credit Performance Score of Banks
State Bank of Pakistan (SBP) Deputy Governor Sima Kamil chaired the Quarterly Follow-up Meeting of the Agricultural Credit Advisory Committee… Read More
TPL Maps to Operate as Separate Company after Demerger with TPL Trakkers
TPL Maps, the only digital mapping service licensed by the Survey of Pakistan, is set to operate as a separate… Read More
TPL Trakker Wins License for Country-Wide Logistics Information of Customs
TPL Trakker has won the contract for the execution of the Safe Transport Environment Project (STE Project). The project is… Read More
Lucky Cement Mulls Over Setting Up Renewable Energy Unit at Karachi Plant
The management of Lucky Cement is planning to set up a renewable energy project at its plant in Karachi. It… Read More
Pakistan’s Media Industry Likely to Attract $3 Billion Investment
Pakistan Electronic Media Regulatory Authority (PEMRA) issued several new licensees for Direct-to-Home (DTH), satellite TV channels, FM radios, and teleport… Read More
Pakistan Completes 26 CPEC Projects Worth $17 Billion
CPEC is a flagship and most actively implemented project of the Belt & Road Initiative (BRI) where Pakistan and China… Read More
Banks Assets Surge to All-time High at Rs. 30 Trillion in 2021
The banking sector exhibited a consistent performance with all major indicators touching all-time high marks including assets, deposits, financing and… Read More
Roshan Digital Account Inflows Drop to $189 Million in May
The inflows under Roshan Digital Account witnessed a lukewarm response in May with inflows standing at $189 million — a… Read More
