Experts and practitioners of Islamic banking and finance have welcomed the decision of the Federal Sharia Court on the elimination… Read More
Banks to Remain Open This Saturday
The State Bank of Pakistan (SBP) informed the customers that all banks and their branches shall remain open on Saturday,… Read More
Standard Chartered Posts Rs. 7.1 Billion Profit in Q1 2022
Standard Chartered Bank Pakistan Limited (SCBPL) delivered a record performance in the first quarter of 2022, leading to profit growth… Read More
SBP Issues Security Guidelines for Mobile Payment App Companies
In line with international standards and best practices, the State Bank of Pakistan (SBP) has developed comprehensive Mobile App Security… Read More
MCB Overtakes HBL as the 3rd Most Profitable Bank in Pakistan
MCB Bank has posted a profit of nearly Rs. 9 billion in the first quarter of the calendar year 2022.… Read More
SBP Slaps Rs. 109 Million Fine on 4 Major Banks
The State Bank of Pakistan (SBP) has imposed penalties of over Rs. 100 million on four banks including a public… Read More
Govt Set for Key Decision as SBP Governor’s Term Nears Completion
The service term of the Governor of the State Bank of Pakistan (SBP), Dr. Reza Baqir, will end on 4… Read More
Bank Alfalah Posts Rs. 5 Billion Profit in Q1 2022
Bank Alfalah has reported a profit of 5.019 billion in the first quarter of 2022, showing a double-digit growth of… Read More
Meezan Overtakes HBL as the 2nd Most Profitable Bank in Pakistan
Meezan Bank Limited has also left Habib Bank Limited behind in terms of profitability during the first quarter that ended… Read More
Current Account Deficit Stands Higher at $13.17 Billion in 9M FY22
The current account maintained a high deficit of $13.12 billion in the first nine months of the financial year 2021-22… Read More
Allied Bank’s Profit Jumps to Over Rs. 4.8 Billion in Q1 FY22
Allied Bank Limited reported handsome profit growth of 19.8 percent in the first quarter of 2022 as compared to the… Read More
UBL Overtakes HBL as the Most Profitable Bank in Pakistan
United Bank Limited (UBL) reported a handsome growth of 23 percent in profits during the first quarter of 2022. According… Read More
