Bank Al Habib posted a profit of Rs. 4.96 billion, showing a modest growth of 7.88 percent during the first… Read More
Pakistani Banks In Sri Lanka Likely to Face Losses
Pakistani banks operating in Sri Lanka are likely to face losses due to the ongoing debt crisis of the host… Read More
NBP Approves Rs. 1.5 Billion for Waves Singer’s Housing Project
National Bank of Pakistan has approved an Rs. 1.5 billion financing for Waves Singer Pakistan Limited to develop an affordable… Read More
Health and Life Insurance On the Cards Under RDA: Baqir
Governor State Bank of Pakistan Reza Baqir hinted at the introduction of health and life insurance for the relatives of… Read More
Bankers Express Anger at PM Shehbaz’s Decision on Number of Working Days
Bankers across the country expressed their resentment over an extended working day and addition in daily working hours from the… Read More
Kohat Cement to Invest Rs. 600 Million in Ultra Kraft Ltd
Kohat Cement Company Limited has decided to invest up to Rs. 600 million by way of short-term running finance of… Read More
Pakistan Receives Highest Ever Remittances of $2.8 Billion in A Single Month
Pakistan has received the highest ever monthly remittances of $2.8 billion in a single month from overseas Pakistanis in March… Read More
Agha Steel To Raise Rs. 2 Billion Through Sukuk
Agha Steel Industries Limited plans to raise Rs. 2 billion inclusive of a greenshoe option of Rs. 500 million. Funds… Read More
JS Bank Appoints Adil Matcheswala As New Chairman
Adil Matcheswala has been appointed as the new Chairman of JS Bank. He will replace Kalim-ur-Rahman who has served the… Read More
PTA’s Profit Grew by 286% in Q1 FY22
The profit of the Pakistan Telecommunication Authority (PTA) witnessed a staggering growth of 269% year-on-year in the first quarter of… Read More
Bank Loans to Private Sector Surge Over Rs. 1 Trillion
Bank loans to the private sector exceeded the Rs. 1 trillion mark in the current financial year. This is the… Read More
Pakistan’s Manpower Exports Broke Records in First Two Months of CY2022
Pakistan’s exports of manpower to various countries had a record upsurge of 134,134 workers in mere the first two months… Read More
