Banks continued to enhance their financing for the housing and construction sector to meet their targets which witnessed steady progress… Read More
Banks Are Overcharging Old-Aged Pensioners
Many commercial banks are charging an exorbitant fee for ATM and Debit Cards from old-aged pensioners who opened up bank… Read More
Pakistan’s Foreign Exchange Reserves Break All Historic Records
Pakistan’s foreign exchange reserves reached an all-time high level of $25.3 billion. According to the State Bank of Pakistan (SBP),… Read More
Bank Alfalah Achieves Rs. 1 Trillion Deposits Mark
Bank Alfalah has achieved the Rs. 1 trillion deposits mark in July 2021 to become the eighth Pakistani bank to… Read More
Mobile and Internet Banking Recorded Triple Digit Improvement From January-March 2021
The use of mobile and internet banking has been on the rise thanks to the free-of-cost services offered by commercial… Read More
Pakistani Consortium to Invest $400 Million in Abu Dhabi
A consortium of four Pakistani state-owned companies will invest $400 million to set up a company in Abu Dhabi. These… Read More
Cherat Cement To Set Up Rs. 34 Billion Greenfield Plant in KP
In order to enhance its capacity production with the increasing demand for cement countrywide, Cherat Cement has planned to invest… Read More
Octopus Digital Applies For IPO At PSX
Octopus Digital Pvt Limited, a 100 percent wholly-owned Subsidiary of Avanceon Limited, has applied for its listing at Pakistan Stock… Read More
Pakistan’s Startup Ecosystem Improved by 7 Places Globally
The Pakistani startup ecosystem has had a positive year, moving 7 spots to 75th globally and 2nd in South Asia,… Read More
FDI Records a Huge Increase in May 2021
The foreign direct investment (FDI) in different sectors of Pakistan increased to a seven-month high at $198.3 million in May… Read More
Over 40 Fintechs are Operating in Pakistan: Report
The emerging ecosystem of digital financial services coupled with the supportive regulatory environment has provided opportunities for Fintech companies in… Read More
Telecom Sector Invested Over $465 Million In FY21: Economic Survey
The telecom sector has continued making investments in Pakistan over the expansion and upgrading of its network of infrastructure and… Read More
