Pakistan’s current account posted a surplus of over $900 million during the first nine months of the fiscal year. According… Read More
Habib Metro Bank’s Profit Doubles in Q1
Habib Metro Bank geared up its financial performance from the last year with a record profit growth of 103 percent… Read More
UBL Posts Outstanding Profit in First Quarter of 2021
United Bank Limited (UBL) commenced the year 2021 on a good note as the profitability of the bank showed a… Read More
TRG International to Sell All Economic Stake of Its Subsidiary
TRG Pakistan Limited’s associate — TRG International Limited — has entered into a definitive agreement to sell all of its… Read More
Financial Inclusion in Pakistan Shows a Steady Increase
Despite the various efforts of different governments, banking regulations, and the stakeholders of the financial sector, financial inclusion in Pakistan… Read More
These Are the Most Profitable Banks of Pakistan
Pakistan’s banking industry underwent a period of uncertainty and challenges in the first half of 2020 due to the pandemic,… Read More
Remittances Remain Over $2 Billion For the 10th Consecutive Month
Remittances continued their record run of above $2 billion for the 10th consecutive month from the last year to this… Read More
HBL Planning to Acquire Silkbank’s Consumer Banking After Fauji Foundation Withdraws Interest
Habib Bank Limited (HBL) plans to acquire the Consumer Banking Portfolio of Silkbank Limited. In this regard, the management of… Read More
Lahore Based Pharma to Go Public Soon
Citi Pharma Ltd., a raw material supplier to the Pakistani units of GlaxoSmithKline Plc and Abbott Laboratories, is set to… Read More
Nestle Plans To Invest Rs. 3.4 Billion To Expand its Businesses in 2021
Nestle Pakistan’s management has planned to invest an amount of Rs. 3.4 billion in Pakistan to scale up its operations… Read More
SBP Unveils Five-year Strategic Plan for Islamic Banking Industry
State Bank of Pakistan (SBP) unveiled its third five-year Strategic Plan for the Islamic Banking Industry to achieve 30 percent… Read More
Pakistan Set to Export Beef to China For the First Time in History
For the first time ever, Pakistan is set to begin exporting beef to China in the near future. Organic Meat… Read More
