Pakistan’s three major engineering universities received an overall grant of Rs. 1.95 million for participating in the next Shell Eco-marathon… Read More
Faysal Bank Overtakes Askari Bank in Profitability and Branch Network
Faysal Bank has left behind Askari Bank in terms of branch network with the investment in the expansion of its operations… Read More
Pakistan’s Current Account Deficit Shrinks by 70% in 10 Months
The current account deficit has contracted significantly by over 70 percent in the first ten months of the current financial… Read More
Standard Chartered Records Unprecedented Profit Growth During COVID-19 Pandemic
Standard Chartered Bank has recorded stellar financial performance in the first quarter of 2020 registering a growth of 53 percent… Read More
SBP Slashes Interest Rates for the Fourth time in Two Months
The Monetary Policy Committee (MPC) has reduced the policy rate by 100 basis points to 8 percent. This decision reflected… Read More
Faysal Bank Reports 29% Profit Growth in Q1 2020
Faysal Bank Limited has reported handsome profit growth of 29 percent in the first quarter of 2020 compared with Q1… Read More
Mobilink Microfinance Bank Records Its Highest Profit Ever
Mobilink Microfinance Bank has recorded double-digit growth of 12% year-on-year in 2019 with a handsome increase in its values of… Read More
Banks Will Prevent 850,000 Workers From Layoffs During The Coronavirus Lockdown
The number of companies seeking a bailout from financial banks is on the rise in Pakistan which will save jobs… Read More
CEO Shahzad Dada Resigns From Standard Chartered Bank
Shahzad Dada President and CEO Standard Chartered Bank surprised the banking industry with the news of stepping down from his… Read More
SBP’s Scheme Protected Jobs of 0.5 Million Private Sector Employees
As many as 0.5 million employees have been saved from layoffs and non-payment of salaries in the private sector through… Read More
Gul Ahmed Posts Rs. 452 Million in Losses & Fires Hundreds of Employees
Gul Ahmed Textile Mills Ltd, one of the renowned brands of clothes and exporters of various textile products, has incurred… Read More
Allied Bank & UBL Record Massive Profits Despite Coronavirus Pandemic in Q1
United Bank Limited and Allied Bank Limited have recorded a handsome double-digit growth like other competitor banks in the first… Read More
