The current account deficit has maintained its improvement despite volatile economic dynamics globally and nationally as it contracted by 73… Read More
MCB Bank Records Big Profit Growth Despite the Coronavirus Pandemic
MCB Bank recorded handsome profit growth of 28 percent in the first quarter of 2020, which stands at Rs. 6.519… Read More
PSX Announces Book Building For Rs. 200 Billion Pakistan Energy Sukuk II
The book-building process of the Rs. 200 Billion Pakistan Energy Sukuk II (PS-II) will commence from April 27, according to… Read More
Banks Asked To Facilitate Public For PM COVID-19 Relief Fund
State Bank of Pakistan (SBP) has instructed banks to provide utmost facilitation to their general masses and donors looking for… Read More
HabibMetro Bank Records Modest Profit Growth Q1 2020
Habib Metropolitan Bank has recorded modest profit growth of 4 percent in the first quarter of 2020. According to the… Read More
Over 80,000 Borrowers Benefited From SBP’s Loan Relief Schemes
The relief schemes introduced by the State Bank of Pakistan in the last few weeks have proven to be popular… Read More
Banks Want Biometric Verification Via Mobile Apps Restored
Banks are looking for regulatory authorities to allow them to use apps for biometric verification of customers for using digital… Read More
SBP Advises Customers to Not to Share Account Info on SMS/Phone Calls
State Bank of Pakistan (SBP) has warned bank customers that fraudsters have become active these days on various sources, mainly… Read More
FBR Requests Shipping Lines to Waive Container Detention Charges
Federal Board of Revenue (FBR) has requested shipping lines and their agents to waive container detention and other charges in… Read More
Pakistan Business Council Demands a Relief Package From The Government
One of the representative bodies of the corporate sector, Pakistan Business Council (PBC), has asked the government for major tax… Read More
Summit Bank Gets an Investment Offer from Dubai-based Investor
Summit Bank has received a notification of interest from a Dubai-based investor HE Nasser Abdulla Hussain Lootah who has expressed… Read More
Banks May Use Scanned Images For Cheque Transactions: SBP
To combat the potential spread of COVID-19 pandemic by limiting person-to-person interaction and to provide ease of services to the… Read More
