Overseas Pakistanis are increasingly investing in various mutual funds managed by asset management companies, showing nearly 100 percent growth in… Read More
Pakistan Should Restructure Its Support Prices Mechanism for Crops: SBP
Pakistan can restructure MSP mechanism mainly by prioritizing staple crops, especially wheat, and increasing the role of private sector in… Read More
Here’s Why Pakistani IT Companies Are Struggling to Retain Skilled Employees
Pakistan’s IT companies and software houses continue to witness staff retention challenges as employees are switching jobs frequently because of… Read More
Karachi to be Digitalized after Islamabad: IT Minister
The government is working towards the introduction of digitalization in the country; Islamabad has been selected for its pilot project,… Read More
Mobi Direct Withdraws Payment Gateway License From SBP
Mobi Direct has withdrawn its license from the State Bank of Pakistan for setting up an E-commerce Payment Gateway. The… Read More
SBP Grants EMI License to PSO Subsidiary
The State Bank of Pakistan (SBP) has granted a license to the fully-owned Subsidiary of Pakistan State Oil (PSO), Cerisma… Read More
Standard Chartered Pakistan Preparing to Convert Into Full-Fledged Islamic Bank
The management of Standard Chartered Pakistan is preparing to convert the conventional bank into a full-fledged Islamic bank to tap… Read More
Here Are Highest Paid CEOs in Pakistan’s Banking Sector
Despite challenges to the national economy and business climate, commercial banks in Pakistan continued to expand their assets. The balance… Read More
SBP Adds Two Banks in POS Acquiring System
The State Bank of Pakistan (SBP) has added two banks into the Point-of-Sale (POS) acquiring business, namely The Bank of… Read More
These Are the Top 10 Most Profitable Banks in Pakistan
The banking sector demonstrated an outstanding performance in 2023, achieving remarkable milestones that surpassed previous records. One of the key… Read More
Islamic Banking Industry Likely to Record 100% Profit Growth in 2023
As the results of the leading Islamic banks are made ready for full-year announcement, the profitability of the Islamic banking… Read More
Asset Management Companies’ Funds Cross Rs. 2 Trillion for First Time
Asset Management Companies (AMCs) in Pakistan continued to attract inflows of funds from individual investors and corporations, which surged to… Read More
