The Competition Commission of Pakistan (CCP) has passed an order imposing a total penalty of PKR 22.5 million on three… Read More
Mobilink Microfinance Bank’s Profits Increase by 33% in 2018
Mobilink has continued its profitability in 2018 with a growth rate of 33 percent year-on-year. According to the financial statement,… Read More
Electric Cable Makers to Pay Rs. 18 Million as Penalty for Deceiving Customers
Competition Commission of Pakistan (CCP) has passed an order imposing a total penalty of Rs. 18 million on 18 electric… Read More
U Microfinance Bank Records 111% Profit Growth in 2018
U Microfinance Bank has become sustainable enough to run its operation profitably as it recorded a handsome profit growth of… Read More
Islamic Bank Deposits Cross Rs. 2 Trillion Mark
The deposit base of Islamic banking industry has crossed the Rs. 2 trillion mark in 2018 mainly due to its… Read More
These are the Top Ten Profitable Banks of Pakistan
2018 was a challenging year for a majority of banks due to stiff competition, operational and regulatory issues but few… Read More
Production of ACs and Refrigerators Increases Ahead of Summer
The production of electronics items such as air conditioners and refrigerators has recorded a marked growth in the country due… Read More
SBP Surprises Again, Hikes Policy Rate by 50 bps
Monetary Policy Committee of State Bank of Pakistan (SBP) has surprised the business community and general masses again, increasing the… Read More
Banks Loans to Energy Sector Increased by Over 1,000% During Past 10 Years
Commercial banks’ lending to the energy sector, including power producing companies and gas distributors, continued to surge in 2018 to… Read More
Pakistan’s Labor Productivity Stands Lowest in The Region
Pakistan’s labor productivity showed a growth of 20 percent, which is lowest in the region, during the past two decades,… Read More
Economic Activities Witness a Slowdown in FY19: SBP
Economic activities in Pakistan have slowed down in the current financial year 2018-19 with sluggish performance of key contributing sectors,… Read More
Mutual Funds Sector Records a Loss of Rs. 12 Billion in Managed Asset Values
The mutual funds sector remained in flux with volatile investment trends from different segments of investors in 2018, showing a… Read More
