The management of U Microfinance Bank plans to expand its branch network by 60 which will increase its overall touch-points… Read More
Allied Bank Upgrades its Bahrain Operations
Allied Bank Limited has booked a provision expense of Rs. 13.3 million in its Bahrain’s operation mainly to adopt the… Read More
Rizwan Ata Moves to Bank Islami
Rizwan Ata, a big name in the Islamic banking industry, has moved to Bank Islami to head its important commercial… Read More
Digital Economy Can Create 4 Million Jobs & Boost GDP to $50 Billion in Pakistan: OICCI
Digital economy in Pakistan can tap the abundant potential of the country’s land, its system and human resources to boost… Read More
Bank Deposits Reach an All-Time High of Rs. 13.3 Trillion in 2018
More money is coming from the public towards banks as the deposits of the banking industry have reached all-time high… Read More
Faysal Bank Has Converted Half of Its Operations to Islamic Banking
Faysal Bank has converted 50 percent of its conventional banking operations into Islamic mode in line with its transformation plan… Read More
Microfinance Banks Now Boast 30 Million Saving Accounts in Pakistan
Microfinance sector has been growing at a handsome growth rate during the past few years as its number of savers… Read More
A Roundup of Major Developments in the Telecom Sector in 2018
2018 was a different year for the telecom sector with few key developments including expansion of 3G/4G mobile services, consistent… Read More
Pakistan’s First Credit Bureau Gets An Operating License
State Bank of Pakistan (SBP) has issued a license to Data Check Private Limited for operating a private credit bureau… Read More
Imran Maqbool Appointed as CEO and President of MCB Bank for the 3rd Time
Imran Maqbool has been appointed the President and CEO MCB Bank for the third time. Imran Maqbool assumed the charge… Read More
Bank Loans to Private Sector Show Massive Growth of 284% in H1FY19
Despite a steep surge in interest rates, commercial bank lending to the private sector has shown a significant growth of 284 percent… Read More
SBP Orders Branchless Banks To Partner With Third Party Financial Institutions
SBP has made it mandatory for commercial and microfinance banks and telecom operators to partner with a financial institution as… Read More
