State Bank of Pakistan (SBP) has injected a whopping sum of Rs. 2 trillion in the banking system to meet… Read More
Bank Al-Habib Reports a Slight Decline in Profits in H1 2018
Bank Al-Habib Limited witnessed a slight drop in profit growth by 4 percent in the first half of 2018 compared… Read More
Silk Bank Records Handsome Profit of 55% in H1 2018
Silk Bank steadied its strong recovery from losses as it made a profit of 55 percent in the first half… Read More
Banking Industry Fails To Achieve Rs. 1 Trillion Target of Agri Credit
Pakistan banking industry failed to achieve an ambitious target of Rs. 1 trillion for agriculture credit set by the State… Read More
Pakistan’s ATM Network Crosses the 14,000 Milestone
Pakistani banks have expanded their network of ATMs to more than 14,000 by the end of the financial year 2017-18… Read More
Local Banks with Overseas Branches to Remit 50% Profits to Pakistan: SBP
State Bank of Pakistan (SBP) has directed all local banks to repatriate 50 percent of their profit from overseas operations… Read More
Digital Payment Adoption Could Add $1.5 Billion to Karachi’s Economy
The adoption of digital payment services by customers could have a tremendous impact on the economy of Pakistan’s commercial capital,… Read More
HBL Profits Down by 48% in H1 2018
As major banks suffered a significant profit cut, Habib Bank Limited also recorded a 48 percent decline in its profitability… Read More
NCCPL Terminates Summit Bank’s ‘Settling Bank’ Status
The status of Summit Bank as a settling bank has been declared as terminated by National Clearing Company of Pakistan… Read More
MCB Bank Crosses the Rs. 1 Trillion Deposits Milestone
MCB Bank has crossed the mark of Rs. 1 trillion deposits, becoming the fourth bank in Pakistan to reach the… Read More
SBP Stops Banks From Making Unsolicited Calls For Product Marketing
In order to address the prevailing conduct of phone bankers, State Bank of Pakistan (SBP) has stopped them from marketing… Read More
Hascol To Acquire Marshal Gas Ltd. for Rs. 175 million
Hascol Petroleum Limited is going to expand its business in the LPG segment with the acquisition of LPG plants and… Read More
