National Refinery Limited (NRL) plans to invest Rs. 1.3 billion to revamp its distillation unit at its plant, Lube-1 in… Read More
SBP Issues PRISM Operating Rules For Banks & Financial Institutions
State Bank of Pakistan (SBP) has directed all commercial banks to strictly use the International Bank Account Number (IBAN) of… Read More
JS Bank Reports a Sharp Decline in Profits in 2017
JS Bank, a small bank and a subsidiary of a giant corporate entity, has reported a massive profit decline of 113%… Read More
Saadia Bukhari Joins Bank Alfalah As Marketing Head
Bank Alfalah continued to witness transitions throughout its higher heirarchy as a new resource, Saadia Bukhari, has joined Bank Alfalah… Read More
AkzoNobel to Sell Off Its Chemical Business for Rs. 33.5 Million
AkzoNobel Pakistan Ltd, the maker of the famous brand Dulux, has decided to sell off its special chemical unit at… Read More
Telenor’s Yahya Khan Moves to Bank Alfalah
Yahya Khan, Chief Financial Inclusion Officer and Chief Digital Officer of Telenor Microfinance Bank has moved to Bank Alfalah as… Read More
HUM Network is Launching its Own Online Grocery Shop
A TV media network gets into the online shopping arena.… Read More
PTA is Planning to Setup China-like National Firewall in Pakistan
Pakistan Telecommunication Authority (PTA) is planning to develop and setup a sophisticated turn-key Technical solution named “Web Management Solution (WMS)”,… Read More
UBL’s Profits Drop by Rs. 2.3 Billion in 2017
One of the leading commercial banks of Pakistan, United Bank Limited, has failed to maintain its profitability growth which showed… Read More
SBP Rolls Out Guidelines for Banks’ Call Centers
State Bank of Pakistan (SBP) has restricted commercial banks not to market their products and services via calls made by… Read More
Meezan Bank to Issue Rs. 7 Billion in Sukuk Bonds
Meezan Bank continues to strengthen its capital health under regulatory requirement as it plans to raise Rs. 7 billion in… Read More
Islamic Long Term Financing Facility of Upto Rs. 2 Billion Launched for Exporters
In order to provide Shariah compliant alternative of conventional Long Term Financing Facility (LTFF) to meet long awaited demand of… Read More
