The demand for energy-efficient fans has been on the rise in the local market, as customers are replacing their old… Read More
Banking Industry Deposits and Profit Rate Up All-Time High
The profit rate of the bank industry continued to attract customers who invested handsomely to get lucrative and risk-free returns… Read More
Housing Finance Slumps in FY23 as Govt Falls Short of Expectations
The financing provided by banks for purchasing and building housing units slumped in the current financial year, as the incumbent… Read More
Pakistan Ranks Much Lower Than India in E-Governance
Pakistan has been ranked 150th out of 193 countries in the UN’s E-Government Development Index (EGDI) 2022, compared to India… Read More
Islamic Banks Leaves Behind Commercial Banks in Financing
The full-fledged Islamic banks in the country have left behind conventional banks in financing the private sector, surging to Rs.… Read More
E-Commerce Transactions Drop by 22% in Q1 2023
E-commerce transactions have decreased by 22 percent from January to March 2023 depicting the high inflationary trends eroding purchasing power… Read More
Banks Fail to Set up FX Digital Portal & Corporate Debit Cards for IT Sector
Commercial banks in Pakistan have failed to come up with innovative and customized facilities for the IT sector including FX… Read More
Pakistan’s IT Exports Account for Less Than 1% in The Global Market
Pakistan’s IT exports witnessed staggering growth in the last couple of years, surpassing $2.6 billion in the previous financial year.… Read More
SBP to Inspect Borrowers’ Eligibility of PM’s Youth Loan Scheme
The State Bank of Pakistan (SBP) has rolled out the mechanism of PM’s Youth Business and Agriculture Loans Scheme (PMYB&ALS)… Read More
Banks Attract Deposits of Over Rs. 3 Trillion in 1 Year
The deposits of the commercial banks have witnessed staggering inflows of over Rs. 3 trillion merely in one year because… Read More
HBL’s Nepalese Subsidiary Acquires Civil Bank Limited
Habib Bank Limited, through its subsidiary i.e. Himalayan Bank Limited, recently acquired Civil Bank Limited, a commercial bank in Nepal.… Read More
Telenor Microfinance Bank to Get Investment of $15 Million in 2023
Telenor Microfinance Bank will receive an investment of $15 million from its sponsors in the second quarter of 2023 to… Read More
