Habib Bank Limited (HBL) will sell its operations and business in Kenya to Diamond Trust Bank by way of shares… Read More
Car Importers Urge Govt to Allow Imports of 5-Year Old Cars
Cars importers have suggested the government to allow commercial imports of used vehicles of up to 5 years to generate… Read More
Banks Asked to Strengthen their Presence in Balochistan
Ashraf Wathra, Governor State Bank of Pakistan (SBP) has advised banks to prepare at least three years business plan to… Read More
Cloud Computing System for Banks Should Be Located in Pakistan: SBP
State Bank of Pakistan (SBP) has directed banks to utilize cutting-edge Cloud Computing technology. However, their systems and service providers… Read More
IFC To Invest $100 Million On Hydropower Project in Pakistan
International Finance Corporation (IFC), a member of the World Bank Group, is investing $100 million in a landmark 720-megawatt Karot… Read More
Pakistan Receives The Biggest Ship in Its History
With the consistent expansion and development of sea ports especially with the deep sea container terminal, Pakistan is now capable… Read More
Hascol Sets up Its Subsidiary for LNG Business
The management of Hascol Petroleum Ltd has established its subsidiary, VAS LNG (Private Ltd), for exploring emerging business operations in… Read More
Hascol To Invest $20 Million To Set Up its Lubricant Subsidiary in Pakistan
Hascol Petroleum Limited has announced that it will set up its wholly-owned subsidiary Hascol Lubricant Limited at the cost of… Read More
Bank Alfalah CEO’s Salary Will Leave You Green with Envy
If thousands of bankers and employees of Bank Alfalah Limited were not happy with their annual raise, the news of… Read More
Askari Bank’s Subsidiary Acquired By Pak Oman Asset Management for Rs 551 Million
Askari Bank’s subsidiary, Askari Asset Management Company has been sold out to Pak Oman Asset Management Company against the price… Read More
Pakistan Stock Exchange Witnesses An All-Time High at 47K Points
Pakistan Stock Exchange (PSX) has continued to witness an aggressive upward trend with KSE-100 index closing with 12th consecutive positive… Read More
Banking Industry Profit Declines to Rs 139 Billion After 9 Months of 2016
The banking industry witnessed a reduction of Rs 9 billion in its profit during the nine months of 2016 mainly… Read More
