Banking industry has seen a shortfall in its consistent growth recently. In the first fiscal quarter of the year 2016,… Read More
70 Percent of Pakistan isn’t Aware of ATMs: Study
Only 30 percent of Pakistanis claim to have heard the word “ATM” and understand its meaning, leaving 70 percent of Pakistani population totally… Read More
SBP Offers Easy Financing Scheme for Exporting Companies
Companies having $5 million annual exports of goods and services or at least 50% of their sales constituting exports (whichever… Read More
Sindh Microfinance Bank Allowed To Kick Off Operations
Sindh Microfinance Bank Limited has been allowed to start its microfinance banking business at provincial level in Sindh after a licence was… Read More
PTCL Profits Grow 146% During Q1 2016
PTCL Group continued its profitable journey once again by making a profit of Rs 1.768 billion in the first quarter… Read More
IT Remains Third Highest Sector for Registration of New Companies During 2015-16
Despite human resource challenges and tax issues, IT sector has been flourishing in the country; at least in terms of… Read More
MCB Bank Customers Face Unavailability of Services Due to Technical Snags
The news of MCB Bank’s bidding to acquire New Kabul Bank sounds great for the country but not for its… Read More
Pak Suzuki Profits Up By 203% in 2015
Punjab Rozgar Taxi Scheme has resulted in 203% more profit for Pak Suzuki in 2015 as compared to the corresponding… Read More
MCB Sets Eyes on NIB Bank Acquisition
In a surprising move, MCB Bank has entered into talks with the management of NIB Bank with the goal of… Read More
Twice in a Month: HBL Blocks Customers Debit Cards For Security Reasons
Customers of Habib Bank Limited are facing a nightmare scenario as the bank’s debit cards were blocked for a second… Read More
Standard Chartered Pakistan Profit Down by 4.4 % in 2015
Standard Chartered Pakistan profit dropped by 4.4 percent to stand at Rs 9.288 billion in 2015 showing the bank’s struggling… Read More
Indus Motor Sells 30,896 Cars, Makes a Profit of Rs 5.9 Billion in H1- FY16
Indus Motor Company, the manufacturers of Toyota cars in Pakistan, recorded a profit of Rs 5.9 billion in the first… Read More
