Despite the growth scenario projected by the federal government and international rating agencies, the business situation is getting deteriorated for… Read More
Hum TV Group Makes Rs. 1 Billion Pre-Tax Profit
The business of news channels is not flourishing in Pakistan but the entertainment genre has never been more attractive as… Read More
Meezan Bank & Ufone to Launch Branchless Banking After Approval from SBP
State Bank of Pakistan has given a green signal to the management of Meezan Bank to kick start its branchless… Read More
Nauman Dar Reappointed As President & CEO of HBL for Next 3 Years
Nauman K Dar has won three years extension to serve Habib Bank Limited again as CEO and President till 2018.… Read More
Mobile Handsets, Equipment Imports Continue to Decline During August
Government’s move to tax mobile handsets has impacted imports negatively and they fell by 10 percent during August 2015, whereas the… Read More
Banks Discriminatory Treatment With Customers Not Acceptable: SBP
State Bank of Pakistan (SBP) has issues a warning that it will not accept any discriminatory treatment of customers by… Read More
Easypaisa Loses EOBI Account for Disbursement of Pensions
Tameer Microfinance Bank has lost the significant account of pension disbursement of EOBI (Employees Old Age Beneficiaries Institution) after Bank Alfalah won… Read More
SBP Directs Banks to Open Accounts Without Income Proofs and Against Just Rs 100 Deposits
State Bank of Pakistan has directed banks to open “Asaan Account” for customers against a minimum deposit of Rs100 with… Read More
HBL’s Subsidiary to Buy PICIC Asset Management Co at Rs 4100 Million
Habib Bank Limited (HBL) has continued its aggressive style of doing business as its subsidiary Habib Asset Management Company has… Read More
KASB Bank to Get Merged with BankIslami
BankIslami has left behind three banks as the central bank has initiated an amalgamation scheme of KASB Bank with BankIslami… Read More
PTCL’s Profit Suffers on Account of Ufone Debts
PTCL profitability continued to show lackluster trend as it made a profit of Rs 716.4 million in the first quarter… Read More
Zong and Bank of Punjab Partner for Branchless Banking
Zong has commenced operations for the launch of branchless banking in collaboration of Bank of Punjab (BoP) despite of the fact it… Read More
