Chinese branded electronic items and mobile handsets have seen a rise in prices in local markets due to an imbalance… Read More
Banks Recovered Rs. 86.703 Billion From Non-Performing Loans in 2019
Commercial banks managed to recover a handsome amount of Rs. 86.703 billion in 2019 against Non-Performing Loans (NPLs) from customers… Read More
Chartered Airline to Begin Flights Between Karachi and Gwadar
A Karachi-based chartered airline is all set to launch its passenger flights from Karachi to Gwadar twice a week (Monday… Read More
Curtly Ambrose and Simon Taufel Are Coming To Watch PSL in Pakistan
Former West Indian fast bowler, Curtly Ambrose, and former Australian Umpire, Simon Taufel, are landing in Pakistan today to promote… Read More
SBP Organizes Seminar On Managing Crises in Emerging Markets
The State Bank of Pakistan (SBP) hosted a seminar on “Managing Crises in Emerging Markets” in collaboration with the Pakistan… Read More
Nearly 50% of Remittances Are Still Received Through Unbanked Channels: SBP
Nearly 50% of inflows from various countries still come through unauthorized and unbanked channels to Pakistan, which results in a… Read More
MCB Bank is Looking to Acquire SME Bank
MCB Bank is trying to rapidly expand its operations through the acquisition of SME Bank in the future. The management… Read More
MCB Bank Was The Most Profitable Bank in 2019
MCB Bank is set to secure its top position as the most profitable bank in Pakistan with a profit after… Read More
Just Over 20% of Pakistanis Have Banks Accounts: SBP
With the consistent efforts of banks, financial institutions and the State Bank, Pakistan’s banked population has grown to 21.3 percent,… Read More
Pakistani Banks Fail to Make the Most of CPEC
National Bank of Pakistan and United Bank Limited have failed to set up their branches in China after a lapse… Read More
Remittances From Gulf Countries Are Falling: SBP
Remittance inflows from different gulf countries to Pakistan are declining due to the challenging situation of employments for overseas Pakistanis… Read More
Investments from UK & USA Bringing Billions of Dollars to Pakistan
Foreign investors from the UK and the USA are making handsome investments in the government’s papers, particularly T-Bills, due to… Read More
