With a view to conserve capital and further enhance the lending and loss absorption capacity, the State Bank of Pakistan… Read More
HBL’s Q1 2020 Consolidated Profit Increases 29% Despite The Coronavirus Crisis
HBL today declared a consolidated profit after tax of Rs 4.1 billion for the first quarter of 2020, a growth… Read More
SECP Asks Microfinance Institutions To Facilitate Borrowers in The Wake of COVID-19
In order to facilitate borrowers of non-bank lending companies (NBFCs), the SECP has allowed deferment of repayment of principal and… Read More
Govt Announces Zakat Deduction Date & Exemption Amount for All Bank Accounts
Federal Government has notified the Nisab of Zakat for 2020, that will be deducted on the amount above Rs. 46,329,… Read More
Banks Asked To Facilitate Public For PM COVID-19 Relief Fund
State Bank of Pakistan (SBP) has instructed banks to provide utmost facilitation to their general masses and donors looking for… Read More
HabibMetro Bank Records Modest Profit Growth Q1 2020
Habib Metropolitan Bank has recorded modest profit growth of 4 percent in the first quarter of 2020. According to the… Read More
MCB Bank Donates Personal Protection Equipment Worth Rs. 10 Million to SH&ME Department Punjab
MCB Bank has donated Personal Protection Equipment (PPE) worth Rs. 10 million to the Specialized Healthcare & Medical Education (SH&ME)… Read More
This US Entrepreneur Wants to Disrupt International Payments in Pakistan
Brandon Timinsky believes financial services should be simple. He believes it so strongly that he named his upcoming product SadaPay… Read More
Over 80,000 Borrowers Benefited From SBP’s Loan Relief Schemes
The relief schemes introduced by the State Bank of Pakistan in the last few weeks have proven to be popular… Read More
BankIslami Launches IPO of Additional Tier 1 Modarba Sukuk
BankIslami Pakistan Limited, while fulfilling its vision of providing innovative Shariah-compliant products and services to the customers, proudly announces Pakistan’s… Read More
Mastercard Signs Agreement With Askari Bank to Expand Credit Card Issuance
Mastercard has signed an agreement with Askari Bank Pakistan for a multifaceted partnership to enhance customer experience and launch new… Read More
Bank Alfalah Supports 1.5 Million Beneficiaries Under Ehsaas Relief Program
Bank Alfalah is proud to be one of two exclusive partners for the delivery of the Prime Minister’s Ehsaas Emergency… Read More
