Faysal Bank has been aggressive in its plan to convert its conventional banking system into Sharia-based as it has achieved… Read More
Bank Al-Habib Gets Green Signal To Acquire Habib Asset Management Ltd
Bank Al-Habib has been granted permission from regulatory authorities to acquire 70 percent stakes of its subsidiary, Habib Asset Management… Read More
Pakistani Fintech Entrepreneur Wins Award at FiNext Conference Dubai 2020
Adnan Ali, the CEO of Avanza Premier Payment Services (APPS) won the “Excellence in Finance Leaders” award for his contributions… 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
NBP’s Profits Dropped By a Massive Rs. 4.2 Billion in 2019
National Bank of Pakistan (NBP) recorded a tough year as its profits dropped massively to Rs. 15.8 billion in 2019… Read More
Silkbank Credit Card Users Will Now Get a Big Discount on British Airways Air Tickets
Silkbank Limited, having a substantive market share of Credit Cards, signed an agreement with British Airways. Many renowned government officials,… Read More
BankIslami Makes Over Rs. 1 Billion Profit in 2019
BankIslami profits surged to over Rs. 1 billion in 2019. The bank profits of Rs. 1.103 billion, which is 241%… Read More
Standard Chartered Bank Made a Record Profit of Rs. 16 Billion in 2019
Standard Chartered Bank has made a record all-time high profit of Rs. 16 billion in 2019. The bank witnessed 43… Read More
Pakistan’s Continued Presence on FATF Greylist is Credit Negative for Its Banks: Moody’s
Moody’s has released a report in which it has stressed that Pakistan’s continued presence on list of jurisdictions under increased… Read More
Is Atif Bajwa Rejoining Bank Alfalah?
Atif Bajwa, a renowned banker, is rejoining Bank Alfalah as CEO and President after a gap of three years. According… Read More
VavaCars Partners With Meezan Bank for Car Trading
VavaCars, a globally recognized car transaction platform, and Meezan Bank, Pakistan’s leading Islamic Bank, entered into an agreement to pave… Read More
UBL to Shut Down Its Subsidiary in Pakistan
UBL is set to wind up the operations and businesses of its subsidiary, United Executors and Trustees Company Limited. The… Read More
