All About Banking & Finance in Pakistan

Islamic Banking Industry Records 100% Growth in Profit Before Tax

The Islamic banking industry is growing its profits by leaps and bounds which is evident with its handsome profit before… Read More

Habib Bank Limited is curtailing its overseas operations and is shutting down another subsidiary, HBL Bank UK in Rotterdam, Netherlands.… Read More

Faysal Bank has introduced its new set of credit cards: Blaze is the new gold variant and Velocity is the… Read More

Pakistan’s banking industry was in flux during the past five years as the discount rates dramatically reduced to 5.75 percent… Read More

State Bank of Pakistan (SBP) has imposed heavy penalties on four commercial banks in November 2019 due to the violation… Read More

BankIslami Pakistan Limited has successfully completed its 6th rights issue of Rs. 1 billion to increase its total paid-up capital… Read More

Moody’s Investors Service (Moody’s) has affirmed the B3 long-term local currency deposit ratings of five Pakistani banks and changed the… Read More

Banks in Pakistan have agreed to share details of their account holders with tax authorities in a deal inked this… Read More

Bank Alfalah has joined hands with Telenor Pakistan, one of the country’s leading telecommunication companies, in a formal ceremony to… Read More

Bank Alfalah will perform settlement services for NIFT’s Digital Financial Services Platform called “NIFT ePay”… Read More

Governor State Bank of Pakistan (SBP) Dr. Reza Baqir has appreciated the banks for their efforts in increasing the credit… Read More

Despite being one of the most lucrative businesses in the country, for some reason, jewelers have, over time, unfortunately, lagged… Read More