His excellency Nasser Abdullah Hussain Lootah, Chairman of the Board of Directors of Summit Bank Limited, visited the bank’s head… Read More
Faysal Bank Invests Rs. 500 Million in Subsidiary & Posts 25% Higher Profit in H1 2019
Faysal Bank Limited (FBL), continuing its aggressive plans in the financial sector, has injected Rs. 500 million in its subsidiary… Read More
Askari Bank Posts 24% Growth in Profits in H1 2019
Askari Bank recorded a profitable half-year that ended on June 30 2019. It showed a growth of 24 percent year-on-year.… Read More
HBL Offers Customers to Get Credit Cards through Mobile App
HBL has now become the first bank in Pakistan to offer credit cards through its mobile app. Customers will be… Read More
Bank Alfalah Records a 2.8% Growth in Profit in H1 2019
Bank Alfalah has made a profit of Rs. 6.2 billion in the first half of the current year as compared… Read More
Bank Deposits Decline by a Massive Rs. 710 Billion in July
Banking industry’s deposits have declined by Rs. 710 billion in July, mainly due to customers panicking and withdrawing money from… Read More
Pakistan Receives Over Rs. 2 Billion Remittance in July 2019
Overseas Pakistanis remitted $2.039 billion in the first month (July) of FY 2019-20 as compared with $1.98 billion received during… Read More
SBP Issues Fresh Currency Notes Worth Rs. 284 Billion for Eid-ul-Azha
The State Bank of Pakistan (SBP), through 16 field offices of its subsidiary SBP Banking Services Corporation (SBP BSC), has… Read More
SBP Penalizes 4 Banks for Violating Anti-Money Laundering Rules
State Bank of Pakistan (SBP) has imposed heavy penalties, amounting to Rs. 184 million, on four banks for violation of… Read More
MCB Records 9% Growth in Profits for H1 2019
MCB Bank sustained its profitability on the balance sheet with profit growth of 9% in the first half of 2019… Read More
It’s not an App, Its Your Lifestyle!
Think of all the everyday things you do with your smartphone. Let’s make a list: online shopping, ordering food, booking… Read More
UBL Profits Grow by 50% in H1 2019
United Bank Limited (UBL) performed exceptionally in the local banking industry, posting profit growth of 50% in the first half… Read More
