All About Banking & Finance in Pakistan

Standard Chartered Bank Gets Yuan Clearing Facility in Pakistan

The State Bank of Pakistan (SBP) has allowed Standard Chartered Bank (SCB) Pakistan Limited to establish their local CNY clearing… Read More

State Bank of Pakistan has advised all commercial banks to install or update their systems including software(s) and database(s) to… Read More

Noor Financial Investment Company sold out 13% of its overall shareholding in Meezan Bank to various foreign investors but it… Read More

Meezan Bank fell short in achieving the asset base target of Rs. 954 billion in 2018, however, it surpassed the… Read More

The State Bank of Pakistan (SBP) is planning to launch a low-cost housing scheme for widows, children of martyrs, special… Read More

Pakistan’s banking industry has made a record by advancing loans of more than Rs. 1 trillion in 2018 but at… Read More

United Bank Limited has suffered a loss of more than Rs. 1 billion from the closure of its foreign branch… Read More

Some of the commercial banks are not complying with the directives of the central bank to send free SMS alerts… Read More

JS Bank has become Pakistan’s first financial institution to be accredited by the Green Climate Fund (GCF), the world’s largest… Read More

Bank Alfalah’s exit strategy from Afghanistan did not work as the acquiring bank failed to get the approval from the central bank of… Read More

Bank of Punjab (BoP) posted a surprise profit of Rs. 7.6 billion in 2018 thanks to earnings through reversal of… Read More

Khushhali Microfinance Bank Limited (KMBL) posted its financial results for the year ended December 31, 2018, in Islamabad. With a… Read More