The federal government has decided to discontinue Rs. 40,000 denomination national prize bonds, with effect from Friday. This will fill… Read More
Allied Bank Reports Another Profitable Year With Rs. 13 Billion in 2018
Allied Bank of Pakistan (ABL) has restricted the negative growth spree in its profitability as it has succeeded in maintaining… Read More
Moody’s Changes Outlook for Pakistan’s Banking System from Stable to Negative
Moody’s Investors Service has changed its outlook for the banking system in Pakistan to negative from stable. The negative outlook… Read More
Govt Hasn’t Stopped PayPal from Entering Pakistan: Asad Umar
The Finance Minister of Pakistan, Asad Umar, has confirmed that the government has not stopped PayPal from entering into the… Read More
JS Bank Hosts Session with Prof. Vali Nasr, Dean Johns Hopkins University
Building Pakistan’s international relations and presence, JS Bank hosted Prof. Vali Nasr, Dean School of Advanced International Studies (SAIS) Johns… Read More
Banks Fail To Introduce Chip-based Debit & Credit Cards To Their Customers
A majority of the banks in Pakistan has failed to introduce chip-based payment cards to their customers that should be… Read More
Dubai Islamic Bank Records 61% Profit Growth in 2018
Dubai Islamic Bank Pakistan Limited has reported an impressive financial performance in 2018 with profit growth of 61 percent. The… Read More
Syed Liaquat Ali Appointed as CFO Group Head Finance at Silk Bank
Syed Liaquat Ali has been appointed as the new Group Head Finance and Chief Financial Officer (CFO) of Silk Bank… Read More
Pakistan Will Miss Its GDP Target But Will Finally Achieve Economic Stability: SBP
State Bank of Pakistan (SBP) has projected that Pakistan’s GDP will grow between 4 and 4.5 percent in the financial… Read More
UK Funded Karandaaz and JS Bank Announce Rs 1 Billion for SMEs
The UK-funded Karandaaz has signed an agreement with JS Bank to jointly make PKR 1 billion available for small and… Read More
Faysal Bank to Convert Into an Islamic Banking Institution
Pakistan’s premier banking institution, Faysal Bank Limited, reiterated its plans at IBA City Campus to convert into a full-fledged Islamic… Read More
UBL Closes Its Branch in New York
United Bank Limited has closed off its branch in New York on January 28, according to the official notification issued to Pakistan… Read More
