All About Banking & Finance in Pakistan

Islamic Development Bank to Lend Pakistan $4.5 Billion Worth of Oil

The Saudi-backed Islamic Development Bank (IsDB) will lend Pakistan oil worth $4.5 billion. A spokesperson for the Ministry of Finance… Read More

Meezan Bank plans to promote KIA Lucky Motors’ cars through its Sharia-based auto finance products. In this regard, it has… Read More

The present government is aiming to introduce reforms in the banking sector through finance supplementary bill to enhance the economic… Read More

Dubai Islamic Bank Pakistan Limited (DIBPL) is set to raise Rs. 3 billion through Additional Tier 1 Sukuk under Mudarabah… Read More

The federal government has assured the business community that it will abolish withholding tax (WHT) on banking transactions for income… Read More

The current account deficit reduced by 4.4 percent during the period of July to December 2018 compared with the corresponding… Read More

Allied Bank Limited has booked a provision expense of Rs. 13.3 million in its Bahrain’s operation mainly to adopt the… Read More

Muhammad Aurangzeb, President and CEO Habib Bank Limited, has been elected as the Chairman of Pakistan Banks’ Association (PBA). He… Read More

State Bank of Pakistan (SBP) will launch a dedicated website and helpline service for the public in order to promote… Read More

Rizwan Ata, a big name in the Islamic banking industry, has moved to Bank Islami to head its important commercial… Read More

More money is coming from the public towards banks as the deposits of the banking industry have reached all-time high… Read More

State Bank of Pakistan (SBP) has won the global award as the best Central Bank in promoting Islamic finance for… Read More