The Senate Standing Committee (SSC) on Interior is investigating the sudden devaluation of the Pakistani Rupee which happened on 9th… Read More
Imran Maqbool Appointed as CEO and President of MCB Bank for the 3rd Time
Imran Maqbool has been appointed the President and CEO MCB Bank for the third time. Imran Maqbool assumed the charge… Read More
MCB Partners With Bank Al Jazira’s Fawri For Easy Remittances from Saudi Arabia
MCB Bank has entered into an agreement with leading Saudi financial institution, Bank Al Jazira (Fawri), for the facilitation of… Read More
Pakistani Banking Sector in 2018 [Roundup]
2018 proved to be a critical year for the banking sector of Pakistan which exposed its hidden weaknesses in operations… Read More
Jazz Launches B2B eCare Platform for its Corporate Customers
Jazz, Pakistan’s leading digital communications company, launched Jazz Business World, a new Self Service Platform for its Corporate Customers. The… Read More
Bank Loans to Private Sector Show Massive Growth of 284% in H1FY19
Despite a steep surge in interest rates, commercial bank lending to the private sector has shown a significant growth of 284 percent… Read More
NBP and Bank Aljazira Partner to Boost Remittances from Saudi Arabia
The National Bank of Pakistan (NBP) will jointly work with Bank Aljazira for increasing remittances from Saudi Arabia through legal… Read More
Noor Financial Divests Rs. 1.2 Billion from Meezan Bank
Noor Financial Investment Company continued with its divestment plans in Meezan Bank as it sold over 15.7 million shares to… Read More
Avanza Premier Payment Services & HabibMetro Bank Partner to Launch PayFast Payment Gateway
Avanza Premier Payment Services (APPS) and HabibMetro Bank signed an agreement to enable ‘PayFast’, APPS payment gateway, to provide a… Read More
Banks Need to Come Up with Innovative Agricultural Finance Models in Pakistan
By Mazhar Mehmood Jatoi Financial institutions face opportunities as well as challenges in providing financial services to the agricultural sector.… Read More
SBP Orders Branchless Banks To Partner With Third Party Financial Institutions
SBP has made it mandatory for commercial and microfinance banks and telecom operators to partner with a financial institution as… Read More
BankIslami Extends Auto Finance Partnership With Audi Pakistan
BankIslami Pakistan Limited, one of the leading Islamic banks of Pakistan, has extended its agreement for the year 2018, with… Read More
