HBL has become the first bank in the country to offer instant personal loan through its mobile application. This innovation… Read More
SBP Declares Digital Currencies, Tokens, Coins Illegal
State Bank of Pakistan has declared the digital currencies, tokens and coins as illegal, advising all concerned and general public… Read More
SBP Asks Banks to Fire Executives Involved in Corruption
State Bank of Pakistan (SBP) has ordered all financial institutions to fire all C-level executives of the top management and… Read More
BankIslami Restores Online Banking Services a Month After Cyber Attack
Nearly a month after facing a data security breach and loss of millions of rupees, BankIslami has restored its payment… Read More
Bank Al Habib Overtakes Bank Alfalah to Become the 6th Largest Bank in Pakistan
Bank Al Habib has beaten Bank Alfalah in branch network size becoming the sixth largest bank in Pakistan in terms of… Read More
Pakistani Banks Are Refusing to Accept Wire Transfers from Payment Gateways
If you want to accept international payments in Pakistan, your options are quite limited. We don’t have PayPal so we… Read More
Govt Planning to Appoint Arif Usmani as NBP President: Report
The government is considering the appointment Arif Usmani as President/CEO of National Bank of Pakistan (NBP) for three years. However,… Read More
Faysal Bank Acquires 19.99% Voting Shares of Faysal Asset Management Limited
Faysal Bank Limited (FABL) has announced the acquisition of 19.99 per cent voting shares of its associated company, M/S Faysal… Read More
UBL To Shut Down Its Operations In the US
After Habib Bank Limited, another big name of Pakistan’s banking industry, United Bank Limited (UBL), has decided to shut down its… Read More
SBP Orders Banks Not to Staple Currency Notes
No more stapled notes.… Read More
PTCL & NDCTECH Collaborate for a Banking Cloud Platform in Pakistan
Pakistan Telecommunication Company Limited (PTCL) has signed a Memorandum of Understanding (MoU) with NDCTECH; an award-winning partner of Temenos, world’s… Read More
Meezan Bank and NayaPay Join Hands to Accelerate Digital Payments in Pakistan
A Memorandum of Understanding (MoU) was signed between Meezan Bank Limited and NayaPay Pvt Ltd. — an upcoming financial service… Read More
