MCB Bank has crossed the mark of Rs. 1 trillion deposits, becoming the fourth bank in Pakistan to reach the… Read More
Auto-Financing by Banks Reaches an All Time High of Rs. 193 Billion
Auto-financing by conventional and Islamic banks in Pakistan has reached all-time high levels. According to recent State Bank of Pakistan… Read More
Capital Markets Key Avenue for Attracting Foreign Inflows: Dr Shamshad Akhtar
Caretaker Finance Minister, Dr. Shamshad Akhtar emphasized strengthening the capital market which is critical for augmenting domestic resource mobilization to… Read More
Rupee Gains Over Rs. 5 Against US Dollar in Interbank Market
The rupee has seen its value appreciate as it now stands at Rs 122.5 against the dollar.… Read More
Dollar Falls by Rs. 4.50 in One Day
Dollar fell by Rs. 4.50 in the open market to reach Rs. 123.50, the Currency Exchange Association said Saturday. End… Read More
SBP Stops Banks From Making Unsolicited Calls For Product Marketing
In order to address the prevailing conduct of phone bankers, State Bank of Pakistan (SBP) has stopped them from marketing… Read More
MCB Bank and ACE Money Transfer’ Announce Winner for Home Remittance Campaign
MCB Bank and renowned money transfer company, ACE Money Transfer (Aftab Currency Exchange), awarded a brand new Suzuki Mehran to… Read More
SECP and NACTA Partner to Combat Money Laundering & Terrorism Financing
The Securities and Exchange Commission of Pakistan (SECP) and National Counter Terrorism Authority (NACTA) have resolved to jointly undertake all… Read More
Data on Immovable Properties Owned by Pakistanis in UK Obtained by FBR
The Federal Board of Revenue (FBR) has obtained information regarding immovable properties owned by Pakistanis in United Kingdom (UK). The… Read More
State Bank Hikes Policy Rate by 1%
State Bank of Pakistan (SBP) increased the policy rate by 1% against the market expectations of 0.5%. Experts say that… Read More
Federal Reserve Orders UBL to Strengthen its Anti-Money Laundering Practices
The Federal Reserve in US on Thursday ordered United Bank Limited to toughen its anti-money laundering policies and faulted the… Read More
State Bank Decision Not to Affect Summit Bank Depositors
Ongoing case in Supreme Court of Pakistan and any ad hoc decisions are not going to impact Summit Bank depositors,… Read More
