In order to meet the increasing demands of competent human resource in the Islamic Banking Industry of Pakistan, the central… Read More
Allied Bank, AutoSoft Dynamics and Finja join hands to launch ABL’s Branchless Banking Solution
Allied Bank has partnered with AutoSoft Dynamics and Finja to implement a complete branchless banking solution. The solution will provide… Read More
Banks to Give Advance Loans of Upto Rs 1.5 Billion to Exporters for Buying Plants & Machinery
State Bank of Pakistan (SBP) has rolled out guidelines for commercial banks to provide loans of up to Rs. 1.5… Read More
Summit Bank Outlines Backup Plan for its Merger with Sindh Bank
Summit Bank Limited will receive additional funds from a major sponsor, Suroor Investments Limited, to improve its financial standing in… Read More
Mobilink Microfinance Bank Profits Grow By 165% in 2017
Mobilink Microfinance Bank recorded an impressive growth of 165 percent in profits annually. According to available reports, the microfinance bank… Read More
SBP Launches Deposit Protection Scheme for Pakistani Bank Account Holders
All commercial and scheduled banks will have to deposit billions of Rupees into the Deposit Protection Corporation (DPC) in order to… Read More
SBP Issues Rs 363 Billion in Fresh Currency Notes for Eid-ul-Fitr this Year
State Bank of Pakistan (SBP) issued a total of Rs. 363 billion in fresh currency notes ahead of Eid-ul-Fitr to… Read More
Only Proper Banking Channels Can Be Used For Availing Tax Amnesty Scheme: SBP
State Bank of Pakistan (SBP) rolled out instructions for beneficiaries of tax amnesty scheme saying that the tax payment can… Read More
HBL’s Abid Sattar Appointed as President & CEO of Askari Bank
The board of directors of Askari Bank have appointed Abid Sattar as the President and Chief Executive Officer of the… Read More
Noor Financial Sells Shares Worth Rs 2.61 Billion of Meezan Bank
Noor Financial Investment Company continued with its divestment plans in Meezan Bank as it sold over 36 million shares to… Read More
Karandaaz Supporting Digitization of National Bank of Pakistan
Karandaaz Pakistan and National Bank of Pakistan (NBP) have partnered to launch a nationwide initiative for the promotion of digital… Read More
SBP Designates UBL, HBL & NBP as Systemically Important Banks
State Bank of Pakistan (SBP) appointed three banks— Habib Bank Limited, United Bank Limted and National Bank of Pakistan—as Domestic… Read More
