In an industry first move, JazzCash and Bank Alfalah are set to empower its customers to transfer funds to people’s… Read More
SBP Allows Trade With China in Yuan
State Bank of Pakistan (SBP) has allowed traders of Pakistan and China to trade different goods and services through Chinese… Read More
HBL Staff Demand Reinstatement of Fired Employees
Habib Bank Limited is entangled in yet another new crisis due to union politics since it fired its 144 employees… Read More
Sindh Bank and Summit Bank Merger Approved By Cabinet
The merger between Sindh central and Summit bank has been approved. As per earlier reports, Summit Bank closed its operations… Read More
Masterpass QR Brings You Secure, Quick and Discounted Cash Payments
Harnessing the power of mobile technology, Masterpass QR is a new payment solution that allows you to pay for goods… Read More
Banks Pushed to Increase Loans to SMEs
In order to boost the scale of Small and Medium Enterprises (SMEs), banks have been pushed to advance loans to… Read More
Rs. 2.5 Billion Released for Prime Minister’s Export Incentives Package
The government has released Rs. 2.5 billion for the implementation of “Prime Minister’s Export Incentives Package” bringing the total to… Read More
Pakistan Makes its First Electronic Islamic Banking Transaction Through PMEX
Pakistan Mercantile Exchange Limited (PMEX), the country’s only multi-commodity futures exchange, has facilitated Pakistan’s first electronic Murabaha transaction, which in… Read More
Branchless Banks Asked to Give Rs. 100 of Mobile Balance on Remittances
State Bank of Pakistan (SBP) has asked branchless banking (BB) players to give free airtime of Rs. 100 to their… Read More
PM Launches Home Remittances & SME Financing Schemes
Prime Minister Shahid Khaqan Abbasi has launched a promotion scheme of home remittances through m-wallet accounts, as part of the… Read More
Habib Bank Undergoes Massive Round of Layoffs
Habib Bank Limited has laid off as many as 180 employees in a single go, we have confirmed with sources.… Read More
State Bank Completely Misses Targets for Treasury Bills Auction
Banks are reluctant to lend the government for the long term. They are anticipating a higher interest rate as after… Read More
