Pakistan received a total of $2.452 billion in external aid during July-October 2017-18, revealed Economic Affairs Division (EAD). The government… Read More
FonePay by Masterpass May Just Be the Only Banking App You Need
FonePay (powered by Masterpass), is a solution that allows consumers to make simple and secure digital payments across devices and… Read More
Banks Investments in Govt Papers Surge By Rs. 1 Trillion in 2017
The commercial banks’ reliance on government papers/securities for making investment and securing safe returns is continuing, as an amount of… Read More
HBL Launches Open Payments API in Pakistan
As an industry first, HBL has launched an open API, allowing its 10 Million bank account holders to instantly purchase… Read More
Allied Bank Revamps Its Online Banking Portal & Smartphone Apps
Allied Bank has officially launched myABL — the new face of Allied Direct Internet Banking. The bank’s previous internet banking mechanism… Read More
SMEs Can Play a Major Role in Pakistan’s Development
Small and Medium Enterprise (SME) can play a major role in development of Pakistan, but due to a lack of… Read More
PTCL & 1LINK Sign Agreement for Hosting Their Primary Data Center Facility
Pakistan Telecommunication Company Limited (PTCL) has inked a Data Center Hosting agreement with 1LINK Guarantee Limited, which is the largest… Read More
SBP Optimistic to Achieve GDP Target As Policy Rate Remains At 5.75%
The Monetary Policy Committee of State Bank of Pakistan (SBP) has decided to keep the policy rate at 5.75% for… Read More
Arrested Hackers from Rahim Yar Khan “Learned Everything Online”
Police has arrested three people on charges of stealing money by hacking ATM machines and bank accounts. After an initial… Read More
ADB Approves a $275 Million Irrigation Project for Jhelum and Khushab
The Asian Development Bank’s (ADB) Board of Directors has approved a $275 million loan to help build a surface irrigation… Read More
Branchless Banking Companies Show Record Growth in Recent Quarter
The efforts of marketing and sales departments of branchless banking companies reaped massive benefits as they witnessed a handsome season.… Read More
SBP Planning to Enhance & Digitize the Domestic Banking Sector
State Bank of Pakistan (SBP) plans to transform the domestic banking sector into an advanced, digitized, convenient and risk-free financial… Read More
