JS Bank Limited & BlueEast Pvt Ltd have signed a Memorandum of Understanding for pioneering Pakistan’s first ever Internet of… Read More
Moody’s Downgrades Habib Bank’s Credit Rating in Light of Fine
Moody’s has affirmed Habib Bank Ltd. (HBL)’s B3/Not-Prime local currency deposit ratings and its Caa1/Not-Prime foreign currency deposit ratings. At… Read More
Oman Air is Offering Upto 20% Discount for SCB Card Users
Oman Air, the national carrier of the Sultanate of Oman, recently collaborated with Standard Chartered Pakistan to offer exclusive discounts… Read More
Bank Alfalah Wins Best Bank of the Year 2017 Award
Bank Alfalah has been awarded “The Best Bank of the year 2017 Award” at an award ceremony organized by the… Read More
Breaking: Alibaba is Looking to Buy Major Stakes in Telenor Bank
Jack Ma’s Alibaba, the world’s biggest e-commerce player, is evaluating its options to enter the Pakistani market. Top officials of… Read More
MCB Bank Bags ‘Best Corporate Report’ Award
MCB Bank, one of Pakistan’s largest banks, has been honored with the prestigious “Best Corporate Report” Award in the Banking… Read More
SBP Allows Bank of China To Start Its Operations in Pakistan
State Bank of Pakistan (SBP) has allowed the Bank of China Limited to commence its banking business in Pakistan under… Read More
Ashraf Mahmood Wathra Rejoins HBL
Mr. Ashraf Mahmood Wathra, former governor of State Bank of Pakistan (SBP), has rejoined Habib Bank Limited (HBL) as Senior… Read More
Banks May Face Heavy Penalties On Issuance of Unverified Notes
Banks will face a heavy penalty equal to 100 times of the value of a forged banknote that are found… Read More
Non-Filers Now Have to Pay 4% Advance Tax for Car Lease
For any motor vehicle leased by a Sharia compliant scheme or through the conventional mode of financial assistance, non-filers of… Read More
CEOs and Bankers Under Investigation for Rs 10.4 Billion Fraud
Seven government officials are under fire for committing fraud of Rs 10.4 billion. Five former senior officials of National Bank… Read More
UBL Wants FIA to Take Action Against Those Maligning it on WhatsApp
United Bank Limited has registered a complaint with the Federal Investigative Agency (FIA) Cyber Crime unit against some social media… Read More
