MCB Bank has entered into an alliance with Canteen Stores Department (CSD) for the facilitation of special discounts and product… Read More
ADB Approves $20 Million Loan to Increase Credit Access in Pakistan
The Asian Development Bank (ADB) has approved a USD 20 million loan to help Pakistan’s Khushhali Microfinance Bank (KMBL) expand… Read More
SBP Revises Interest Rates At 4% For Financing SMEs
State Bank of Pakistan (SBP) has revised interest rates at 4% to encourage banks and DFIs to promote flow of… Read More
SBP Maintains Policy Rate at 5.75%
The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 5.75 percent. Real GDP growth… Read More
Faysal Bank Partners with Mashreq for QuickRemit Services
Faysal Bank has partnered with Mashreq, a leading financial institution of UAE, to provide QuickRemit service to Pakistan. QuickRemit, a… Read More
Yousaf Hussain Appointed as Acting President & CEO of Faysal Bank
Yousaf Hussain, Senior Vice President and Chief Risk Officer at Faysal Bank Limited has been given an additional charge of… Read More
BMW X1 SUV Now Available for as Low as Rs. 54k Per Month
BMW launched its X1 compact luxury crossover SUV last year, targeting the Pakistani auto consumers with world-class features and a… Read More
President of Faysal Bank Steps Down
President and CEO of Faysal Bank, Mr. Nouman Ansari, has stepped down from his position, we have checked with sources.… Read More
NBP’s New President to Get Rs. 40 Million a Year in Salary, Excluding Perks
National Bank of Pakistan (NBP) shareholders approved the salary of newly appointed President and rejected the performance bonus of outgoing… Read More
Bank of China Gets Banking Licence from State Bank
Sate Bank of Pakistan (SBP) has issued a banking licence to the Bank of China. The bank will commence its… Read More
State Bank’s Reserves Fall Below $16 Billion Mark
Foreign exchange reserves of the State Bank of Pakistan (SBP) are on the downside this week, with the total reserves… Read More
JS Bank Gets Green Office Certification from WWF
JS Bank became the first commercial bank in Pakistan to be certified by the World Wide Fund for Nature (WWF… Read More
