State Bank of Pakistan (SBP) has relaxed the existing policy for banks. It has now delegated powers to banks to… Read More
MCB Bank Launches its Second Digital Branch in Lahore
MCB Bank seems aggressive to promote digital banking within its network as it inaugurated its second State-of-the-Art Digital Lounge at… Read More
Karandaaz to Make International Remmitances Easier & Cheaper
Karandaaz Pakistan has signed agreements worth PKR 148 Million with three prominent players in the international remittance market under the… Read More
Pakistan, Iran Agree to Trade in Euro and Yen
State Bank of Pakistan (SBP) and Bank Markazi Jomhouri Islami Iran (BMJII) have devised a payment settlement mechanism to settle… Read More
Banks Continue to Deny Services To Police, Lawyers, Political Workers
Some bankers are openly refusing to provide banking services to politicians, policemen, media persons and lawyers in spite of repeated… Read More
Summit Bank Posts Rs. 106 Million Profit During Q1 2017
Summit Bank surprised the banking industry with the profit of Rs 106 million it posted in the first quarter of… Read More
Scam Worth Billions Revealed in Sale of Bank of Punjab
A big scandal has surfaced in the Bank of Punjab – where the share price of the bank was manipulated… Read More
MCB Bank Launches Its First Flagship Digital Branch in Lahore
MCB Bank also stepped in towards setting up its digital branch and launched its flagship branch featuring its first State-of-the-Art… Read More
New Gold-Based Shariah Compliant Digital Currency Launched
An Islamic financial services and technology company, OneGram, has partnered up with GoldGuard to build one of the world’s largest… Read More
Riaz Riazuddin Appointed as Acting Governor of SBP
Federal Government is reluctant to extend the services of current Governor State Bank of Pakistan (SBP) Ashraf Mehmood Wathra for… Read More
Bahria Town Gets Green Signal to Acquire Escorts Bank
Securities and Exchange Commission of Pakistan (SECP) has given a green signal to Bahria Two to acquire 71.16% stakes as… Read More
The Bank of Punjab Posts Yet Another Profitable Quarter
The Bank of Punjab Ltd has announced a net profit of Rs 1.56 billion for the first quarter which ended… Read More
