In a latest development, the banking regulators of Pakistan and Iran have taken a step towards opening of banking channels… Read More
Noman Azhar Joins Meezan Bank as its Head of Branchless Banking
Noman Azhar, the former Head of Mobile Financial Services at Ufone, has joined Meezan Bank as its Head of Branchless… Read More
SBP Warns Banks To Avoid Delays In Crediting Pensions in Accounts
State Bank of Pakistan (SBP) has issued a warning to all commercial banks which are making delays in crediting/ transferring… Read More
Only Rs.12 Million Out of Rs. 1.2 Billion Claims Left Under NDRP: SBP
State Bank of Pakistan (SBP) has stated that a mere Rs. 12 million is left en-cashed/reclaimed by the depositors out… Read More
SECP to Conduct Awareness Sessions to Review In-House Financing
In the recent notice to Clearing Members / Settling Banks, Pakistan Stock exchange in collaboration with National Clearing Company of… Read More
Jameel Ahmad Appointed as Deputy Governor SBP
To avoid any further controversy, the Federal Government today appointed a career officer as Deputy Governor State Bank of Pakistan.… Read More
Pakistan’s Foreign Exchange Reserves Deplete by $1.61 Billion
Pakistan foreign exchange reserves are falling down speedily, posing questions over the competency of economic managers of the country. More… Read More
Meezan Bank to Launch PayPak Branded Debit Cards
Local banks are continuously working for local payment platform, PayPak, as Meezan Bank being Pakistan’s first and largest Islamic bank,… Read More
Pakistan to Achieve Record Breaking GDP in 2016-17: State Bank
State Bank of Pakistan (SBP) is optimistic that the government will achieve a GDP growth rate ranging from 5 percent… Read More
Edhi Commemorative Coin Unveiled at the State Bank of Pakistan
A Rs. 50 coin was unveiled at the State Bank of Pakistan Friday, 31st March, 2017 to commemorate the services… Read More
Pakistan’s Economic Environment Is Conducive For Growth: SBP
Pakistan’s overall economic environment remains conducive for growth, on the back of accommodative monetary policy, increase in development spending, and… Read More
NBP Posts its Highest Ever Profits
National Bank of Pakistan (NBP) posted its highest ever profit in a fiscal year with 12% growth to stand at… Read More
