With the increase in hacking attacks on the banks that cost losses and inconvenience to customers, State Bank of Pakistan has given… Read More
NBP to Raise Rs100 billion Sukuk with 16 Banks for Neelum Jhelum Project
National Bank of Pakistan (NBP) will raise Rs 100 billion Sukuk with consortium of 16 banks for Neelum Jhelum Hydropower Company… Read More
SBP Directs Banks To Take Action Against Branchless Banking Agents for Overcharging
State Bank of Pakistan (SBP), through a new policy framework, has directed commercial banks and microfinance banks to take prompt… Read More
Growth in Branchless Banking Sector Goes Flat
Furious growth indicators of branchless banking sector have gone flat as State Bank of Pakistan has reported that number of transactions… Read More
Payoneer Now Allows Withdrawal of Funds to Pakistani Bank Accounts
Paynoneer, the global payment processing system, has now opened its wire transfer services for banks in Pakistan, with which, anyone… Read More
Bank Alfalah to Launch ‘Cinepay Mobile Wallet’ for Moviegoers
Strengthening its commitment to innovating everyday transactions, Bank Alfalah has signed an agreement with Cinepax Cinemas and UnionPay International to… Read More
SBP Tells Banks to Stop Misleading Customers
State Bank of Pakistan (SBP) has taken an initiative to stop commercial banks using tactics to befool customers to make… Read More
SBP Asks Banks to Adopt Europay MasterCard Visa (EMV) Standards by 2018
State Bank of Pakistan (SBP) has made it mandatory for commercial banks including microfinance banks and card service providers to… Read More
Banking Sector Nets Rs. 52.9 Billion in Profits
Banking sector of Pakistan earned Rs 52.9 billion with 2.1 percent growth in the first quarter of current calendar year… Read More
Hackers Steal Money from Faysal Bank Customers Once Again!
Dozens of Faysal Bank’s customers were shocked when they received SMS and Email alerts about the withdrawal of significant amount… Read More
JazzCash Launches Health Insurance with Annual Cover of up to Rs. 50,000
JazzCash has announced the launch of Sehat Sahulat, an affordable health insurance service, in partnership with TPL Direct Insurance for… Read More
SBP SMS Service: Get Fresh Currency Notes Before Eid
The State Bank of Pakistan (SBP) has taken steps to provide citizens with fresh currency notes, especially with Eid holidays… Read More
