Federal Bureau of Revenue (FBR) is planning to suggest the Prime Minister to increase withholding tax on cash withdrawals by… Read More
SBP Shifts Responsibility of Mobile Banking Fraud to Banks
The Pakistan Telecommunication Authority (PTA) and the State Bank of Pakistan (SBP) have decided to make mobile banking a much… Read More
SBP Sets Rs 200 Million Paid-Up Capital Requirement for Third Party Service Providers
State Bank of Pakistan (SBP) has set up a requirement of Rs 200 million for paid-up capital for Third Party… Read More
Governor SBP Sees Cooperation Among SAARC Countries for Regional Banking Framework
Governor State Bank of Pakistan, Ashraf Mahmood Wathra, has emphasized the importance of enhanced cooperation among the central banks to… Read More
Tameer Bank, HBL Win Two Titles Each at First Pakistan Banking Awards
Tameer Microfinance Bank and Habib Bank Limited won two titles each for two different categories at Pakistan’s first Banking Award… Read More
Pakistani Hackers Allegedly Involved in $81 Million Bangladesh Bank Heist
New information has come to light regarding the theft of $81 million from Bangladesh’s central bank. This security breach has… Read More
Banks Fail to Promote Saving Accounts Among Masses
Commercial Banks failed to convince customers to open saving accounts at branches owing to complicated procedures, poor advertisements and lower… Read More
SBP Issues Regulations for Banks PrePaid Cards
In order to promote documented economy and advanced mode of transactions, State Bank of Pakistan (SBP) has issued “Prepaid Card… Read More
MCB to be Powered with High-Speed Data Services from Zong
Zong recently joined hands with Muslim Commercial Bank (MCB) for a corporate agreement that allows the provision of Zong’s exceptional… Read More
Audi Partners With BankIslami, Ready to Enter Pakistani Market
German automaker Audi seems serious and is taking aggressive steps to enter the flourishing Pakistan’s automobile market. The company is… Read More
Easypaisa Upgrades to Next Generation Financial Services Platform
Pakistan’s Mobile Money service Easypaisa has announced today its successful upgradation to the next generation Financial Services platform established by… Read More
Only 16% of Pakistanis Use Bank Accounts
Merely 16% Pakistanis claim to own and/or use a bank account, including a traditional bank account as well as a… Read More
