National Bank of Pakistan (NBP), one of the top five banks of the country, surprisingly booked a profit of Rs… Read More
51% Pakistanis Think Only Salaried People Can Have Bank Accounts
Simple majority of people across the country believe that only those earning regular salary can have bank accounts. According to… Read More
Foreign Banks Continue to Make Handsome Money
Foreign banks operating in Pakistan have succeeded in booking profits in the first quarter of 2016 in contrast to local… Read More
UBL Records 1.8% Decline in Profits
United Bank Limited (UBL) saw a decline of 1.8 percent in profits in the first quarter of 2016 mainly because… Read More
Mobile Banking Transactions Rise by 5% in the Q2 2015-16
Mobile Banking has become very popular in Pakistan as people prefer the ease of using their phones instead of visiting… Read More
HBL Profits Decline Due to PSL Expenses
Banking industry has seen a shortfall in its consistent growth recently. In the first fiscal quarter of the year 2016,… Read More
Banks Transactions on PRISM Continue to Grow
During the second quarter of FY16, Pakistan Realtime Interbank Settlement Mechanism (PRISM) settled 225,598 transactions of value Rs. 64.1 trillion… Read More
BoK Records 96% Growth in Profit in Q1 2016
The Bank of Khyber (BOK)’earned Rs 605 Million Profit after tax (PAT)its first quarter ended 31st March 2016, showing 96… Read More
Waseela Microfinance Bank Deploys TPS’ IRIS Payment Switch
Waseela Microfinance Bank Limited has gone live with IRIS Switch, the next generation Enterprise Switch and Financial Middleware for ATM,… Read More
MCB Islamic Bank Signs Up TPS for Payment Application Suite
MCB Islamic Bank Limited (MCB – IBL), a subsidiary bank setup recently in Pakistan by MCB Bank, has selected TPS… Read More
70 Percent of Pakistan isn’t Aware of ATMs: Study
Only 30 percent of Pakistanis claim to have heard the word “ATM” and understand its meaning, leaving 70 percent of Pakistani population totally… Read More
MCB Bank Ltd. Releases Q1 2016 Financial Results
The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on April 19, 2016… Read More
