Askari Bank is establishing itself in the area of digital financial services with its latest initiative to create a cashless… Read More
Silkbank Losses Jump 87% to Rs. 12.3 Billion in 2021
Silkbank Limited (PSX: SILK) has finally announced its financial results for the year ended December 31, 2021, whereby the bank… Read More
Bank Alfalah Withdraws Offer to Buy Majority Stake in Samba Bank
Bank Alfalah Limited (PSX: BAFL) has withdrawn its public announcement of intention to buy an 84.5 percent stake in Samba… Read More
Standard Chartered Delivers Bespoke Solution to Support IATA EASY PAY in Pakistan
Standard Chartered Bank (SCB) Pakistan recently implemented an improved IATA EASY PAY solution tailor-made for the Pakistan market to streamline… Read More
TPL Corp and Abhi Get SBP Approval to Jointly Acquire FINCA Microfinance Bank
TPL Corp Limited (PSX: TPL) and Abhi Private Limited have received final approval from the State Bank of Pakistan (SBP)… Read More
Saudi National Bank Refuses to Sell Stake in Samba Bank
Majority shareholder Saudi National Bank (SNB) has backed out of selling its stake in Samba Bank Limited (PSX: SBL), the… Read More
Bank of Khyber Officially Appoints Hassan Raza As CEO
Hassan Raza has joined the Bank of Khyber (PSX: BOK) as Managing Director/Chief Executive Officer, the bank informed the main… Read More
IHC Prohibits FBR From Recovering Tax From Askari Bank on ADR Formula
Islamabad High Court (IHC) has barred the Federal Board of Revenue (FBR) from recovering income tax from a leading bank… Read More
Banks to Remain Closed on 9 November
The State Bank of Pakistan (SBP) announced on Wednesday that a public holiday will be observed on Saturday, 9 November… Read More
Silkbank Gets Board Approval to Merge With UBL
The Board of Directors of Silkbank Limited (PSX: SILK), in its meeting held on November 6, 2024, has accorded its… Read More
SBP Cuts Key Interest Rate 4th Time in 4 Months
The State Bank of Pakistan (SBP) announced on Monday that it has decreased the interest rate by 250 basis points… Read More
UBL Submits Offer to Merge With Silkbank
United Bank Limited (PSX: UBL) has submitted an offer to Silkbank Limited (PSX: SILK) for the amalgamation of Silkbank with… Read More
