Both the State Bank of Pakistan and the Bangladesh Bank have granted in-principle approval to Bank Alfalah Limited (PSX: BAFL)… Read More
HBL Chairman Highlights Bank’s Mission to Empower Pakistan Through Technology and Inclusivity
In a recent media meet-up, the Chairman of HBL Bank, Mr. Sultan Ali Allana, highlighted how HBL Bank is making… Read More
IHC Grants Temporary Relief to Banks With Poor Lending Record Against Govt Tax
The Islamabad High Court has granted temporary relief to around 12 banks against a government-imposed tax tied to private-sector lending,… Read More
Askari Bank Leads the Development of Pakistan’s First Cashless Ecosystem for Housing Societies
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Bank Alfalah Limited (PSX: BAFL) has withdrawn its public announcement of intention to buy an 84.5 percent stake in Samba… Read More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
