The subsidiary of United Bank Limited, UBL Currency Exchange has merged with Wall Street Exchange Company after the approval of… Read More
U Bank and Yousuf Dewan Companies Sign MoU to Collaborate for Enhanced Affordability of EVs
U Microfinance Bank (U Bank) and Yousuf Dewan Companies have entered into a strategic collaboration to leverage their combined strengths… Read More
Bank of Punjab to Set Up Offices in Bahrain, UAE
The Board of Directors of the Bank of Punjab (PSX: BOP) in their meeting held on July 01, 2024, have… Read More
SBP Sets New Guidelines For Banks to Facilitate Sugar Exports
The State Bank of Pakistan (SBP) has established new guidelines for banks to facilitate the export of 150,000 metric tons… Read More
SBP Orders Banks to Report All Loans Given to Women
The State Bank of Pakistan (SBP) has directed all banks/DFIs to disclose the loans disbursed to women and women-owned/managed enterprises… Read More
JS Bank PACRA Rating Upgraded to “AA” for Exceptional Financial Performance
JS Bank, a premier financial institution renowned for its dedication to excellence and innovation, has received “AA” rating from the… Read More
Banks to Observe Extended Working Hours on the Weekend
To facilitate the taxpayers in payment of Government duties / taxes through Alternate Delivery Channels (ADC’s) and Over-the-Counter facilities, it… Read More
Banks to Remain Closed on Monday
The State Bank of Pakistan (SBP) will remain closed for public dealing on July 1, 2024 (Monday), which shall be… Read More
Faysal Bank’s Parent Company to Receive $225 Million For Joint Venture Sale
Ithmaar Holding, the parent company of Faysal Bank Limited (PSX: FABL), will receive $225 million for the sale of a… Read More
CCP Grants Exemption to Microfinance Bank On Non-Compete Clauses Until December 2025
The Competition Commission of Pakistan (CCP) has granted exemption over specific clauses of the Sale Share Agreement (SSA) signed between… Read More
SBP to Commemorate UN Day For Micro, Small and Medium Enterprises Tomorrow
On the occasion of the United Nations day on Micro, Small, and Medium-sized Enterprises (the UN MSMEs Day), the State… Read More
Pakistan Fintech Association Urges Strong Governance, Greater Distribution Partnerships for Raast
The Pakistan Fintech Association (PFA) is calling on all fintech companies, both regulated and non-regulated, to place a heightened emphasis… Read More
