Standard Chartered Bank Pakistan maintained its profitable trajectory this year with an all-time high profit of Rs. 19.84 billion in… Read More
Banks Are Forcing Customers to Shift to Islamic Banking To Avoid High Interest Payouts
Banks in Pakistan are forcefully converting conventional savings accounts to Islamic accounts in order to avoid paying high interest to… Read More
1LINK Takes Notice of Unauthorized Entities Misusing PayPak Logo
1LINK has published the names of 3 unauthorized entities that are misusing the PayPak logo which is a registered trademark… Read More
Governor SBP Appreciates Bank of Azad Jammu and Kashmir’s Performance
Governor State Bank of Pakistan (SBP) Jameel Ahmed, while appreciating the performance of Bank of Azad Jammu and Kashmir (BAJK)… Read More
Only One in Six Bank Accounts Are Run by Women in Pakistan
In Pakistan, despite a nearly equal male and female population, men dominate access to bank accounts. The majority of financially… Read More
Closure of Banking Channels With Neighboring Countries is Hampering Trade: FBR
The biggest issue hampering the regional trade between Pakistan and neighboring countries is the closure of the legal banking channels… Read More
NIBAF, CFASP to Offer Certification in Treasury Management
National Institute for Banking and Finance Pakistan (NIBAF) and CFA Society Pakistan (CFASP) have signed a Memorandum of Understanding (MOU)… Read More
Apna Microfinance Plans to Merge With Finca Microfinance
Apna Microfinance Bank Limited and FINCA Microfinance Bank Limited have entered into a Memorandum of Understanding in which the two… Read More
Banks to Share Assets and Tax Details of Civil Servants With FBR
The Federal Board of Revenue (FBR) has issued a detailed procedure for sharing of information between the FBR and the… Read More
SBP Allows Systems Ltd Subsidiary to Start EasyPaisa-Like Wallet Services
The State Bank of Pakistan (SBP) has granted permission to EP Systems to commence its pilot operations within its domain… Read More
Irony: Importers Claim SBP is Wasting More Dollars by Holding Ships at Port
The State Bank of Pakistan (SBP) is making importers pay demurrages to the tune of $10,000 while it refuses to… Read More
Govt Appoints Ashraf Mahmood Wathra as NBP Board Chairman
The federal government has appointed Ashraf Mahmood Wathra as the new Chairman of the Board of Directors National Bank of… Read More
