All About Banking & Finance in Pakistan

These Were Pakistan’s Top Most Profitable Banks in 2022

Banks in Pakistan maintained handsome profitability growth mainly because of periodic increases in the policy rate by the State Bank… Read More

The documented currency in circulation (CiC) has increased to over Rs. 8 trillion in Pakistan, representing the growth in the… Read More

Sindh High Court has stopped JS Group from acquiring majority shares of BankIslami till the next hearing. The AKD Investment… Read More

The minimum deposit rate (MDR) or profit rate offered to customers by different commercial banks surged to an all-time high… Read More

JS Bank has decided to acquire shares in BankIslami through a shares swap agreement with JS Global Limited and JS… Read More

Moody’s Investors Service (Moody’s) has downgraded to Caa3 from Caa1 the long-term deposit ratings of five Pakistani banks: Allied Bank… Read More

BankIslami Pakistan Limited (PSX: BIPL) announced its financial results for the year ended December 31, 2022, declaring a profit after… Read More

The Bank of Azad Jammu and Kashmir has launched the ‘Excellence Customer Service Campaign’ to improve banking services to cater… Read More

The State Bank of Pakistan (SBP) will push up its Monetary Policy Committee meeting to March 2nd, 2023, and raise… Read More

After a gap of just 4 days, the State Bank of Pakistan (SBP) again conducted an Open Market Operation (OMO)… Read More

The State Bank of Pakistan (SBP) has established a new division called Avant-Garde Digit to use artificial intelligence to innovate… Read More

Banks’ investment-to-deposit ratio (IDR) surged by 12.5 percentage points to a new high of 85 percent in January 2023 as… Read More