The State Bank of Pakistan (SBP) has asked commercial banks and financial institutions to introduce measures for reducing the utility… Read More
Faysal Bank Introduces Hotel Booking Services in Partnership With Ascendant
Faysal Bank Limited, in partnership with Pakistan’s largest hospitality technology company, Ascendant, has launched a hotel booking platform for its… Read More
Mera Pakistan Mera Ghar Disbursements Cross Rs. 85 Billion
Commercial banks in Pakistan have approved Rs. 212.28 billion and disbursed Rs. 85.3 billion to customers across the country so… Read More
PIBTL Completes Repayment of Outstanding Loans Worth Rs. 5.49 Billion
Pakistan International Bulk Terminal (PIBTL) has released its financial burden of huge loans to the tune of Rs. 5.490 billion.… Read More
Banks Can Play a Pivotal Role in Poverty Alleviation: Economists
Banks may play a pivotal role in poverty alleviation by maintaining the growing trends of digital banking and access to… Read More
SBP Extends Financing Scheme for Renewable Energy by 2 Years
State Bank of Pakistan (SBP) has extended the financing scheme for renewable energy through conventional and Islamic financing facility for… Read More
Samba Bank Appoints Ahmad Tariq Azam as Acting President
The board of directors of Samba Bank has appointed Ahmad Tariq Azam as Acting President & CEO of Samba Bank… Read More
Court Summons Habib Metropolitan Bank Officials for Dodging FBR
The Special Judge Customs, Taxation, and Anti-smuggling Rawalpindi/Islamabad has issued summons to Habib Metropolitan Bank officials for dodging the tax… Read More
Treasury Single Account Implementation to Affect Profitability of NBP and Askari Bank: Report
The Treasury Single Account (TSA) implementation will likely affect the profitability of the National Bank of Pakistan (NBP) and Askari… Read More
SECP Allows Mutual Funds to Invest in ‘A’ or Above-Rated Banks
In a major move to provide ease of doing business and expand investment avenues for mutual funds, the Securities and… Read More
Habib Metropolitan Bank Officials Sued Over Alleged Embezzlement [Updated]
Update: The FBR has withdrawn the complaint against the said account however the case is still in court. A notification,… Read More
The Bank of Punjab Takes Measures for Staff During Rising Inflation
Inflation is a global phenomenon that has impacted many countries worldwide resulting in high fuel prices. Pakistan is also witnessing… Read More
