After a gap of three months, the State Bank of Pakistan (SBP) again conducts a 63-day Open Market Operation (OMO)… Read More
You Can’t Eat Imported Dairy Milk and Use Paris Fashion Products Now – Economic Postmortem
The government just introduced a ban on luxury imported items, a few of which are now becoming ‘necessities’, like Cadbury… Read More
HBL to Inject Rs. 1.4 Billion in Its Subsidiary
The management of Habib Bank Limited (HBL) has received a green signal from the State Bank of Pakistan for undertaking… Read More
Islamic Banking More Profitable Than Conventional Banking in Pakistan: Report
Conventional banks in the country lag behind Islamic banks on various fronts mainly on the major indicator of profitability. According… Read More
Sohail Malik Joins NBP as Group Head Digital Banking Unit
Sohail Malik, an experienced professional in digital transformation and banking, has been appointed as the Group Head of Digital Banking… Read More
SECP to Launch Takaful Tech for Revolutionizing Islamic Insurance Sector
The Securities and Exchange Commission of Pakistan (SECP) is planning to work with stakeholders for increasing the volume of Takaful… Read More
SBP Makes it Harder to Buy Cars Using Bank Financing
To curtail the import bill in the prevailing economic situation, the State Bank of Pakistan (SBP) has come up with… Read More
NBP to Shut Down its Operations in Paris
National Bank of Pakistan (NBP) has planned to shut its branch operations in the capital of France, Paris. The board… Read More
SBP Jacks Up Mark-Up Rate by 2% on Export Finance Scheme
The State Bank of Pakistan has jacked up the mark-up rate for financing under Export Finance Scheme (EFS) by 200… Read More
Banks Consider Filing Review Petition On Riba Case
A few commercial banks are mulling filing a review petition in the Supreme Court of Pakistan (SC) on the verdict… Read More
Digital Banks Are a Game Changer: IT Expert
The launch of digital banks in Pakistan will pave the way toward a major digital transformation in the banking and… Read More
State Bank to Announce Monetary Policy On Monday
The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Monday, May 23, 2022, in Karachi… Read More
