The book-building process of Sukuk II of Power Holding Limited (PHL), a public sector entity fully owned by the Ministry… Read More
Here’s How Consumer Behaviors Changed In Pakistan During Covid-19
In a webinar organized on the subject of consumer behavior during COVID-19, the representatives of an app-based finance and budget… Read More
SBP Slashes Interest Rates for the Fourth time in Two Months
The Monetary Policy Committee (MPC) has reduced the policy rate by 100 basis points to 8 percent. This decision reflected… Read More
SBP’s Scheme Protected Jobs of 0.5 Million Private Sector Employees
As many as 0.5 million employees have been saved from layoffs and non-payment of salaries in the private sector through… Read More
IMF to Provide Immediate Debt Relief to 25 Countries
International Monetary Fund’s (IMF) Executive Board has approved immediate debt service relief under Catastrophe Containment and Relief Trust for 25… Read More
Banks’ Deposits, Investments, Advances Touch All-Time High Level
After closing a profitable year in 2019, the banking industry continued to achieve major milestones in the outgoing month with… Read More
SBP Launches Refinance Scheme For Businesses To Avoid Workers’ Layoff
The State Bank of Pakistan (SBP) has introduced a temporary refinance scheme for businesses entitled Refinance Scheme for Payment of… Read More
How Are Different Industries Across the World Affected by COVID-19?
What seemed like just another disease has turned into a global pandemic and the world is reeling. An interim economic… Read More
Asiamoney Awards 2020 – JS Bank Bags Prestigious ‘SME’ and ‘CSR’ Awards
Whilst not one of Pakistan’s largest banks, JS Bank is one of the country’s fastest-growing financial institutions for sure. The… Read More
How To Get Loan Relief On Credit Cards, Housing & Auto Finance, Personal Loan
Due to the prevailing situation with COVID-19 spreading globally, business activities have slowed down considerably. It is expected that a… Read More
SBP Announces 1-Year Deferred Payment Relief Under Refinance Schemes
State Bank of Pakistan has announced a one-year relaxation of loan payments for various refinancing schemes availed by corporate, consumer,… Read More
SBP Launches a Game Teaching People The Importance of Financial Literacy
National Financial Literacy Program for Youth (NFLP-Y) has announced Pakistan’s first online financial literacy course which is delivered through an… Read More
