MCB Bank has recorded a profit of Rs. 21.36 billion in 2018, which is the highest profit so far among… Read More
UBL’s Profit Drops By Over Rs. 10 Billion in 2018
2018 was a tough year for United Bank Limited (UBL) after the bank’s profits sank by Rs. 10.9 billion due… Read More
SME Financing via Banks Crosses Rs. 500 Billion for The First Time
Small and Medium Enterprise financing by commercial banks in Pakistan has crossed the milestone of Rs 500 billion for the… Read More
JS Bank’s Mobile App Makes Banking More Fun
In today’s world, we have an app for everything. Unfortunately, there’s been little to no focus on the quality of… Read More
HBL Makes History by Digitally Disbursing Loans of PKR 1 Billion
HBL, one of Pakistan’s largest banks, has made history by disbursing personal loans of over PKR 1 billion through its… Read More
Avanza Premier Payment Services & Bookme.pk Improve e-Ticket Purchases Via Payfast
Avanza Premier Payment Services and Bookme.pk have collaborated to enable e-ticket payments through Payfast; APPS’ secure end to end payment… Read More
State Bank to Discontinue Rs. 40,000 Bonds
The federal government has decided to discontinue Rs. 40,000 denomination national prize bonds, with effect from Friday. This will fill… Read More
Allied Bank Reports Another Profitable Year With Rs. 13 Billion in 2018
Allied Bank of Pakistan (ABL) has restricted the negative growth spree in its profitability as it has succeeded in maintaining… Read More
Moody’s Changes Outlook for Pakistan’s Banking System from Stable to Negative
Moody’s Investors Service has changed its outlook for the banking system in Pakistan to negative from stable. The negative outlook… Read More
Govt Hasn’t Stopped PayPal from Entering Pakistan: Asad Umar
The Finance Minister of Pakistan, Asad Umar, has confirmed that the government has not stopped PayPal from entering into the… Read More
JS Bank Hosts Session with Prof. Vali Nasr, Dean Johns Hopkins University
Building Pakistan’s international relations and presence, JS Bank hosted Prof. Vali Nasr, Dean School of Advanced International Studies (SAIS) Johns… Read More
Banks Fail To Introduce Chip-based Debit & Credit Cards To Their Customers
A majority of the banks in Pakistan has failed to introduce chip-based payment cards to their customers that should be… Read More
Dubai Islamic Bank Records 61% Profit Growth in 2018
Dubai Islamic Bank Pakistan Limited has reported an impressive financial performance in 2018 with profit growth of 61 percent. The… Read More
Syed Liaquat Ali Appointed as CFO Group Head Finance at Silk Bank
Syed Liaquat Ali has been appointed as the new Group Head Finance and Chief Financial Officer (CFO) of Silk Bank… Read More
Pakistan Will Miss Its GDP Target But Will Finally Achieve Economic Stability: SBP
State Bank of Pakistan (SBP) has projected that Pakistan’s GDP will grow between 4 and 4.5 percent in the financial… Read More
