United Bank Limited (UBL) recorded a year on year growth of 19% in Profits After Tax (PAT) for the half-year… Read More
Rehan Shaikh Appointed as CEO of Standard Chartered Bank in Pakistan
Standard Chartered Bank (Pakistan) Limited has confirmed that Rehan Shaikh has joined the bank in Pakistan as the new Chief… Read More
Shahram Raza Appointed As CEO Silk Bank
Shahram Raza Bakhtiari has been appointed as the CEO and President of Silk Bank. He has been promoted from the… Read More
World Bank Appoints Najy Benhassine as Pakistan’s Country Director
Najy Benhassine has been appointed as the World Bank’s new Country Director for Pakistan, effective August 1. He succeeds Mr.… Read More
Islamic Windows of Banks Can Now Be Converted into an Islamic Banking Branch
State Bank of Pakistan has issued instructions for the banking industry allowing them to convert an Islamic banking window into… Read More
Banks Approve Rs 125.9 Billion Financing Under SBP’s Rozgar Scheme
State Bank of Pakistan (SBP) has issued a detailed progress report on banks’ performance on Rozgar Refinance Scheme with Risk… Read More
Enjoy Safe And Hassle-Free Transactions With UBL Digital Banking
Being amidst the pandemic’s peak, none of us feels safe stepping outside the safety of our homes for basic chores.… Read More
SBP Will Not Announce a New Policy Rate This Month
The State Bank of Pakistan (SBP) has announced that it will neither announce a policy rate nor does it consider… Read More
Soomro Asks Local Banks to Participate in Debt Arrangement for Privatization
In order to successfully complete the subject transaction for the privatization process in the country, the Federal Minister Mohammad Mian… Read More
Customer Complaints Against Banks Surge By 100% in 4 Years: SBP
Customers’ complaints against bank services have risen to over 100 percent in the past four years, said a review of… Read More
Branchless Banking Grew in Volume During Q1 2020: SBP
The use of branchless banking services has increased with impressive growth in transaction values by 12 percent and the number… Read More
US Think Tank To Provide Consultancy to National Bank
US-based Winrock International Institute for Agricultural Development (Winrock) will aid the National Bank of Pakistan (NBP) to look at ways… Read More
SBP Disbursed Rs. 123 Billion to 1,900 Small & Medium Companies During Lockdown
The State Bank of Pakistan (SBP) has disbursed Rs. 123 billion among 1,900 small and medium enterprises (SMEs) to incentivize… Read More
HBL Wins ‘Asia’s Best Bank Transformation 2020’ Award By Euromoney
Euromoney awards HBL the dual accolades of Asia’s Best Bank Transformation 2020 and Pakistan’s Best Bank 2020 for another year running. Key elements that helped… Read More
SBP Sets Building Loan Targets for Banks To Promote Housing Finance
In order to promote housing and construction activities in the country, as envisaged by the Government of Pakistan (GoP), State… Read More
