The federal cabinet is likely to give approval to the appointment of new directors in the National Bank of Pakistan… Read More
Bank Alfalah Launches The First-Ever Digital Banking Portal in Pakistan
State Bank of Pakistan has taken a radical initiative that encourages banks to launch their own digital onboarding platforms to… Read More
Resident Pakistanis Can Now Open Bank Accounts Remotely
Following the success of the Roshan Digital Account framework, the State Bank of Pakistan (SBP) has now devised a ‘Customers’… Read More
Senate Panel Passes Amendment Bills on Commercial Agriculture, Banking Services and Financial Entities
The Senate Standing Committee on Finance has passed amendments to three significant bills that pertain to banking services, commercial and… Read More
Bank Al-Habib to Shut Down its Branch in Seychelles
Bank Al-Habib has decided to reduce its foreign footprint, as it is all set to close its wholesale branch operations… Read More
NSS Net Savings Turn Negative for the First Time in 16 Years
Outflows from the National Savings Schemes have exceeded inflows for the first time in 16 years. The net savings under… Read More
Govt Offers Tax Exemptions on Foreign Remittances
The government legally declared that the income tax exemption would be available to the foreign remittances coming through foreign currency… Read More
Finance Minister Delighted With Pakistan’s Islamic Banking Industry
Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, delivered a keynote address (through a video link) during the Round… Read More
Pakistan’s Bank Profits Stay Stable Despite Drop in Net Interest Income
Pakistan’s banks managed to keep profits stable in the second quarter of 2021 despite the net interest income plummeting by… Read More
NBP Limiting Its Operations in Kabul
National Bank of Pakistan is limiting its operations in Kabul to banking services of the branch, according to the financial… Read More
SBP to Launch Roshan Apna Ghar Scheme For Overseas Pakistanis
After the overwhelming success of Roshan Digital Accounts and varoius relevant features to facilitate expatriate Pakistanis, the State Bank of… Read More
Senator Mahmood Objects to Banks for Charging Fee for Online Transactions
The meeting of the Senate Standing Committee on Finance was held at the Parliament House under the chairmanship of the… Read More
Banks to Provide Interest Free Loans Worth Rs. 82 Million to Deserving Students
Banks have approved an amount of Rs. 82.6 million as interest-free loans to deserving students for their studies within Pakistan.… Read More
Meezan Bank Profit Surges Over Rs. 12 billion In H1 2021
Meezan Bank’s profit after tax increased to Rs. 12.6 billion compared to Rs. 11.7 billion in the corresponding period last… Read More
HBL Launches Industry’s First Fully ERP-Integrated QR Payment Solution
HBL becomes the first bank in Pakistan to launch the Dynamic QR code transaction process. In partnership with Visa and… Read More
