After months of speculation, ProPakistani can today exclusively reveal that the proposed merger between Finca Bank and Apna Microfinance Bank… Read More
SBP Splashed A Little Too Much Cash into Open Market During July-March FY23: Economic Survey
The liquidity conditions in Pakistan’s inter-bank money market remained relatively strained during July-March FY23 as compared to the same period… Read More
Housing Finance Slumps in FY23 as Govt Falls Short of Expectations
The financing provided by banks for purchasing and building housing units slumped in the current financial year, as the incumbent… Read More
Soneri Bank’s Rs. 4 Billion Bond to Go Live At PSX Tomorrow
Soneri Bank Limited’s (PSX: SNBL) privately issued Rs. 4 billion bond will go live for trade on the Pakistan Stock… Read More
Pakistan Ranks Much Lower Than India in E-Governance
Pakistan has been ranked 150th out of 193 countries in the UN’s E-Government Development Index (EGDI) 2022, compared to India… Read More
JazzCash Imposes Fee on Cash Deposits
JazzCash, Pakistan’s largest mobile wallet, has announced a change in pricing on cash deposit into M-wallets. A notice on JazzCash… Read More
Silkbank Approves MCB’s Request for Due Diligence Over Potential Acquisition
Silkbank Limited (PSX: SILK) has approved MCB Bank Limited’s (PSX: MCB) request to conduct due diligence, the bank told the… Read More
MCB Bank to Explore Potential Acquisition of Silkbank
MCB Bank Limited (PSX: MCB) is set to conduct due diligence of Silkbank Limited (PSX: SILK), the bank told the… Read More
National Bank Records 100% Growth in App Registration
The National Bank of Pakistan (NBP) has achieved impressive milestones, including a 100% YoY increase in NBP Digital App registrations,… Read More
Faysal Bank and NIFT Collaborate to Revolutionize Paper Cheques With Digital Solution
Faysal Bank Ltd. and National Institutional Facilitation Technologies (Pvt.) Ltd. (NIFT) has agreed on a digital collaboration roadmap starting with… Read More
Askari Bank Attains Payment Card Industry Data Security Standard Certificate
Askari Bank (AKBL) has attained the “Payment Card Industry Data Security Standard (PCI DSS v3.2.1)” compliance and certification, which is… Read More
SBP Slaps Rs. 224 Million Fine on 5 Major Banks
The State Bank of Pakistan (SBP) has imposed penalties of nearly Rs. 224 million on five banks in its routine… Read More
