The Pakistani rupee (PKR) ended the last week of August with gains against the US Dollar today after opening trade… Read More
Pakistan to Pay Off Rs. 60 Trillion of its Total Debt By 2032
Pakistan is scheduled to pay nearly Rs. 60 trillion in debt servicing for the period 2024-2032 of which Rs. 18.3… Read More
Telenor Microfinance Bank Posts Record Profit in H1 2024
The Board of Directors of Telenor Microfinance Bank (TMB) in its meeting held on August 22, 2024, approved the Bank’s… Read More
Listed Banks Post Rs. 137 Billion Profit in Q2 2024
Pakistan’s listed banks’ profitability clocked in at Rs. 137 billion, up 4 percent YoY in 2Q2024. Excluding National Bank (NBP),… Read More
Salaried Class Make Highest Tax Contribution, Retailers and Landowners Fall Short
Only 270,000 (8.7 percent) of 3.1 million retailers across Pakistan filed tax returns during the previous tax year, paying just… Read More
Faysal Bank Posts 76.3% Profit Growth in H1 2024
Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, continued with its growth stride and has announced… Read More
Standard Chartered Pakistan Posts Record Profit in H1 2024
Standard Chartered Bank (Pakistan) Limited, announced its H1 2024 Results today. The Bank’s Profit before tax grew 29 percent to… Read More
BankIslami Posts 32.1 % Profit Growth in H1 2024
BankIslami continues its growth trajectory, delivering substantial returns to its shareholders with a remarkable 66.2 percent increase in profit before… Read More
Rupee Gains More Ground 3rd Day in a Row Against US Dollar
The Pakistani rupee (PKR) rose third day in a row against the US Dollar today after opening trade at 278… Read More
PSO Continues to Dominate Energy Market, Reports Rs. 15.9 Billion Profit in FY24
Pakistan State Oil (PSO), the nation’s largest energy company, showcased impressive financial performance and strategic prowess in a challenging market.… Read More
Hub Power Company Posts Rs. 75 Billion Profit for FY24
The Hub Power Company Limited (HUBC) announced its FY24 financial result today where the company posted consolidated earnings of Rs.… Read More
Rupee Up 2nd Day in a Row Against US Dollar, Crashes Against GBP, AUD, Euro
The Pakistani rupee (PKR) rose second day in a row against the US Dollar today after opening trade at 278… Read More
