Pakistani banks operating in Sri Lanka are likely to face losses due to the ongoing debt crisis of the host… Read More
Auto Financing Surges 27.7% YoY in March 2022
Arif Habib Limited (AHL) recently shared data that shows auto financing rise by Rs. 364 billion in March 2022. This… Read More
Health and Life Insurance On the Cards Under RDA: Baqir
Governor State Bank of Pakistan Reza Baqir hinted at the introduction of health and life insurance for the relatives of… Read More
Bankers Express Anger at PM Shehbaz’s Decision on Number of Working Days
Bankers across the country expressed their resentment over an extended working day and addition in daily working hours from the… Read More
Pakistanis Performed 400 Million Online Transactions During Q2 FY22
The country’s e-banking transactions volume grew by 10.7 percent to 400 million during the second quarter of the fiscal year… Read More
Banks Have So Far Approved Rs. 180 Billon Low-Cost Housing Loans
Banks have approved applications amounting to Rs. 180 billion and disbursed Rs.66 billion against the approved applications under Mera Pakistan… Read More
SBP Announces Revised Ramadan Timings and Working Days for Banks
On the directives of Prime Minister Shehbaz Sharif, the State Bank of Pakistan (SBP) has notified six days working week… Read More
JS Bank Appoints Adil Matcheswala As New Chairman
Adil Matcheswala has been appointed as the new Chairman of JS Bank. He will replace Kalim-ur-Rahman who has served the… Read More
Egypt’s Paymob to Start Operations in Pakistan
Paymob, an Egyptian digital payments service, aims to launch operations in Pakistan this month to capitalize on a sector that… Read More
SBP Refutes Reports of Unusual Outflows From RDAs
The State Bank of Pakistan (SBP) has categorically denied misinformation on social media regarding withdrawals from Roshan Digital Accounts (RDAs)… Read More
SBP Injects Over Rs. 3 Trillion into Banking System
The State Bank of Pakistan (SBP) has injected a whopping amount of Rs. 3.37 trillion into the banking system for… Read More
Bank Loans to Private Sector Surge Over Rs. 1 Trillion
Bank loans to the private sector exceeded the Rs. 1 trillion mark in the current financial year. This is the… Read More
