The State Bank of Pakistan (SBP) has received 20 applications for digital bank licenses following its announcement of 31 March… Read More
Islamic Banking Assets Witness Record Growth in CY21
The assets of Islamic banking have crossed the mark of Rs. 5 trillion by the end of 2021. In 2021… Read More
Pakistani Startups Can Now Avail Bank Financing
The State Bank of Pakistan has taken an initiative for allowing commercial banks to extend financing to various sized startups.… Read More
Banks to Remain Closed to Public on 4 April: SBP
The State Bank of Pakistan (SBP) and other banks will remain closed for public dealing on Monday, 4 April, which… Read More
Digital Banking Licenses Attract Interest from Over 40 Foreign and Local Companies
The initiative of the State Bank of Pakistan (SBP) to introduce Digital Banks in the country has attracted overwhelming interest… Read More
Banks Give Conditional Approvals of Rs. 7.4 billion in Faisalabad Mela
In an overwhelming response to the first-ever Mera Pakistan Mera Ghar (MPMG) Mela organized by State Bank in Faisalabad, banks… Read More
What is State Bank’s Raast and is It Working as it Was Supposed to?
In the tech space of Pakistan, the State Bank of Pakistan (SBP) has been lauded for the last few years… Read More
SBP Relaxes Limits on Raast Payment System’s P2P Transactions
The State Bank of Pakistan has removed the minimum limit of P2P transactions through the Raast Payment System with effect… Read More
Here Are Pakistan’s Most Profitable Banks of 2021
Pakistan’s banking industry remained robust in 2021 amid competition among peer banks mainly in profitability, assets, and penetration. Banks with… Read More
Schemes Operators to Develop QR Codes System for Pakistan
Payment operators will play a major role to provide a platform to merchants and consumers using QR code payment systems… Read More
Escorts Investment Bank Receives Another Offer for Majority Stake
Escorts Investment Bank has received yet another offer from a group of investors to acquire 51 percent shares of the… Read More
System Malfunction Disrupts NBP Operations Across Pakistan Again
The National Bank of Pakistan (NBP) head office was hit by a system malfunction early Thursday, affecting the bank operations… Read More
