HBL Islamic Banking and Dolmen Group had entered into a strategic partnership last month, as per which, they are to… Read More
Local Investment Bank Attracts Offer from Dubai-Based Investor
Invest Capital Investment Bank, a local investment bank, has received an offer from a Dubai-based company to acquire its major… Read More
Internet Banking Transactions Increased by a Massive 21% Amid COVID-19
The COVID-19 pandemic has pushed the customers of banks to use the internet and mobile banking which recorded immense growth… Read More
SBP Issues Revised Rules for Sukuk Against Jinnah International Airport
The State Bank of Pakistan (SBP) has amended the transaction structure to raise funds against Jinnah International Airport (JIAP) under… Read More
SBP Directs Banks to Facilitate Customers with Disabilities
State Bank of Pakistan (SBP) has directed local banks to facilitate disabled citizens with special arrangements to provide them access… Read More
Parliamentary Committee Passes Banking Services Amendment Bill 2020
The National Assembly Standing Committee on Finance and Revenue passed the Banking Services Amendment Bill 2020. The meeting of the… Read More
Islamic Banking Has Potential for Financial Inclusion in Pakistan: Sima Kamil
The Islamic banking industry has significant potential for financial inclusion in the country, said Deputy Governor State Bank of Pakistan… Read More
BOP, FrieslandCampina Engro Join Hands for Dairy Financing Project to Support Farmers
To address the challenges faced by the Dairy Sector in Pakistan, Bank of Punjab (BOP) and FrieslandCampina Engro Pakistan Limited… Read More
Bank Alfalah Becomes the First Market Maker for Debt Securities in Pakistan
Pakistan Stock Exchange (PSX) and Bank Alfalah signed an agreement at a ceremony held at PSX Trading Hall, making Bank… Read More
BankIslami Posts 81% Growth in Profit After Tax in 2020
BankIslami posted a profit after tax of Rs. 1.76 billion during the nine-month period ending September 2020, depicting 81 percent… Read More
SBP Posts its Highest Ever Profit in History
State Bank of Pakistan (SBP) has made the highest-ever profit in its history in the outgoing financial year 2019-20, of… Read More
SBP Slams Penalties of Over Rs. 271 Million on 4 Major Banks
State Bank of Pakistan (SBP) continued to take strict measures against the commercial banks for their infringement of regulatory compliance… Read More
