Meezan Bank has claimed to become the first bank in Pakistan to disburse the first two Shariah-compliant housing finance facilities… Read More
SBP’s Foreign Exchange Reserves Drop by Over $1 Billion in One Month
The foreign exchange reserves held by the central bank declined 2.9 percent on a weekly basis, according to data released… Read More
HBL’s 9-Month Profits Surge by 187% YoY to Rs. 25.3 Billion
HBL has declared a consolidated profit after tax of Rs. 25.3 billion for the nine months ended on September 30,020… Read More
Govt’s Roshan Digital Accounts Prove to be A Huge Success
Prime Minister Imran Khan has expressed satisfaction over the usage of Roshan Digital Accounts by Overseas Pakistanis. Taking to Twitter,… Read More
Here’s How You Can Avail Govt’s Low-Cost Housing Finance Scheme From Banks
The government along with the State Bank of Pakistan (SBP) and commercial banks is working to introduce a low-cost housing… Read More
SBP Announces Govt’s Low-Cost Housing Finance Scheme
The State Bank of Pakistan (SBP) has announced the much-awaited housing finance scheme that deemed to have designed in a… Read More
Islamic Naya Pakistan Certificates to Attract Investments from Overseas Pakistanis
The government has introduced Shariah-compliant regulations to enable resident and non-resident Pakistanis to invest in foreign currencies through Islamic Naya… Read More
SBP’s Total Liquid Reserves Fall by $183 Million in One Week
The State Bank of Pakistan released their Liquid Foreign Exchange reserves report on Thursday, October 8, 2020, showing a decline… Read More
National Bank Responds to News About ATM System Hacking
The National Bank of Pakistan (NBP) has rebuffed the news that its system has been under cyber-attack. The clarification came hours… Read More
SBP Allows Banks to Outsource Their Cash Processing Functions
State Bank of Pakistan (SBP) decided to provide flexibility to banks allowing them to outsource the function of the currency… Read More
Executive Committee Directs SBP to Open Bank Branches at Pak-Afghan Border
State Bank of Pakistan (SBP) has been directed by Speaker National Assembly Asad Qaiser, on Wednesday, to ensure the establishment… Read More
SBP to Penalize Banks Failing to Meet Housing Finance Targets
State Bank of Pakistan (SBP) has introduced a mechanism to penalize the banks for any shortfall in meeting the target… Read More
