Federal Board of Revenue (FBR) has generated handsome revenues from banks and banks customers on the account of withholding taxes… Read More
SBP Asks Banks To Utilize Disinfecting Machines for Currency Notes
State Bank of Pakistan (SBP) has directed banks to use the option of disinfecting currency notes through machines certified by… Read More
Silk Bank Records a 16X Jump in Net Profits During H1 2020
Silk Bank Limited has made a surprise recovery from massive losses to handsome profitability, which stood at Rs. 1.88 billion… Read More
US Federal Reserve Board Terminates Enforcement Actions with HBL
Analysts expect HBL’s net profit to grow by 77% in 2020 after the payment of fines and costs related to… Read More
HBL To Inject Rs. 500 Million in its Subsidiary
Habib Bank Limited (HBL) will inject an amount of Rs. 500 million in its subsidiary, HBL Asset Management Company to… Read More
BankIslami Opens a New Branch in Quetta
BankIslami has inaugurated a new branch in Quetta Cantt. Lt. Gen Muhammad Waseem Ashraf, HI(M) Commander Southern Command graced the… Read More
6 Pakistani Banks Named in Global Report on Money Laundering
ABL, UBL, HabibMetro, Bank Alfalah, SCB, and HBL carried out 29 suspicious transactions worth of USD 2 million. International Consortium… Read More
UBL Roshan Digital Account – Enter the New Era of Banking in Pakistan
Last week, Prime Minister Imran Khan inaugurated Roshan Digital Account – a major breakthrough in the banking history of Pakistan.… Read More
SBP Working To Provide Investment Opportunities to Overseas Pakistanis
State Bank of Pakistan (SBP) is actively working along with the government for the facilitation of overseas Pakistanis by increasing… Read More
AI-Based Solutions Can Protect Pakistani Banking Consumers from Cyberattacks: Exec. Director SBP [Update]
Executive Director of State Bank of Pakistan’s (SBP) Banking Services Group, Dr. Inayat Hussain, has suggested that Pakistan’s banking industry… Read More
BankIslami Wins Brand of the Year Award 2019 After Posting an 85% Surge in Profits
BankIslami Pakistan Limited has bagged the Brand of the Year 2019 in the Islamic Banking category. The Brand of the… Read More
Islamic Banking’s Investment Has Reached Rs. 900 Billion: SBP
The investment of the Islamic Banking Industry (IBI) has surged to an all-time high of nearly Rs 0.9 trillion by… Read More
