Bank Alfalah and Cheetay Logistics Pvt. Ltd entered into a memorandum of understanding (MoU), to work towards digitizing payments. The… Read More
Ijaz ur Rahman Appointed as Acting CEO and President of Bank of Punjab
The board of directors at Bank of Punjab has appointed Ijaz ur Rahman Quershi as the new acting CEO and… Read More
HabibMetro Bank & Bookme Sign Agreement for E-Ticketing Services
HabibMetro Bank and Bookme Tickets (Private) Limited (Bookme), one of Pakistan’s largest online ticketing platform for Airlines, Bus, Cinema &… Read More
Faysal Bank Converts 75% of its Operations to Islamic Banking
Faysal Bank has been aggressive in its plan to convert its conventional banking system into Sharia-based as it has achieved… Read More
Bank Al-Habib Gets Green Signal To Acquire Habib Asset Management Ltd
Bank Al-Habib has been granted permission from regulatory authorities to acquire 70 percent stakes of its subsidiary, Habib Asset Management… Read More
Pakistani Fintech Entrepreneur Wins Award at FiNext Conference Dubai 2020
Adnan Ali, the CEO of Avanza Premier Payment Services (APPS) won the “Excellence in Finance Leaders” award for his contributions… Read More
Banks Recovered Rs. 86.703 Billion From Non-Performing Loans in 2019
Commercial banks managed to recover a handsome amount of Rs. 86.703 billion in 2019 against Non-Performing Loans (NPLs) from customers… Read More
NBP’s Profits Dropped By a Massive Rs. 4.2 Billion in 2019
National Bank of Pakistan (NBP) recorded a tough year as its profits dropped massively to Rs. 15.8 billion in 2019… Read More
Silkbank Credit Card Users Will Now Get a Big Discount on British Airways Air Tickets
Silkbank Limited, having a substantive market share of Credit Cards, signed an agreement with British Airways. Many renowned government officials,… Read More
BankIslami Makes Over Rs. 1 Billion Profit in 2019
BankIslami profits surged to over Rs. 1 billion in 2019. The bank profits of Rs. 1.103 billion, which is 241%… Read More
Standard Chartered Bank Made a Record Profit of Rs. 16 Billion in 2019
Standard Chartered Bank has made a record all-time high profit of Rs. 16 billion in 2019. The bank witnessed 43… Read More
Pakistan’s Continued Presence on FATF Greylist is Credit Negative for Its Banks: Moody’s
Moody’s has released a report in which it has stressed that Pakistan’s continued presence on list of jurisdictions under increased… Read More
