The Board of Directors of Bank AL Habib Limited have announced the financial results for the nine months period that… Read More
SBP Issues Deadline for Banks To Implement International Financial Reporting Standards
State Bank of Pakistan has issued a deadline of 1st January 2021 to commercial and microfinance banks to implement the… Read More
Buy Now, Pay Later: Bank Alfalah Introduces Alfa Easy Installments
Bank Alfalah’s lifestyle banking app, Alfa, has an entire AlfaMall for online shopping offering the best variety of latest products… Read More
Banks Should Hire Disabled Persons for Various Jobs: SBP
State Bank of Pakistan (SBP) has asked commercial and microfinance banks to follow the government’s directives for providing jobs to… Read More
Economic Activity to Remain Slow in 2nd Half of FY20: SBP
While macro stabilization measures have started showing favorable results, particularly on the external front, the economic activity is expected to… Read More
Bank of Punjab Reports 12% Growth in Profits During Q1-Q3 2019
Bank of Punjab (BoP) has reported double-digit profit growth of 12 percent for the first three-quarters of 2019 compared with… Read More
Bank Alfalah’s Profit Grows to Rs. 9 billion in Q3 2019
Bank Alfalah maintained its growth in profitability, which increased 7 percent year-on-year to stand at Rs. 9.2 billion by the… Read More
MCB Remains Pakistan’s Most Profitable Private Bank in Q3 2019
MCB Bank’s profit increased by 14% year-on-year to Rs. 16.29 billion in the third quarter of 2019, according to the… Read More
UBL Makes a Record 50% Growth in Profits During Q1-Q3 2019
United Bank Limited (UBL) has sustained its profitability, benefiting from the high-interest regime, showing a yearly growth of 50 percent… Read More
MCB Bank To Sell off Its Subsidiary for Rs. 89 Million
According to MCB’s stock filing, the private sector bank has signed a sale purchase agreement with ISE Towers RIET Management… Read More
Bank Alfalah to Facilitate BISP Fund Disbursements Throughout Pakistan
On the 10th of October 2019, Bank Alfalah and Benazir Income Support Program (BISP) joined hands in a formal contract… Read More
HBL’s Profit Before Tax Doubles in Q3 2019
HBL declared profit before tax of Rs. 8.4 billion in the third quarter of 2019, more than double over the… Read More
