The Apex Committee for Student Loan Scheme having representation from State Bank of Pakistan, Finance Division (Government of Pakistan) and… Read More
Banks Agree to Provide Customers’ Withholding Data to FBR to Catch Non-Filers
The Federal Board of revenue has asked banks to provide withholding tax data of the customers. According to a report… Read More
NayaPay Becomes 1LINK’s PayPak Affiliate Member with Meezan Bank as the Settlement Bank
NayaPay (Pvt.) Limited (NayaPay) has joined 1LINK (Pvt.) Limited’s (1LINK) PayPak scheme as an Affiliate Member, with Meezan Bank Limited… Read More
Nearly 3 Million People Book New Currency Notes For Eid
As many as three million people have booked fresh currency notes using the SMS services of State Bank of Pakistan… Read More
UBL Digital App Now Lets You Open Your Account Without Visiting a Branch
While Pakistan has historically been a cash-based economy, going forward, it is expected that there will be an accelerated shift… Read More
National Savings Collects Rs. 365 Billion in May 2019
The Central Directorate of National Savings (CDNS) has achieved a net target of Rs. 365 billion by May 16, up… Read More
NBP Profits Down by 14.5% in Q1 2019
Like other banks, National Bank of Pakistan (NBP) has also suffered a loss of 14.5% in profitability in the first… Read More
Allied Bank Limited Partners With Avanza Premier Payment Services to Enable Payfast Payments
Allied Bank Limited (ABL) and Avanza Premier Payment Services (APPS) have collaborated to revamp online transactions through Payfast; APPS’ payment… Read More
MJSF Sponsors Pakistan Pavilion at Venice Biennale 2019
Recently, Pakistan sent its first ever entry to the Venice Biennale, which is a contemporary visual art exhibition held to connect… Read More
SBP Makes Steep Hike of 150 Bps in Policy Rates to 12.25%
State Bank of Pakistan (SBP) has dropped a bomb of 1.5 % hike of the policy rate on the economy,… Read More
SBP Relaunches 8877 SMS Service For Issuance of Fresh Currency Notes
State Bank of Pakistan, through its subsidiary SBP Banking Services Corporation (SBP BSC), has relaunched the SMS service for issuance… Read More
Pakistan Wins Global Laurels for Financial Inclusion
Pakistan Poverty Alleviation Fund (PPAF) has won the prestigious CIS Islamic Banking and Finance award for being the best contributor… Read More
