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
SBP to Start Booking for New Currency Notes Next Week
The State Bank of Pakistan has announced that it will start bookings for new currency notes from May 20th. The… Read More
PSA: Go to Your Bank for Biometric Verification of Your Accounts Before June 30
For the past few months, people have been receiving text reminders from their banks to visit the branch for biometric… Read More
Here’s How To Get New Currency Notes for Eid-ul-Fitr 2019 [ List Updated]
The State Bank of Pakistan (SBP) has announced that the fresh currency notes for Eid-ul-Fitr 2019 will be available between… Read More
Banks Increase Installment Rates for Car Financing
Cars are becoming unaffordable for a big section of Pakistanis these days, even through bank financing which is now beyond… Read More
Askari Bank Posts a Profit Growth of 32% in Q1 2019
Askari Bank recorded a profitable Q1 2019 with a growth of 32 percent year-on-year. According to the financial results, the… Read More
State Bank of Pakistan Announces Zakat Deductions for 2019
The State Bank of Pakistan will charge 2.5 percent Zakat on the first day of Ramadan on any account maintaining… Read More
Avanza Premier Payment Services Partners With Askari Bank to Enable Digital Payment Via Payfast
Askari Bank and Avanza Premier Payment Services (APPS) have signed an agreement under which Askari Bank’s customers can make e-commerce… Read More
Meezan Bank to Issue a Sukuk of Rs. 6 Billion
Meezan Bank will issue another Sukuk of Rs. 6 billion to the general public through a public offering to eligible… Read More
Govt’s Move to Create a Single Treasury Account Will be Credit Negative for Banks: Moody’s
Moody’s Investors Service says that the introduction of treasury single account would be credit negative for Pakistani banks’ funding and… Read More
