In order to counter the rampant fraud calls within the banking industry, the State Bank of Pakistan (SBP) has set up… Read More
IFC Joins Hands with Omni Bridgeway to Create First Non-performing Loan Resolution Platform
IFC, a member of the World Bank Group, is joining forces with Omni Bridgeway, a leading specialist in resolving non-performing… Read More
JS Bank to Raise Rs2.5 Billion Thru Term Finance Certificate for Expansion Purposes
JS Bank will float a TCF (Term Finance Certificates) worth Rs. 2.5 billion mainly to raise funds for meeting the… Read More
Naeemuddin Khan Resigns as Bank of Punjab’s President & CEO
The President of Bank of Punjab (BoP), Naeemuddin Khan, has resigned from his post one month before the expiry of… Read More
FIA Reports Massive Increase in Complaints of Online Theft From Bank Accounts
Questions are being raised continuously over the cybersecurity mechanism put in place by the local banks to ensure the safety… Read More
There’s More to the Debit Card Hack Than Just a Data Breach [Analysis]
“A mess” sums up the last couple of weeks for the banking industry in Pakistan. Over the last two weeks,… Read More
SBP Contradicts Reports and Says Only One Bank Has Been Hacked
State Bank of Pakistan has noted that some news channels have claimed that data from most banks has been hacked.… Read More
Askari Bank & Pakistan Mortgage Refinance Company to Offer Housing Finance Plans
Askari Bank and Pakistan Mortgage Refinance Company (PMRC) signed master refinance agreement. Under this agreement PMRC will provide Askari bank… Read More
How to Ensure Proper Security For Your Credit or Debit Card
The recent revelations made by an official of Federal Investigation Agency (FIA) have raised serious concerns among the public regarding… Read More
FIA Official Says Data of ‘Almost All Pakistani Banks’ Was Hacked
The recent cyber-attack on Bank Islamic has a rippling effect on the baking system of the country with at least… Read More
U Microfinance Bank and Access Group Partner for an Internet Banking Platform
Access Group is proud to partner with U Microfinance Bank Limited, to develop Mobile Banking Application and Internet Banking Platform.… Read More
SBP Spends Over Rs. 9 Billion on Currency Note Printing in FY18
State Bank of Pakistan (SBP) has spent a whopping Rs. 9.362 billion on printing currency notes of different values in… Read More
