After the ‘billionaire’ Karachi falooda vendor, another fake account has been unearthed in Karachi which was used for millions of… Read More
Malik Riaz’s Investment Bank Reports Huge Losses
Escorts Investment Bank, owned by Malik Riaz through Bahria Town, reported huge losses of Rs. 154 million in the financial… Read More
SBP Issues Warning to Banks Over Unauthorized Access of Customer Data
State Bank of Pakistan (SBP) has observed that customers’ information is being accessed by unauthorized persons within the banking system.… Read More
SBP to Regulate Fintech, E-Money & EMIs
In order to achieve financial inclusion through different services, State Bank of Pakistan has planned to regulate fintech and companies… Read More
SBP Organises Workshop on Environmental & Sector Risk Management for Microfinancing Sector
State Bank of Pakistan (SBP) organized a two-day workshop on Environmental and Social Risk Management in Microfinance in collaboration with… Read More
Rules Notified For Banks To Recover Money through Sale of Mortgage
In order to recovery money from corrupt absconders, the government has passed an ordinance that allows banks to recovery money… Read More
JS Bank Holds ‘Distinguished Gentleman’s Ride’ For Cancer Awareness
JS Bank, one of Pakistan’s leading and fastest growing financial institutions sponsored the ‘Distinguished Gentleman’s Ride’, (DGR) the world’s leading… Read More
SECP Organizes Awareness Drive Regarding Anti-Money Laundering and Terrorism Financing
In order to sensitize its regulated sectors such as the capital market, insurance, NBFCs, and modaraba about regulatory framework on… Read More
Overseas Pakistanis Can Donate to Dam Fund via Paypal’s Xoom Service: SBP
State Bank of Pakistan has recommended using a money transfer service, Xoom, owned by PayPal, to facilitate overseas Pakistanis in… Read More
HBL & Qatar Airways Bring New Credit Card for Frequent Flyers
HBL, Pakistan’s largest bank, and Qatar Airways have entered into a strategic partnership to launch a credit card tailored to… Read More
FIA Arrests ATM Hacker in Islamabad
Federal Investigation Agency (FIA) arrested a suspect involved in hacking Automated teller machines (ATM) through fake ATM cards. According to… Read More
Amir Ali is the New CEO and President of BankIslami
BankIslami, Pakistan’s second-biggest full-fledged Islamic bank, has handed over its controls to Syed Amir Ali, who is the new CEO… Read More
