State Bank of Pakistan (SBP) is launching an Innovation Challenge Facility (ICF). This facility aims to find and support innovative… Read More
Nauman Ansari Appointed as CEO of Bank Alfalah
In a general meeting held on 27th May Sunday at Karachi, Bank Alfalah has appointed Mr. Nauman Ansari as Chief… Read More
You Can Now Get Exclusive Lease Deals on Honda Cars with JS Bank
JS Bank enters into a strategic alliance with Honda Atlas Cars Pakistan Ltd to offer auto financing with fast-track processing… Read More
SBP Raises Policy Rate By 50 bps to 6.50%
The central bank has hiked the policy rate by 50 basis points to 6.50 percent for the next two months,… Read More
Pakistan & China Extend Currency Swap Agreement
The currency swap arrangement between State Bank of Pakistan (SBP) and People’s Bank of China (PBOC) has been extended for… Read More
Noor Financial Confirms It’s Selling Some Of Its Meezan Bank Shares to Foreign Investors
Noor Financial Investment Company has reached a deal to sell off its 26.447 million ordinary shares of Meezan Bank at a… Read More
Half of the World’s Unbanked Population Belongs to Pakistan and 6 Other Countries
Pakistan is among the list of seven countries that, in economic terms, constitutes half of the unbanked population around the… Read More
Meezan Bank to Raise Rs 7 Billion via Sukkuk Bonds
Meezan Bank Limited has planned to raise up to Rs7 billion by issuing Tier 1 Islamic bond or Sukkuk in… Read More
US and European Investors in Talks to Buy Stakes in Meezan Bank: Report
Six foreign investors are interested in buying a combined 9.59% stake in Pakistan’s largest Islamic Bank.… Read More
Exchanges Mandated to Keep CNIC Details for Sale and Purchases Over $500
By Abdul Rahman & Jehangir Nasir In anti-money laundering efforts, State Bank of Pakistan (SBP), on Tuesday, made it mandatory… Read More
Pakistani Banker Becomes CEO of Standard Chartered Saadiq Malaysia
A Pakistani banker, Ali Allawala, has been appointed as the CEO of Standard Chartered Bank Saadiq in Malaysia with immediate… Read More
ICAP and First Women Bank Partner to Offer Home-Based Jobs to Female CA Members
The Institute of Chartered Accountants of Pakistan (ICAP) has signed a memorandum of understanding (MoU) with the First Women Bank… Read More
