Ali Jehangir Siddiqui, Chairman JS Bank is likely to assume his office as the Pakistani ambassador to USA in coming… Read More
Digital Financial Services to be a $36 Billion Industry by 2025: SBP
The market potential of Digital Finance Services in Pakistan will cross $36 billion by 2025, providing a 7% boost to… Read More
SBP to Launch Innovation Challenge Facility to Promote Digital Financial Services in Pakistan
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
