The government has set Nisab of Zakat at Rs. 39,198/- (Thirty Nine thousand, One hundred and Ninety Eight Rupees) for the… Read More
Bank Alfalah to Sell Off Its Afghanistan Operations to Azizi Bank
Bank Alfalah Limited (BAFL) has decided to sell off its businesses and operations in Afghanistan to the locally administered Azizi Bank… Read More
SECP & 1Link Sign Agreement to Facilitate Ease of Doing Business
As part of its business reforms agenda, SECP and 1Link (Guarantee) Limited on Thursday signed an agreement to develop a facility… Read More
Super Tax on Banks to Be Reconsidered for FY 2019: Miftah Ismail
Finance Minister Miftah Ismail on Wednesday assured the banking sector of revisiting super tax and other measures proposed in the… Read More
Bank Alfalah and Engro Fertilizers Partner to Launch Financing Program for Farmers
Bank Alfalah and Engro Fertilizers have signed an agreement as part of the Agri Value Chain Financing Program for the… Read More
SBP Unveils Rs. 50 Commemorative Coin of Dr. Ruth Pfau
Governor State Bank of Pakistan (SBP), Mr. Tariq Bajwa and the German ambassador to Pakistan Mr. Martin Kobler unveiled Rs.… Read More
TPS to Modernize 1Link’s Bill Payment Service
In an important move for mass scale adoption of digital bill payments in Pakistan, TPS and 1LINK have entered into… Read More
Arif Habib Corp. Invests Rs. 67 Million in Orix Leasing
Arif Habib Corporation, one of the renowned business conglomerates in Pakistan, has invested an amount of Rs. 67.53 million in… Read More
Escort Investment Bank To Enhance Its Financial Strength
The board of directors at Escort Investment Bank, a project by Bahria Town, has decided to enhance the authorized share… Read More
Pakistan Borrows $1.2 Billion From Chinese Banks to Boost Forex Reserves
Pakistan’s foreign exchange reserves have increased by $593 million; now standing at $17.71 billion by April 28, 2018. According to… Read More
Moody’s Says Special Tax on Bank Income in Pakistan is Too High
The credit rating agency, Moody’s, has reported that Pakistani authorities released their fiscal year 2019 (which ends June 2019) federal budget,… Read More
JS Bank: Towards a More Digital and Inclusive Pakistan
JS Bank, a subsidiary of one of the biggest business groups in Pakistan – the JS Group – has become… Read More
