National Bank of Pakistan (NBP) and Bank of China Pakistan Operations (BOCP) have signed an MoU to promote banking services… Read More
Germany to Also Use Chinese Yuan for its Currency Reserves
China’s Yuan is slowly becoming global as Germany’s central bank has decided to add the currency to its reserves. Apart… Read More
IBI Financing To Businesses Crosses Rs. 1 Trillion Mark in Pakistan
Businesses in Pakistan are gradually being inclined towards Islamic Banking Industry (IBI) and the system to sustain or expand their… Read More
FIA Arrests 4 Chinese Nationals Involved in Hacking ATMs
This Sunday, four Chinese ATM hackers were caught red-handed withdrawing cash from ATM machines using forged cards in two separate… Read More
National Savings App Lets You Check Investment Info, Prize Bond Results & More
National Savings is continuing to move forward on its reform agenda and is entering the Digital Age by launching a… Read More
Growing Saving & Investment Trend Expands Mutual Fund Sector in Pakistan
With gradual rise in trend of investment and savings by the individuals and group of individuals in Pakistan, the growth… Read More
UBank Gets Rs. 1 Billion in Fresh Capital Injection
U Microfinance Bank has acquired an additional Capital Injection of PKR 1 Billion as Tier 1 from its sponsors, a… Read More
SBP Wins Prestigious IFN Award for Promoting Islamic Finance
State Bank of Pakistan has been voted as the Best Central Bank in Promoting Islamic Finance by a poll conducted… Read More
Chinese Men Caught While Trying to Install ATM Skimming Devices [Video]
Police arrests two Chinese men over ATM skimming case in Karachi.… Read More
Pakistan Nominates Dr Ishrat Hussain as Candidate for Chairman IMFC
Former Governor, State Bank of Pakistan, Dr. Ishrat Hussain has been nominated as Pakistan’s candidate for the coveted position of… Read More
SBP Takes Back Its Decision Which Caused Dollar’s Value to Rise in Open Market
In order to contain the pressure on the recent depreciation of Rupee against the Dollar, State Bank of Pakistan has… Read More
Banks Loans to Private Sector Show Sudden Increase in Last 6 Months
Pakistan’s private sector is set to expand its existing and new businesses aggressively through low mark-up loans, which crossed Rs.… Read More
