Pakistan Mercantile Exchange Limited (PMEX), the country’s only multi-commodity futures exchange, has facilitated Pakistan’s first electronic Murabaha transaction, which in… Read More
Branchless Banks Asked to Give Rs. 100 of Mobile Balance on Remittances
State Bank of Pakistan (SBP) has asked branchless banking (BB) players to give free airtime of Rs. 100 to their… Read More
PM Launches Home Remittances & SME Financing Schemes
Prime Minister Shahid Khaqan Abbasi has launched a promotion scheme of home remittances through m-wallet accounts, as part of the… Read More
Habib Bank Undergoes Massive Round of Layoffs
Habib Bank Limited has laid off as many as 180 employees in a single go, we have confirmed with sources.… Read More
State Bank Completely Misses Targets for Treasury Bills Auction
Banks are reluctant to lend the government for the long term. They are anticipating a higher interest rate as after… Read More
ADB Appreciates Pakistan’s Improved Credit Rating
Asian Development Bank (ADB) on Tuesday offered Pakistan its technical assistance to turn around loss-making public sector’s entities. Pakistan’s credit… Read More
Rupee’s Current Value Against Dollar is Fair: Governor SBP
The Governor for State Bank Pakistan (SBP) Tariq Bajwa, following a meeting of National Assembly Standing Committee on Finance, has… Read More
UBL Inaugurates Pakistan’s First-Ever Digital Lab
UBL inaugurated Pakistan’s first-ever Digital Lab at a ceremony held in Karachi. The lab, which was built in collaboration with… Read More
Only 12% ATMs Have Biometric Technology in Pakistan
Pakistan’s banking industry has been expanding its operations gradually across the country but its growth is limited when it comes… Read More
Pakistan’s Forex Reserves Enhance by $2 Billion
Pakistan’s foreign exchange reserves have enhanced by $2 billion due to the inflows received from foreign bonds and Sukuk in… Read More
WorldRemit Users Can Now Send Remittances to Bank al Habib in Pakistan
Money transfer service WorldRemit has joined forces with Bank AL Habib to support the increasing demand for money transfers to Pakistan. WorldRemit customers can… Read More
MCB Arif Habib Savings Becomes First PayPak Affiliate Member
MCB-Arif Habib Savings and Investments Limited (MCB-AH) has signed an agreement with 1LINK (Guarantee) Limited (1LINK) which will result in… Read More
