Many reports of ATM hacking have been received across the country after hundreds of users complained about unauthorized withdrawal activities… Read More
World Bank Approves $130 Million to Modernize Agriculture in Punjab
The World Bank has approved an additional $130 million for farmers in Punjab province to use water more efficiently. Adopting… Read More
Rayomond Kotwal Takes Over HBL as Acting CEO
In a recent notice to the bourse, Habib Bank Limited announced that Mr. Rayomond Kotwal has assumed charge as the… Read More
Bank Lending to Private Sector On The Rise
The stable policy and interest rates coupled with growth in businesses have increased the banks loan portfolio to the private… Read More
Pakistan Received $2.45 Billion in Loans & Grants During the Past 4 Months
Pakistan received a total of $2.452 billion in external aid during July-October 2017-18, revealed Economic Affairs Division (EAD). The government… Read More
FonePay by Masterpass May Just Be the Only Banking App You Need
FonePay (powered by Masterpass), is a solution that allows consumers to make simple and secure digital payments across devices and… Read More
Banks Investments in Govt Papers Surge By Rs. 1 Trillion in 2017
The commercial banks’ reliance on government papers/securities for making investment and securing safe returns is continuing, as an amount of… Read More
HBL Launches Open Payments API in Pakistan
As an industry first, HBL has launched an open API, allowing its 10 Million bank account holders to instantly purchase… Read More
Allied Bank Revamps Its Online Banking Portal & Smartphone Apps
Allied Bank has officially launched myABL — the new face of Allied Direct Internet Banking. The bank’s previous internet banking mechanism… Read More
SMEs Can Play a Major Role in Pakistan’s Development
Small and Medium Enterprise (SME) can play a major role in development of Pakistan, but due to a lack of… Read More
PTCL & 1LINK Sign Agreement for Hosting Their Primary Data Center Facility
Pakistan Telecommunication Company Limited (PTCL) has inked a Data Center Hosting agreement with 1LINK Guarantee Limited, which is the largest… Read More
SBP Optimistic to Achieve GDP Target As Policy Rate Remains At 5.75%
The Monetary Policy Committee of State Bank of Pakistan (SBP) has decided to keep the policy rate at 5.75% for… Read More
