Bank of Khyber (BoK) failed to sustain growth in its profitability similar to other commercial banks and witnessed a decline… Read More
Govt Officer’s Wife Refuses to Cooperate in Multi-Billion Rupee Scam
The spouse of a powerful DMG officer posted in Punjab has declined to cooperate with Federal Investigating Agency (FIA) regarding… Read More
President of HBL Set to Retire at the End of 2017
Nauman K. Dar, the President and Chief Executive Officer (CEO) of Habib Bank Limited (HBL) will be retiring on December… Read More
After $225 Million Penalty, HBL Posts Rs. 14 Billion Losses During 3Q 2017
Habib Bank Limited has received a shock of Rs. 14.12 billion losses in the third quarter of 2017, majorly due… Read More
Mobile Commerce is the Driving Force in Banking Sector: Chairman PTA
Chairman, Pakistan Telecommunication Authority, Dr. Syed Ismail Shah has said that mobile commerce has become a driving force in the… Read More
CDC Asks All Account Holders to Submit IBAN for Their Bank Accounts
Central Depository Company (CDC) has made it mandatory for account holders to provide International Bank Account Numbers (IBAN) as part… Read More
UBL’s Profits Fall Amidst Increased Operating Costs
Financial results submitted to the Pakistan Stock Exchange (PSX) on Thursday show that UBL’s profit for the third quarter (July-Sep… Read More
Soneri Bank Releases Financial Results for Q3 2017
Soneri Bank Limited posted a profit after tax of Rs. 419 million for the period of July-September as compared to… Read More
Top Bankers Sold Rs. 6 Billion Shares of KASB Bank for Rs. 1,000
An inquiry report of National Accountability Bureau (NAB) on amalgamation of KASB Bank with Bank Islami held the officials of… Read More
Karandaaz To Provide Rs 63 Million Grant to Bank Alfalah for Advisory Services
Karandaaz Pakistan will provide a fixed grant of over PKR 63 million to Bank Alfalah Limited for Supply Chain Financing… Read More
Faysal Bank Becomes Pakistan’s First Commercial Bank To Launch A Virtual Card
Faysal Bank Limited (FBL), one of the leading banks in Pakistan, has become the first commercial bank to launch a… Read More
Pakistani Fintech Finja Closes $1.5 Million in Series A Funding
Finja, the fintech behind the recently launched SimSim mobile wallet, announced today that it has closed a historic Series A… Read More
