Stock market investors in Pakistan can now make payments for an Initial Public Offering (IPO) via ATM, internet banking or… Read More
Ali Jahangir Siddiqui Appointed as Special Assistant to PM
Cabinet Division has notified Ali Jahangir Siddiqui as Special Assistant to the Prime Minister with the status of Minister of… Read More
Banks Asked to Dedicate 20% of Their Branches to Agricultural Lending
The Agricultural Credit Advisory Committee (ACAC) has proposed that banks should dedicate at least 20 per cent of total branches… Read More
JS Bank & Zameen Partner to Make Buying and Renovating Homes Easy
Pakistan’s largest property portal Zameen.com has signed an MoU with JS Bank Limited to offer Zameen.com customers mortgage finance facility.… Read More
HBL’s $629 Million Fine Poses No Risk to Pakistani Consumers: SBP
According to a press release by the State Bank of Pakistan (SBP), HBL has conveyed to the SBP that its… Read More
Standard Chartered Bank Posts Rs 5 Billion Profit for H1 2017
Standard Chartered Bank (Pakistan) posted a profit of Rs 5 billion for the first six months of 2017, down by… Read More
Summit Bank To Enhance Its Authorized Capital to Rs 28 Billion
Summit Bank’s Board of Directors has decided to enhance the authorized capital of the bank from Rs 25 billion to… Read More
JS Bank Launches Pakistan’s First Mobile Based Biometric Solution
The first ever mobile based biometric solution, named Instascan, has been launched in Pakistan, mainly for the verification of customers… Read More
SBP Targets 4.27 Million Farmers with its Agri Credit Outreach Program
The State Bank of Pakistan (SBP) has enhanced the credit outreach target to farmers by one million to 4.27 million… Read More
HBL to Close its New York Branch After Likely to be Slapped with $629 Million Fine
The management of Habib Bank Limited has decided to shut down its branch and operations in New York due to… Read More
SBP Launches Easy Loans Scheme For Women Entrepreneurs
State Bank of Pakistan launched “Refinance and Credit Guarantee Scheme for Women Entrepreneurs in Underserved Areas” with 0% refinance rate… Read More
MCB Bank Posts Profit of 27% in H1 2017
MCB Bank has posted a staggering double digit growth in profits of up to 27% in the first half of… Read More
