National Bank of Pakistan (NBP) posted a double digit decline in profits by 36.4 percent in the second quarter of… Read More
Banks Start Verification of Currency Notes Countrywide
All commercial and microfinance banks have kicked off the process of verification and authentication of currency notes throughout the country… Read More
MCB Bank Launches 3D Projection Mapping System On Its 70th Anniversary
MCB Bank, one of the largest banks in Pakistan, recently launched a state-of-the-art 3D Projection Mapping System at the MCB… Read More
Citibank Pakistan & Others Organize Training Program for Financial Journalists
Pakistan (Citi) recently hosted the first edition of the Citi Financial Journalist Training (CFJT). Citi, in collaboration with the Centre… Read More
Bank Al-Habib Posts Rs. 4.5 Billion in Profits for H1 2017
Bank Al Habib posted a profit-after-tax of Rs 4.57 billion in the six-month period ended June 30, 2017, up from… Read More
Bank Alfalah to Open Branch in Dubai
In a recent notice to the PSX, Bank Alfalah announced that the Central Bank of UAE has granted a license… Read More
Current Account Deficit Maintains Huge Gap of 210% in July
The growing expense of the imports and the low receipts of foreign exchange continued to show a huge deficit in… Read More
Bank of Khyber Deposits Cross Rs 150 Billion Mark in H1 2017
Bank of Khyber (BoK) has been expanding its operations throughout the country and in the province of Khyber Pakhtunkhawa. This… Read More
Foreign Exchange Reserves Fall to The Lowest Level Since June 2016
The State Bank of Pakistan reported on Thursday that the foreign exchange reserves held by the country have declined even… Read More
Allied Bank Suffers Massive 31% Decline in Profits in H1 17
Allied Bank of Pakistan (ABL) witnessed a tough year as its profits declined by a massive 31% (Rs. 2 billion)… Read More
Bank of Punjab Posts Rs 3.8 Billion in Profits
A meeting of the Board of Directors of the Bank of Punjab was held on August 16, 2017 to consider… Read More
SBP Asks Banks To Appoint Ethical Officers for Addressing Customer Issues
In order to promote ethical behavior in their day to day operations in the organization, the banks should appoint ‘Ethics/conduct… Read More
