The central bank directed financial institutions to streamline their business and operations based on the Designated Payment System. Payment systems… Read More
SimSim Mobile Wallet Launches, Comes with Free Transactions [Review]
SimSim Mobile wallet was commercially launched today at an event in Karachi. The service was available to users as a… Read More
HBL Branch in UAE Gets Robbed In Broad Daylight
Habib Bank Limited, one of the largest Pakistani banks globally, found itself as the target of a bank heist earlier… Read More
Malik Riaz Buys Escorts Investment Bank for PKR 1
Pakistani property tycoon, Malik Riaz Hussain inked the sales purchases agreement (SPA) to take over Escorts Investment Bank Limited and… Read More
NBP Increases Pension for Retired Employees
Saeed Ahmed (President) and the Board of Directors of National Bank of Pakistan (NBP) have approved an increase in the… Read More
Hackers Steal Another $34 Million of Ethereum
The second most popular cryptocurrency, Ethereum, has been exploited for a second time this week. Hackers have made away with… Read More
NBP Sets Up New Divisions for Digital Banking and Payment Services
In order to materialize its objective and promote State Bank of Pakistan (SBP)’s vision for financial inclusion, the National Bank… Read More
Bank Loans to Private Sector Break Decade Long Record
The low and stable interest rates and growth in economic activities have increased the demand of the private sector to… Read More
JazzCash Mobile Account Now Comes With Visa Debit Card
JazzCash has launched Visa Debit Cards for its Mobile Account customers. JazzCash Visa Debit Card will be linked to customer’s… Read More
Non Performing Loans From Textile Sector Are Hurting Profitability of Banks
Non Performing Loans (NPL) from the textile sector has started hurting the profitability of the country’s banking sector. The newly… Read More
Pakistan’s Banking Sector Increases Its Loan Portfolio By 17%
Pakistan’s banking sector increased its loan portfolio by 17 percent during the last fiscal year. This has resulted in the… Read More
Get a MasterCard Credit Card on Your Own Terms and Credit Limit in Seconds!
Most Pakistanis are by default not qualified to get a credit card in Pakistan. They (read: banks) tell the commoners… Read More
