U Microfinance Bank Limited (U Bank) — through its Lead Adviser and Arranger Pak Oman Investment Company — has raised… Read More
CEO of Telenor Bank Resigns
Telenor Microfinance Bank has announced today that the CEO and President, Ali Riaz Chaudhry, has decided to pursue his career… Read More
Pakistan Gets Another $728 Million Loan from ADB, WB
Pakistan’s government has received fresh installments of loans worth $728 million from Asian Development Bank and World Bank recently for… Read More
SBP Asks Banks To Collaborate For Combating Cyber Threats
State Bank of Pakistan (SBP) has directed financial institutions (FIs) to promote collaboration at an industry level for combating increased… Read More
SBP Issued Rs. 342 Billion Worth of New Currency Notes During Ramzan
The State Bank of Pakistan — through sixteen field offices of its subsidiary SBP Banking Services Corporation — has provided… Read More
Nouman Ansari Replaces Atif Bajwa as CEO of Bank Alfalah
Nouman Ansari, formerly the CEO of Faysal Bank, has been appointed as CEO of Bank Alfalah, we have checked with… Read More
SBP Reveals Guidelines for Outsourcing by Financial Institutions
State Bank of Pakistan has asked banks to ensure the confidentiality of customers’ data while outsourcing their services or functions… Read More
SBP Tells Microfinance Banks to Invest in Modern Tools & Hardware
State Bank of Pakistan (SBP) has asked microfinance banks to equip their branches with biometric machines and transactions monitoring systems… Read More
SBP To Streamline Forex Inflows of IT Exports
State Bank of Pakistan (SBP) has taken a series of concrete steps to streamline exports income of the IT industry… Read More
Khushhali Microfinance Bank Opens Branches in Gilgit & Ghakuch
Khushhali Microfinance Bank (KMBL) has announced the opening of new branches in Gilgit and Ghakuch for customer financial support in… Read More
Silk Bank to Float Rs 2 Billion Term Finance Certificate
Silk Bank will float a Term Finance Certificate of Rs 2 billion in coming months to raise funds for meeting… Read More
SBP Issued 1.6 million Codes For Fresh Notes In Just 5 days
State Bank of Pakistan (SBP) has received overwhelming response from the public for its SMS-based services for the issuance of… Read More
