Askari Bank Limited (AKBL) in collaboration with UnionPay International has entered into an agreement to issue UnionPay QuickPass (NFC) and… Read More
SBP and CCP Sign Information Sharing Agreement
The State Bank of Pakistan (SBP) and Competition Commission of Pakistan (CCP) have signed a Memorandum of Understanding (MoU) for… Read More
SBP Approves Merger Between MCB and NIB
In a recent notice to PSX, MCB has announced that the State Bank of Pakistan, with it’s sanction order dated … Read More
Banking Sector Profits Down By 8% in Q1 2017
The consistent decade-low policy rates have hurt the profitability of banking sector which witnessed a drop of 8 percent or… Read More
SBP Releases the Branch Codes for Issuance of Fresh Currency Notes
State Bank of Pakistan (SBP) has finally released the list of branches — and respective branch codes — from where… Read More
FBR’s New Contact Center Deals with Taxpayers in Real Time
Federal Board of Revenue (FBR) has launched a newly-furbished and modern contact center to promptly respond to taxpayers’ queries and provide… Read More
Is Atif Bajwa Going to be the Next Governor of SBP?
While we know that Government of Pakistan is actively looking for next Governor of State Bank of Pakistan, the rumors had… Read More
SBP Launches SMS Service for Issuance of Fresh Currency Notes on Eid
Every year during Ramzan, State Bank of Pakistan launches a service which allows citizens to acquire new currency notes for… Read More
Woman Destroys ATM by Pouring Pepsi Into It
A 33 year old woman from China destroyed an ATM and caused damages of up to $9000. The bizarre part… Read More
Branchless Banking Witnesses Rare Drop in Transaction Values
The branchless banking sector in Pakistan witnessed a rare dip in transactional values in the first quarter of 2017. The… Read More
JazzCash to Offer Online Payment Services to Headstart School Students
JazzCash and Headstart School System (Headstart) have signed an agreement, whereby students can now use JazzCash’s payment gateway for monthly… Read More
MCB Bank Gets Delisted from London Stock Exchange
MCB Bank with its Global Depository Receipts (GDR) of worth $150 million has been delisted from London Stock Exchange, according… Read More
