Allied Bank of Pakistan (ABL), like many other major banks in the country, witnessed a decline in their profitability. Its… Read More
Standard Chartered Bank Profits Drop by 17% in Q1 2017
Standard Chartered Bank (Pakistan) Limited has recorded a drop in profits of 17 percent in the first quarter of 2017… Read More
Zong Offers MBB Device for Select UBL Customers & Employees
Zong has entered into a strategic partnership with United Bank Limited. The two companies signed an MoU for Mobile Broadband… Read More
HBL Innovation Challenge is Now Open for Everyone
Habib Bank Limited has announced the Innovation Challenge for designing a fintech solution. It aims to disrupt the current financial… Read More
MCB Bank Profits Drop By 3.6% for Q1 2017
MCB Bank has posted a negative profit growth of 3.6 percent in the first quarter of 2017. The bank is… Read More
SBP Amends Exposure Limits for Banks & DFIs
The central bank has announced changes in the banks’ exposure limits though major amendments to prudential regulations. However, a threshold… Read More
JS Bank and Inov8 to Collaborate for Digital Payments
JS Bank and Inov8 Limited have signed two agreements to promote financial inclusion in the industry by digitizing payments, and… Read More
Bank Alfalah Profits Grow 14% for Q1 2017
Bank Alfalah has posted a profit growth of 14.6 percent in the first quarter of 2017, which surged to Rs… Read More
Saving Rates in Pakistan Lower than Worldwide Average: Study
People in Pakistan save only 14 pc of their monthly salary generally while worldwide, the average standard of savings is… Read More
Asian Development Bank Appoints New Country Director for Pakistan
The Asian Development Bank (ADB) has appointed Ms. Xiaohong Yang as new Country Director for Pakistan. Ms. Yang, who assumed… Read More
NBP to Launch PM Youth Business Loan Scheme Under Islamic Banking
National Bank of Pakistan (NBP) will launch Prime Minister Youth Business Loan (PMYBL) scheme under its Islamic Banking Division Aitemaad… Read More
NBP & Askari Bank Release Earnings Reports for Q1 2017
National Bank of Pakistan and Askari Bank have released their first quarter earnings and revenue reports. Askari bank did not… Read More
