State Bank of Pakistan (SBP) is currently working on introduction of a separate category of banking services that they are… Read More
HBL Records Zero Growth in Profits for Q1 2017
Habib Bank Limited (HBL) recorded zero growth in profits in the first quarter of 2017, which stand at Rs 9.07… Read More
Askari Bank Reports No Growth in Profits for Q1 2017
According to financial results, Askari Bank Ltd profit increased to Rs 1.23 billion in the first quarter (January to March)… Read More
SBP Proposes Use of Blockchain for Secure Banking Transactions
The State Bank of Pakistan (SBP) has made a unique proposal asking local banks if they would be willing to… Read More
Meezan Bank Records 13% Growth in Q1 2017
Meezan Bank, Pakistan’s biggest full-fledged Islamic Bank, continued its profitable journey this year as it made a double-digit growth of… Read More
Govt Could End Special Tax Regime Worth Rs 45 Billion for Banks
Pakistan government is mulling over a decision to withdraw the special tax regime offered to the banking sector. Sources suggest… Read More
Alibaba Exploring to Start E-Commerce, Digital Payment Services in Pakistan
Minister of State for IT, Anusha Rahman while chairing a multi-stakeholder meeting with Mr. Michael Evans, president of AliBaba group,… Read More
SBP Relaxes Terms for Banks to Promote Housing Finance
State Bank of Pakistan (SBP) has relaxed banks’ terms and conditions for promoting housing finance across the country to benefit… Read More
UBL Records Zero Growth in Profits for Q1 2017
United Bank Limited (UBL) recorded zero growth in profit during the first quarter of 2017 with varied earnings through heads… Read More
Soneri Bank CEO Gets Rs 8.7 Million Yearly Salary Raise
Mohammad Aftab Manzoor, CEO and President of CEO Soneri Bank has been granted a Rs 8.7 million annual raise in… Read More
Soneri Bank Announces Rs. 595 Million Profit in Q1 2017
Soneri Bank Ltd has announced a net profit before tax of Rs916.33 million and profit after tax of Rs595.62 million… Read More
SBP Imposes Ban On Sponsored Foreign Tours for Bankers
State Bank of Pakistan (SBP) has imposed a complete ban on foreign tours of bankers for the purpose of training. All sponsored… Read More
