Pakistan’s banks are likely to have their potential share in the development projects under China Pakistan Economic Corridor (CPEC) which… Read More
HBL Declares Profit Of Rs. 34.2 Billion for 2016
HBL today declared a consolidated profit after tax of Rs 34.2 billion for the full year 2016, with earnings per… Read More
Faysal Bank Partners With K-Electric To Facilitate Customers
One of the leading banks of Pakistan, Faysal Bank Limited has partnered with K-Electric (KE) to facilitate customers seeking new… Read More
Regulatory Reforms Push Modaraba Assets to Rs. 41 Billion: SECP
The recent reforms and strengthening of regulatory framework by the Securities and Exchange Commission of Pakistan (SECP) have pushed up… Read More
Data Centre For Tracking Money Laundering and Terrorism Financing Inaugurated
Tracking down money laundering and terrorism financing will now be easier thanks to a new high tech data centre that… Read More
Askari Bank Moves to AutoSoft’s Islamic Treasury Management Solution
Pakistan-based Askari Bank has gone live with AutoSoft’s Islamic treasury management system, Adams Islamic, and its RTGS STP utility (Real-Time… Read More
MCB Bank Posts Rs. 21.89 Billion Profits for FY2016
MCB Bank Limited reported a Profit Before Tax (PBT) of Rs. 36.07 billion and a Profit After Tax (PAT) of… Read More
Not Involved in Money Laundering: SBP
The State Bank of Pakistan (SBP) Tuesday categorically rejected allegations of its involvement in money laundering. The SBP, in a… Read More
UBL Funds & 1LINK Sign Agreement to Facilitate Online Investment in Pakistan
UBL Fund Managers Limited (UBL Funds) has signed an agreement with 1LINK, the largest banking Switch in Pakistan, to facilitate… Read More
SBP Investigating The Recent NADRA-Mastercard Agreement
A few days ago, at the World Economic Forum Annual Meeting, Mastercard announced a strategic collaboration with NADRA to optimize electronic… Read More
Mystery Behind Fake Bank Receipts Worth Millions Solved: FIA Nabs Culprit
In a much-publicized string of events where several politicians and senators received fake bank receipts worth millions of rupees in… Read More
Sheikh Nahyan is the New Chairman of Bank Alfalah
Sheikh Nahyan Bin Mubarak Al Nahyan, the founder of Bank Afalah Limited, has taken control over the bank as its… Read More
