Ashraf Wathra, the governor of the State Bank of Pakistan (SBP), was named Euromoney’s Central Bank Governor of the Year… Read More
New CPEC Loan to Upgrade Entire Rail Track from Karachi to Peshawar
On Friday, Federal Minister for Reforms Ahsan Iqbal was informed that a new loan worth $8 billion from China and Asian… Read More
MCB Just Enabled its Debit Cards for Internet Shopping and Online Payments
MCB bank today enabled its debit cards to be used for internet shopping and online payments, we have checked officially. According… Read More
Allied Bank Introduces Indigenous PayPak Card
Allied Bank has announced the launch of PayPak card — a locally switched card with no dependency on any international… Read More
NBP to Launch Union Pay Debit, Prepaid Cards in Pakistan
National Bank of Pakistan (NBP) has plans to launch Union Pay branded Debit and Prepaid (debit) Cards allowing its customers to… Read More
HBL Allowed to Open its Branch in Urumqi, China
The Economic Coordination Committee of the Cabinet Friday granted approval to Habib Bank Limited (HBL) to open a bank branch… Read More
SBP Warns Of Penalizing Banks for Circulating Untested Currency Notes
State Bank of Pakistan (SBP) has warned all commercial banks about facing penalties if they will continue to circulate currency… Read More
Millions of Rupees Embezzled from PM’s Loan Scheme
National Bank of Pakistan (NBP) staff is being accused of embezzling millions of rupees from Prime Minister’s Loan Scheme by… Read More
20 Things State Bank Must Do to Boost Financial Inclusion in Pakistan
In my last article, we learnt about missing efforts by the Branchless Banking Services (BBS) providers. I promised to come… Read More
Nov 30, 2016 is The Last Date To Get Your Old Notes Exchanged
Phasing out old bank notes takes time. Even though the new ones have been around for a while, the old… Read More
FBR to Get Records of Pakistanis’ Offshore Account Details through OECD
On Saturday, Federal Board of Revenue signed a treaty with Organization for Economic Cooperation and Development (OECD) that will allow… Read More
Overseas Pakistanis Sent $1.76 billion to Pakistan Ahead of Eidul Azha
Overseas Pakistanis remitted $1.76 billion to home country ahead of Eidul Azha, during August 2016, which is 32.5 percent higher than… Read More
