The Competition Commission of Pakistan (CCP) has issued a show cause notice to JCR-VIS Credit Rating Company for predatory pricing… Read More
SBP Revises Transactions Limits for Branchless Banking Accounts
State Bank of Pakistan (SBP) has revised the limit of transactions and maximum balance of the Level 0 and Level… Read More
Allied Bank Print AD Forgets Kashmir is a Part of Pakistan
In a small feature on the Daily Express Newspaper, Allied Bank published a thank you post for its customers which… Read More
Foreign Currency Reserves Hit All Time High at $23 Billion
In a statement released by the State Bank of Pakistan (SBP) on Monday, it is stated that foreign exchange reserves… Read More
Banks Could Meet Only 55% of Public Demand For Fresh Currency Notes
State Bank of Pakistan’s SMS service (8877) for new currency notes has disappointed majority of the Pakistanis as entire banking industry… Read More
The Relevance Of Investment Banking To The IT Industry
Ever wonder why the Pakistani IT industry did not grow in the past 25 years as much as it should… Read More
State Bank Asks Banks to Make IBAN Mandatory for Remittances
The IBAN or International Bank Account Number is a system of identifying Bank Accounts internationally to facilitate the processing of… Read More
Mobilink and Allied Bank Partner to Promote Financial Inclusion
Allied Bank and Mobilink have announced a partnership to promote financial inclusion through enabling of JazzCash domestic remittance services for ABL to… Read More
Islamic Finance is the Solution to West’s Housing Debt Crisis: CitiGroup Economist
Over the past few years, the world economy has struggled to recover from the 2008 financial crisis. Fresh issues like… Read More
Who in the World Charges for SMS Notification Service: Pakistani Banks
When you make a financial transaction with your local bank, whether it’s an ATM cash withdrawal, bank deposit, cheque or… Read More
SBP Directs Banks to Ensure Cash Availability at ATMs During Eid Holidays
State Bank has said that it has directed all commercial banks to strictly ensure the availability of ATM services — round… Read More
Banks Will Remain Closed for the First 10 Days of July
As the month of Ramzan is winding down and Eid-ul-Fitr is approaching, banks in Pakistan have announced their schedule for… Read More
