The Board of Directors of MCB Bank Limited (PSX: MCB) has approved the establishment of an exchange company with Rs.… Read More
6-Month KIBOR Falls Sharply As SBP Maintains Key Interest Rate
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, fell by 159 basis points… Read More
Govt Increases Profit Rates on Naya Pakistan Certificates By Up to 6%
The federal government has decided to enhance the profit rates of Naya Pakistan Certificates (NPCs) by up to 6 percent… Read More
Meezan Bank to Set Up Exchange Company
The Board of Directors of Meezan Bank Limited (PSX: MEBL) has approved the establishment of an exchange company with Rs.… Read More
Banking Industry Deposits Surge to All-Time High in August
The banking industry reported all-time high deposits of Rs. 26.1 trillion by the end of August 2023. According to the… Read More
SBP To Award 5 In Principle Approvals For Digital Banks in September
State Bank of Pakistan (SBP) is likely to award the in-principle approvals in the next few weeks to newly constituted… Read More
UBL to Set Up Exchange Company
The Board of Directors of United Bank Limited (PSX: UBL) has approved the establishment of an exchange company with Rs.… Read More
Pakistani Origin Ahmed Ali Larik Selected Among Top 100 Saudi Technology Leaders
Pakistani Origin IT Wizard Ahmed Ali Larik has been selected among the Top 100 Saudi visionary leaders by the prestigious… Read More
Bank Alfalah and ACE Money Transfer Partner to Facilitate Overseas Pakistanis
Bank Alfalah, one of the leading commercial banks in Pakistan, strengthens its longstanding partnership with ACE Money Transfer, a leading… Read More
RAAST Online Funds Transfer Service to be Unavailable on Sunday
Pakistan’s instant payment system RAAST will be temporarily suspended for nearly 15 hours on Sunday. According to the State Bank… Read More
SBP Denies Reports of Emergency MPC Meeting
The reports making rounds in the media about holding an emergency meeting of the Monetary Policy Committee (MPC) of the… Read More
Standard Chartered Launches a Comprehensive Digital-Banking Solution
Standard Chartered Bank Pakistan announced the strengthening of its Digital Banking Solution at a press conference today. This full-fledged client… Read More
