Standard Chartered Bank Pakistan also maintained significant growth in its balance sheet which reported a profit of Rs. 9.19 billion… Read More
Bank Alfalah Continues its Growth Momentum
The Board of Directors of Bank Alfalah Limited, in its meeting held on April 27, 2023, approved the Bank’s financial… Read More
HBL Profits Rise by 54% to Rs. 13.3 Billion in Q1
HBL has declared a consolidated profit after tax (PAT) of Rs. 13.3 billion for the first quarter ended March 31,… Read More
Banks, ATMs Running Low on Cash Ahead of Eid
Banks have been unable to meet the rising demand for cash during Ramazan with dozens of automated teller machines (ATMs)… Read More
Pakistan Housing Finance Company Wants to Inject Rs. 12 Billion into Silk Bank
Pakistan Housing Finance Company (PHFC), a subsidiary of M/s Lake City Limited has expressed its in-principle interest in the injection… Read More
MCB Bank Acquires 30% Additional Stake in Asset Management Company
MCB Bank has completed the acquisition of an additional 30 percent stake in its subsidiary, MCB-Arif Habib Savings and Investments… Read More
Standard Chartered Pakistan and British International Investment Sign $40 Million Risk-Participation Agreement
Standard Chartered Bank Pakistan Limited recently signed an unfunded Risk-Participation Agreement with British International Investment (BII), the UK’s development finance… Read More
Banks Told to Compensate Fraud Victims
The State Bank of Pakistan (SBP) has directed commercial and microfinance banks to compensate their customers within three working days… Read More
How to Earn Over 20% Profit Through Sukuks
In order to deal with inflation, an individual can earn a handsome profit of over 20% from his savings through… Read More
Banking Mohtasib Provides Rs. 209 Million Relief in Q1 2023
The Banking Mohtasib of Pakistan Mr. Muhammad Kamran Shehzad provided relief amounting to Rs. 209.15 million to customers by disposing… Read More
Visa Launches Eco Benefits Solution in Pakistan
Visa announced the launch of its Eco Benefits solution in Pakistan in partnership with the Berlin-based fintech and Visa partner… Read More
Bank of Punjab Considers Conversion to Full-Fledged Islamic Bank
The management of the Bank of Punjab is mulling over an option to convert the banking institution to a full-fledged… Read More
