Chief Economist and Research Advisor at State Bank of Pakistan (SBP), Dr. Ali Chaudhry, has said that the most difficult… Read More
CM Punjab Also Launches a Flood Relief Fund
The Punjab government has launched Chief Minister (CM) Flood Relief Fund in order to provide assistance to the flood-affected people… Read More
Here’s How You Can Donate to Prime Minister’s Flood Relief Fund
The federal government set up Prime Minister Flood Relief Fund 2022 earlier this month, aiming to augment the ongoing financial… Read More
Summit Bank Makes Turnaround Earning Rs. 497 Million Profit in Q2 2022
Summit Bank has finally made a profit of Rs. 497 million in the second quarter of 2022. According to the… Read More
SBP Keeps Policy Rate Unchanged at 15%
The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday decided to keep the policy rate unchanged at… Read More
MCB Bank Sees a 25% Decline in Half Yearly Profit
The profitability of the MCB Bank declined by 25 percent to Rs. 11.13 billion during the first half of 2022… Read More
SBP Advises Banks to Integrate New Features in Mobile Apps for RDA Clients
The State Bank of Pakistan (SBP) has advised banks to complete the development of their Mobile Applications that incorporates several… Read More
Earnings of Top Banks to Rise Significantly After Removal of ADR-Based Tax: Report
The removal of advance-to-deposit ratio (ADR) based tax retrospectively will result in an upward revision of the earnings of UBL,… Read More
Banks to Issue Electronic Proceeds Realization Certificates to Remittance Receipents
When a customer receives funds from abroad in his/her account in PKR, banks issue them a proof of funds received… Read More
Allied Bank Presents NIC Fintech Hackathon 2022
The National Incubation Center (NIC) Pakistan’s first of its kind and largest Incubation center is hosting yet another exciting Fintech… Read More
Apna Microfinance Bank Listed as Defaulter by NCCL
National Clearing Company Limited (NCCPL) has placed Apna Microfinance Bank in the defaulter’s segment, effective from Thursday, 4 August 2022.… Read More
UBL Is Now Ranked Below HBL In Terms of Profits
United Bank Limited (UBL) reported a profit of Rs. 11.8 billion in the first half of 2022 after a 20… Read More
