State Bank of Pakistan (SBP) and commercial banks have pledged employees salary as well as organizational donations for the Supreme Court… Read More
Moody’s Says Special Tax on Bank Income in Pakistan is Too High
The credit rating agency, Moody’s, has reported that Pakistani authorities released their fiscal year 2019 (which ends June 2019) federal budget,… Read More
Ministry of Religious Affairs is Earning Interest from Banks
Ministry of Religious Affairs is still using conventional bank accounts to deposit and withdraw Hujjaj’s money, despite moving to Shariah-Compliant… Read More
Dawood Hercules Corporation to Raise Rs. 7 Billion from Sukuk Bonds
Dawood Hercules Corporation Limited (DHCL) recently announced that the company’s board had given the go-ahead to raise investments of Rs.… Read More
Allied Bank President Slapped with Rs. 2 Lakh Fine & Summoned by Supreme Court
Supreme court summons and fines president of Allied Bank Limited in an ongoing pension case.… Read More
Pakistan Received $2.45 Billion in Loans & Grants During the Past 4 Months
Pakistan received a total of $2.452 billion in external aid during July-October 2017-18, revealed Economic Affairs Division (EAD). The government… Read More
Allied Bank Revamps Its Online Banking Portal & Smartphone Apps
Allied Bank has officially launched myABL — the new face of Allied Direct Internet Banking. The bank’s previous internet banking mechanism… Read More
Allied Bank Offers Additional 15% Off on Daraz Black Friday Deals
The Pakistani e-commerce leader, Daraz.pk’s, flagship sale has launched with discounts up to 86% – more deals from new categories… Read More
Allied Bank Suffers Massive 31% Decline in Profits in H1 17
Allied Bank of Pakistan (ABL) witnessed a tough year as its profits declined by a massive 31% (Rs. 2 billion)… Read More
PSX To Sell 40% of Its Stake, Bidding Starts On 5th December
Pakistan Stock Exchange is going to sell 40% of its stake to investors, foreign and local alike. The bourse will… Read More
Allied Bank Clinches Silver 2014 Optimas Award for Training
The federal law in Pakistan associates great importance with cultures and policies that prevent money laundering. This is where banks have… Read More
Allied Bank Offers All Kind of Banking Services over SMS
Allied Bank has rolled out a new service offering that will enable its customers to carry out all kind of… Read More