The government has procured $7.9 billion in commercial loans from foreign banks from June 2013 to date at a considerably… Read More
NBP and Bank of China Sign an Agreement to Promote Banking Services
National Bank of Pakistan (NBP) and Bank of China Pakistan Operations (BOCP) have signed an MoU to promote banking services… Read More
Foreign Bank Penetration Remains Low in Pakistan: World Bank
The penetration of foreign banks in Pakistan is getting low with minimal contribution in local banking industry and the overall… Read More
President Mamnoon Hussain Inaugurates Bank of China in Pakistan
President Mamnoon Hussain, at a ceremony in Aiwan-e-Saddar in Islamabad on Tuesday, officially inaugurated the Bank of China’s operations in Pakistan. Bank… Read More
All the Loan Govt Has Borrowed from Banks Revealed
The government has borrowed $1.5 billion from commercial banks in June, bringing the total to $4.367 billion under this head… Read More