All commercial bank shall compensate their customers within two (02) business days in case of a financial loss to them… Read More
SBP Declares Digital Currencies, Tokens, Coins Illegal
State Bank of Pakistan has declared the digital currencies, tokens and coins as illegal, advising all concerned and general public… Read More
SBP Asks Banks to Fire Executives Involved in Corruption
State Bank of Pakistan (SBP) has ordered all financial institutions to fire all C-level executives of the top management and… Read More
SBP Rolls Out Guidelines for Banks’ Call Centers
State Bank of Pakistan (SBP) has restricted commercial banks not to market their products and services via calls made by… Read More
Banks to Remain Closed for Public on January 1st 2018
The State Bank of Pakistan (SBP) will observe 1st January 2018 as a bank holiday and it will remain shut… Read More
Profitability for Islamic Banking Rises, Declines for Conventional Banking
Amidst prevailing low interest rates and with interest-based banks witnessing a double-digit decline in profitability, Sharia-based banks and banking divisions… Read More
Arrested Hackers from Rahim Yar Khan “Learned Everything Online”
Police has arrested three people on charges of stealing money by hacking ATM machines and bank accounts. After an initial… Read More
Don’t Fall For Interest Free Smartphone Offers by Banking Institutions
A big majority of the Pakistani public holds an account in one or more banks. Naturally, many of the bank… Read More
Banking Sector Profits Decline By Rs. 12 Billion in Q2 2016
Due to lower interest rates and its driven income coupled with rising expenses of the operations, the banking sector witnessed… Read More
Pakistani Banks pushing for Online Advertisements
Pakistani Banks have been quite popular in the print and media advertisement. Time and again we come across their brands… Read More
Pain of Tele-Marketing Calls
Annoying telemarketing calls, especially in the middle of business meetings, hospital emergencies and overseas trips that refuse to spare even… Read More
Ebanking Trends in Pakistan on Rise
Banking transactions made over internet (known as E-Banking) are rapidly getting very common amongst businesses entities and masses in Pakistan.… Read More