SBP’s reserves increased by US$ 105 million
The total liquid foreign reserves held by the country stood at US$ 13,390.7 million as of 15-Mar-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
The total liquid foreign reserves held by the country stood at US$ 13,390.7 million as of 15-Mar-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
TrustDecision is forging a pivotal partnership with Rapid, Pakistan's leading in-country cloud service provider, to deliver its cutting-edge fraud, credit risk, and compliance solutions. This collaboration will empower commercial banks,…
In a landmark collaboration, easypaisa, Pakistan's leading digital financial services platform, and Knorr, Unilever's biggest food brand, have joined forces to revolutionize the digital payments landscape. This strategic partnership represents…
Karandaaz Pakistan, a development finance platform at the forefront of promoting financial inclusion and driving digital transformation across the country, announced the launch of GreenFin Innovations (GFI), a groundbreaking initiative…
Yadea Pakistan, a global leader in electric bikes, and Bank Alfalah have joined hands in a special partnership by signing a Memorandum of Understanding (MoU) to provide its customers with…
Monetary Policy Statement At its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 22 percent. In approaching today's decision, the Committee noted that…
Zindigi aligning seamlessly with the strategic vision of the State Bank of Pakistan, leads innovation by empowering merchants nationwide with Raast P2M Merchants Payments Ecosystem. Zindigi, powered by JS bank…
Bank Alfalah, the leading commercial Bank in Pakistan, proudly announced the inauguration of its flagship Islamic Premier branch, located on the ground floor of Dolmen Sky Tower in Clifton Karachi.…
The total liquid foreign reserves held by the country stood at US$ 13,151.3 million as of 08-Mar-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
Mashreq Pakistan, a part of Mashreq which is the leading financial institution in the MENA region, has today announced key leadership appointments within its executive team. Atif Saeed Dar will…
BankIslami is pleased to announce the successful completion of the Initial Public Offering (IPO) and the listing of BankIslami Ehad Sukuk II. This perpetual instrument, with an issue size of…
JS Bank joins hands with the United Nations Development Programme (UNDP) to promote gender-inclusive and climate-resilient businesses in Pakistan. The collaboration aims to promote private-sector financing, particularly projects aligned with…
There was considerable disinflation in the headline CPI (national) in February – falling from 28.4% to 23.1% (up only 0.03% mom), the lowest outturn since June 2022. The deceleration was led majorly by lower…
Mobilink Bank partnered with BizB, a leading marketplace in Pakistan, welcoming the company as a 'Brand Ambassador Organization,' to drive financial inclusion and bolster women micro-entrepreneurs nationwide. This symbiotic partnership…
Today, Visa (NYSE: V) announced a 7-year agreement with Western Union (NYSE: WU). Under the new deal, Western Union customers will be able to receive money from their family and…
Dubai Islamic Bank won the Women Empowerment and Gender Equality Recognition Award 2024 in the category of Gender-Inclusive Workplace organized by the Employers Federation of Pakistan (EFP). This achievement reflects…
In a significant step towards financial inclusion for women, JS Bank and Zindigi announced the launch of the JS HER Debit Card and the HER Zindigi Debit Card on International…
Workers' remittances recorded an inflow of $2.2 billion on February 24. In terms of growth, on February 24, remittances decreased by 6.2 percent on a monthly basis and increased by…
Reiterating its commitment to promote financial inclusion, JS Bank hosted Financial Literacy Week camps in Jamshoro, Gujranwala, Vehari, and Karachi from March 5 to 7, 2024. In collaboration with the…
The total liquid foreign reserves held by the country stood at US$ 13,020.0 million as of 01-Mar-2024. The break-up of the foreign reserves position is as under: Foreign reserves held…
Meezan Bank, Pakistan's leading Islamic Bank, has recently formalised a Memorandum of Understanding (MoU) with the Pakistan Microfinance Network (PMN) - the national association for retail players in the microfinance…
Karandaaz Pakistan, a leading impact investment platform that drives sustainable economic growth and strengthens financial and social protection systems for inclusion, has received the prestigious Global Diversity, Equity, and Inclusion…
Faysal Bank Limited (FBL), a leading Islamic financial institution of Pakistan, has partnered with State Bank of Pakistan (SBP) for 'Pakistan Financial Literacy Week 2024'. Committed to fostering financial education…
Governor State Bank of Pakistan (SBP) Mr Jameel Ahmad has said that SBP fully recognises access to financial services as a fundamental right. SBP's mission is to empower every citizen…
BankIslami, a leading financial institution, has announced its remarkable financial results for the year ended December 31, 2023. The bank reported a staggering after-tax profit of PKR 11.04 billion, showcasing its…