Standard Chartered Bank Pakistan Limited (SCBPL) has launched a special bank account for Women named 'SC Sahar Women's Account'. This innovative facility will cater to the evolving needs of the…

State Life Insurance Corporation of Pakistan (SLIC) held its Annual Marketing Convention in Pearl Continental Bhurban to congratulate its vigorous workforce and determined management team and celebrate the strongest annual…

With the aim to help increase financial inclusion, especially of underserved groups in the country, Karandaaz is all set to launch a comprehensive demand-side survey – Karandaaz Financial Inclusion Survey…

The total liquid foreign reserves held by the country stood at US$ 8,741.7 million as of 27-Jan-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…

The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on February 2, 2023, approved the Bank's financial results for year ended December 31, 2022.  The Bank…

There has been a narration in print & electronic media that suggests that capping the dollar price caused a loss of $3 billion in remittances and exports. SBP would like…

Faysal Bank partnered with Mercantile Pakistan (Authorized Apple Distributor) to provide a facility of Buy Now Pay Later (BNPL) at a zero percent profit rate to its customers using its…

In line with SBP's vision to transform banks' branches into disability-friendly branches for Persons with Disability (PWD); NBP has inaugurated its first branch having state-of-the-art facilities for PWD on Shaheed…

MCB Bank Limited, one of Pakistan's leading banks, has entered into a strategic partnership with Telenor Pakistan, a leading telecommunication services provider, to facilitate its digital banking customers with greater…

Visa, the world leader in digital payments, signed an MoU with WIZZIT to bring innovative payment solutions to Pakistan. According to the MOU, Visa will invest in adding new payment…

In line with market consensus, MPC of the SBP increased policy rate by another 1% to 17% mainly driven by inflationary pressures. The SBP highlighted that the cost of short-term…

ZoodPay, a leading digital lending platform for e-commerce in the Middle East and Central Asia, has entered into a strategic partnership with Mastercard to launch the first-of-its-kind prepaid virtual installment…

· The Current Account Deficit for the month of Dec'22 clocked in at US$400mn, compared to US$252mn in the earlier month and US$1.9bn in the SPLY. The country recorded a…

·         To gauge market expectations, AKD held a poll, wherein most participants, ~57% of responses, expect the MPC to increase interest rates in the country by 75-100bps. Another 15% expect the…

· Total deposits of scheduled banks dropped by 1.2%MoM to PkR22.5tr at the end of Dec'22. This marks the first time in about 20 years that deposits have concluded the…

The total liquid foreign reserves held by the country stood at US$ 10,443.6 million as of 13-Jan-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…

It is the religious and constitutional duty of all to lay out a roadmap for the conversion of the financial system of Pakistan to riba-free according to the injunctions of…

Faysal Bank Limited (FBL) has always kept abreast with the latest developments in Digital Banking Technology and has aggressively implemented the same in all segments, wherever required. In continuation of…

The President and CEO of BankIslami, Pakistan's leading Islamic financial institution, Syed Amir Ali spoke as a panellist at the 4th Financial Crime Summit with the theme "Post-FATF Financial Crime…

Meezan Bank, Pakistan's leading Islamic bank has recently launched its 'Employee Satisfaction Survey (ESS)' countrywide at a launch ceremony held at the Bank's Head Office, Karachi. The event, which was…

HABIBMETRO Sirat – The Islamic banking brand of HABIBMETRO Bank, organized the first HABIBMETRO Sirat Islamic banking summit which was attended by various stakeholders including SBP, PSX & SECP officials…

Visa, the world leader in digital payments, has announced the appointment of Umar Khan, who will lead its operations in the country in his new role as Country Manager for…

HBL, the largest and best bank in Pakistan, has partnered with NayaPay to facilitate real-time cross-border transaction flows into Pakistan. Customers can now receive foreign remittances through HBL's partnering money…

This Visa Debit Card is linked directly to the customer's easypaisa account and enables the user to make payments at any of the 90,000+ card accepting POS merchants in the…