The much-awaited verdict of the Federal Shariat Court (FSC) on interest-free economy, despite being overly delayed, sets the course in the right direction by cogently answering all reservations put forward…
BankIslami Pakistan Limited ('the Bank' or 'Bankislami') announced its financial results for the quarter ended March 31, 2022. Underpinned by growth in customer base, increase in income levels and improvements…
On Friday, Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance and Former Provincial Minister Mian Zahid Hussain said the possibility of a further…
Western Union, a global leader in cross-border, cross-currency money movement and payments, has announced the launch of its services with Bank Alfalah, one of the largest private banks in Pakistan.…
SBP has clarified that all banks and their branches shall remain open on Saturday, April 30, 2022 in line with central bank instructions embodied in BPRD Circular Letter No. 11…
The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on April 27, 2022, reviewed the performance of the Bank and…
Meezan Bank Limited (MEBL) announced consolidated earnings of Rs9,244mn for 1Q2022 translating into an EPS of Rs5.64 up 51% YoY and 9% QoQ. Alongside the result, a dividend of Rs1.75/share…
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on April 26, 2022, revealed BAFL's financial results for the quarter ended March 31, 2022. The Bank's…
Khushhali Microfinance Bank Limited (KMBL) in collaboration with the Institute of Rural Management (IRM) has successfully completed the skill development program for women from Rawalpindi's marginalized communities. The aim of…
VIS Credit Rating Company and PACRA has harmonized the Insurer Financial Strength rating of Pak-Qatar Family Takaful Limited (PQFTL) at 'A++' with Stable Outlook. The rating assigned signifies high capacity…
JS Bank, a leading Commercial Bank of Pakistan has modernized its Core Banking platform with renowned IT company NdcTech as the implementation partner. This deployment is a central part of…
Pakistan's First Asset Management Company NITL has signed up with Hysab Kytab to provide end users/customers access to its family of funds within the consumer application. This collaboration will empower…
Acting President of Korangi Association of Trade and Industrial (KATI) Farrukh Qandhari has expressed concern over the rise in the value of the dollar once again. He said that the…
The total liquid foreign reserves held by the country stood at US$ 17,045.0 million as of 16-April-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
Jubilee Life join hands with Arthouse by Sarwat Gilani for a special Iftar hosted for the Arthouse students from Special Olympics Pakistan (SOP) accompanied by Ronak Lakhani, Chairperson of SOP,…
Pakistan's largest digital bank, Mobilink Microfinance Bank Ltd (MMBL) has partnered with BaKhabar Kissan (BKK), a leading agri-tech enterprise that provides advisory services to small and medium farmers across the…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance and Former Provincial Minister Mian Zahid Hussain on Monday said the decision of the government…
Bank Alfalah, one of the largest private banks in Pakistan has partnered with Paymob, MENA's market-leading digital payments provider. The two organizations have collaborated to activate and support merchant acquisition…
PACRA, a renowned credit rating company has harmonized the Insurer Financial Strength rating of Pak-Qatar General Takaful Limited (PQGTL) at 'A+' with Stable Outlook. The rating assigned signifies high capacity…
Standard Chartered Bank Pakistan Limited (SCBPL) announced the appointment of Saadya Riaz as Head of Consumer, Private and Business Banking (CPBB). Saadya has been associated with Standard Chartered (SC) for…
In light of the emergency Monetary Policy (MPC) meeting held on April 7th, 2022, the next regular meeting of the MPC is now scheduled for May 23rd, 2022. In line…
TPL Insurance Limited, a subsidiary of TPL Corp Limited, is pleased to announce that the Company has entered into a Share Subscription Agreement and a Shareholders Agreement with Finnfund, a major development…
Pakistan's largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has signed a Memorandum of Understanding (MoU) with the Islamabad Women Chamber of Commerce & Industry (IWCCI) to promote and strengthen…
The State Bank of Pakistan released its second quarterly report of payment systems for the fiscal year 2021-22 today covering the period October – December 2021. The report presents an…
The total liquid foreign reserves held by the country stood at US$ 17,028.1 million as of 08-April-2022. The break-up of the foreign reserves position is as under:- Foreign reserves held…
