SBP reserves decreased by US$ 102 million
The total liquid foreign reserves held by the country stood at US$ 9,513.0 million as of 26-May-2023. 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$ 9,513.0 million as of 26-May-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
The Federal Government has given another opportunity to the public to get the withdrawn prize bonds of Rs.7500, 15,000, 25,000 and Rs. 40,000 redeemed/encashed by June 30, 2023. Earlier, the…
Global goods trade is predicted to hit USD32.6tn in the next decade, with Asia, Africa and the Middle East driving 44 per cent of exports Business leaders highlight the top…
TPL Insurance Limited, a leading non-life insurance provider in Pakistan, today announced its Board of Directors' approval of a draft Scheme of Arrangement under Section 279 to Section 282 and…
The State Bank of Pakistan released its third quarterly review of Payment Systems for the Fiscal Year 2022-23 today, covering January to March 2023. Major highlights and a comprehensive analysis…
Karandaaz is a leading impact investor in Pakistan to promote access to finance for Micro, Small and Medium Enterprise (MSMEs) and financial inclusion of unbanked individuals. Karandaaz conducted a highly…
The total liquid foreign reserves held by the country stood at US$ 9,731.1 million as of 19-May-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
Dun & Bradstreet (D&B) Pakistan Private Limited concluded its first event series titled "Pakistan Assemble- United Against Financial Crime" at the Pearl Continental Karachi. The event served as a platform…
Jubilee Life Insurance, the leading private sector insurer in the country has appointed Symmetry Digital, a Symmetry Group Company, as their partner in transforming their digital presence and customer experience.…
Daraz Pakistan, the leading e-commerce platform in the country, has partnered with Salaam Takaful Limited, the largest dedicated general takaful operator and first Islamic insurtech in Pakistan, to provide Islamic…
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 it would be very difficult…
The State Bank of Pakistan (SBP) today released its Half Year Report for FY23 on the State of Pakistan's Economy. The analysis in the Report was prepared on data outturns…
S&P Global has signed a Memorandum of Understanding (MoU) with Team up Pakistan. The initiative aims to establish a sustainable, and mutually beneficial collaboration to provide employment to the youth…
The total liquid foreign reserves held by the country stood at US$ 9,937.5 million as of 12 May 2023. The break-up of the foreign reserves position is as under: Foreign…
Standard Chartered Bank Pakistan Ltd. and Mastercard have signed an exclusive strategic partnership to accelerate payment innovation in Pakistan. This partnership is expected to expand the Bank's existing offerings and…
MCB Bank Limited (MCB), one of Pakistan's leading banks, has launched a technology upgrade of its existing ATM network, with over 1,000 state-of-the-art ATMs to be installed across 500 cities…
The State Bank of Pakistan (SBP), on May 17, 2023, has cancelled the authorisation/license of M/s. Noble Exchange International (Pvt.) Limited on account of contraventions of the relevant laws and…
EFU General Insurance sponsored and participated in the 11th International Women Leader Summit 2023. At EFU, we believe it is essential to participate in events like the Women Leaders' Summit.…
EFU General Insurance has been conferred with the '12th Annual Fire Safety Award 2022'. EFU General Insurance ensures to apply of HSE goals with the aim of continuous progress for…
Glimpses of EFU General's 90th Anniversary Celebrations and Corporate Dinner 2023. Our journey: From humble beginnings to a thriving businesses, we proudly celebrate 90 years of innovation, growth, and success.…
EFU General Insurance Limited has been recognised for its outstanding corporate social responsibility (CSR) achievements. The company was awarded the CSR Award 2023 by the National Forum for Environment and…
Telenor Microfinance Bank (TMB), operator of Pakistan's leading digital financial services platform, easypaisa, has reported its financial results for Q1 2023, showcasing a strong performance despite challenging economic conditions. TMB's…
National Institute of Banking and Finance (NIBAF), a subsidiary of State Bank of Pakistan, in collaboration with Ministry of Foreign Affairs organized a 5-day training program on 'Digital Payments Landscape…
HBL Microfinance Bank (HBL MfB) has announced its partnership with Special Communications Organisation (SCO) to establish and operate the first-ever Software Technology Park (STP) in Skardu, Gilgit-Baltistan. HBL Microfinance Bank…
ABHI, a growing embedded finance platform in the MENAP region, announces it has made history by issuing Islamic bonds worth PKR 2 billion (US$7.1 million). The bond issue is a…