President of FPCCI – the country's apex body – Mr. Irfan Iqbal Sheikh, has categorically apprised the government that Pakistan's entire business, industry and trade community has refused to accept…
At today's meeting, the Monetary Policy Committee (MPC) increased the policy rate by 100 basis points to 21 percent. The MPC noted that inflation in March 2023 rose further to…
Meezan Bank, Pakistan's leading Islamic bank, has surpassed USD 1.5 billion in deposit inflows under Roshan Digital Account (RDA). The State Bank of Pakistan launched RDA in collaboration with various…
The total liquid foreign reserves held by the country stood at US$ 9,815.9 million as of 24-Mar-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
Bank Alfalah, a leading commercial Bank in Pakistan and SAWiE, a digital platform offering smart farm advisory services to smallholder farmers, signed an MoU to promote climate-smart agriculture practices within…
SBP's next Monetary Policy Committee (MPC) meeting will be held on the 4th of April, 2023. In order to gauge the view on monetary policy outlook, Topline Research polled key…
Meezan Bank, Pakistan's leading Islamic bank and PaySa, a fintech startup specializing in digital payments, have partnered to enable Point of Sale (POS) payment services to tap into the country's…
NdcTech, a premium technology services firm transforming banks and financial institutions globally has successfully modernized the core banking system of Samba Bank onto the latest release of Temenos Transact. Samba…
Bank Alfalah, one of the leading commercial banks in Pakistan, has announced Instant Credit Card (ICC). Instant Credit Cards offer a completely automated digital application journey that allows both liability…
Standard Chartered Bank (Pakistan) Limited (SCBPL) has launched Pakistan's First Sustainable Trade Export LC Programme. SCBPL is supporting Louis Dreyfus Company (LDC) export cotton sourced through the world's leading cotton…
The total liquid foreign reserves held by the country stood at US$ 10,139.2 million as of 17-Mar-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
During the ensuing holy month of Ramadan-ul-Mubarak 1444 AH, the following office hours will be observed in the State Bank of Pakistan, which will also be followed by all banks,…
Bank ABC, one of MENA's leading international banks, has signed agreements with Temenos and NdcTech to replace its core banking systems for its retail, corporate and wholesale businesses and power…
Meezan Bank, Pakistan's leading Islamic Bank and one of the largest banks in the country has been recognized as the global winner of 'Best Islamic Retail Bank' for 2022, by…
The State Bank of Pakistan will remain closed for public dealing on Friday, March 24, 2023, which shall be observed as a 'Bank Holiday' for deduction of Zakat since 1st…
As per the latest data compiled by SBP in Feb'23, the current account recorded a deficit of USD74mn as compared to USD230mn in Jan'23, signifying an improvement of 68%MoM (USD156mn),…
HABIBMETRO BANK, held a grand event in celebration of International Women's Day on March 13, 2023, at Area 51, Karachi. The event, which was themed "Embrace Women, Embrace Equity," aimed…
Aktkar Fuiou Technologies (AFT) has signed an agreement with Mastercard marking its commitment to participate in the Mastercard Community Pass Program. Digitt+, Pakistan's first regulated agri-fintech company, powered by AFT,…
The total liquid foreign reserves held by the country stood at US$ 9,846.8 million as of 10-Mar-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
TPL Corp CEO Mr Ali Jameel met with Finland's Ambassador to Pakistan to strengthen business relations between the two countries. The meeting, which took place at Avari Towers Karachi, is…
Karandaaz Pakistan arranged a webinar on 15th March, 2023 to launch its latest study on The State of Business Taxation in Pakistan – Challenges for SMEs. The report provides detailed analysis…
TPL Life Insurance Limited, Pakistan's 1st InsurTech enterprise in the innovative insurance business, has launched the country's most revolutionary Virtual Life Insurance Agent Learning & Earning Platform – "Muavin." A…
Pakistan: Meezan Bank, Pakistan's leading Islamic Bank, has recently signed a Memorandum of Understanding (MoU) with Fieldfisher Capital LLP (FFC) - a multi-disciplinary advisory service, under which both parties will collaborate to…
Pak-Qatar Takaful is awarded the 12th Annual Corporate Social Responsibility Award in the category of Business Practices at the awards ceremony at the local hotel in Karachi. On behalf of…
Bank Alfalah's e-commerce platform, AlfaMall, has partnered with Muller and Phipps (M&P) to enhance customer product delivery services. Through the partnership, AlfaMall will develop a one-stop shop for customers to…
