Bank profits up as card customers improve payments
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Bank profits up as card customers improve payments

NEW YORK: The top US credit card companies are seeing a boost to their bottom…

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UBL Funds Announces Payouts for Funds
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UBL Funds Announces Payouts for Funds

KARACHI: UBL Fund Managers Limited announced payouts from its open-end funds for the period ended…

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EU bank stress test results due
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EU bank stress test results due

The European Banking Authority (EBA) is set to publish the results of stress tests of…

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NBP to expand online branch network
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NBP to expand online branch network

KARACHI: The National Bank of Pakistan (NBP) plans to expand its online branches to more…

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Silkbank launches Munafa Rozana Savings Account
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Silkbank launches Munafa Rozana Savings Account

KARACHI: The Silkbank has launched a savings account that pays profit in cash on a…

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Banking sector loses 7.7pc market capitalization
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Banking sector loses 7.7pc market capitalization

LAHORE: The performance of the banking companies paints a dull picture, as the sector has…

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Habib Bank growing steadily in UK
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Habib Bank growing steadily in UK

LONDON: Habib Bank is making steady strides in the UK through its consumer friendly strategies…

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SBP asks govt to contain borrowing to check inflation
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SBP asks govt to contain borrowing to check inflation

KARACHI: The State Bank of Pakistan (SBP) has said that fiscal discipline and restrictions on…

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‘Banks to improve internal control procedures for fraudulent cheques’
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‘Banks to improve internal control procedures for fraudulent cheques’

KARACHI: The State Bank of Pakistan (SBP) Saturday advised all banks to assess adequacy and…

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IFC, HBL partner to expand lending to small businesses in Pakistan
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IFC, HBL partner to expand lending to small businesses in Pakistan

ISLAMABAD: International Finance Corporation (IFC), a member of the World Bank Group, is helping improve…

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SBP de-schedules Mybank after merger into Summit Bank
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SBP de-schedules Mybank after merger into Summit Bank

KARACHI: The State Bank of Pakistan (SBP), following the amalgamation of Mybank Ltd (MBL) with…

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France’s Lagarde first woman IMF chief
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France’s Lagarde first woman IMF chief

France’s Christine Lagarde was named the first-ever female chief of the IMF, faced with an…

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Bank holiday on July 1
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Bank holiday on July 1

KARACHI: The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation…

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SBP appoints eleven primary dealers for FY 2011-12
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SBP appoints eleven primary dealers for FY 2011-12

KARACHI: The State Bank of Pakistan (SBP) has appointed eleven Primary Dealers for the next…

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FBR set to introduce gift schemes
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FBR set to introduce gift schemes

ISLAMABAD: Federal Board of Revenue (FBR) is all set to introduce gift schemes under Consumers…

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