Zong, Askari Bank announce branchless banking service
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Zong, Askari Bank announce branchless banking service

KARACHI: Zong, the country’s fastest growing cellular network, and Askari Bank Limited has announced the…

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UK banks should face threat of being broken up: FSA
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UK banks should face threat of being broken up: FSA

LONDON: Britain’s banks should be forced to fully separate their retail arms from investment banking…

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SBP issues instructions to improve transparency in IBIs
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SBP issues instructions to improve transparency in IBIs

KARACHI: The State Bank of Pakistan (SBP) has issued detailed instructions for Profit and Loss…

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BoE’s Miles more scope for QE if growth stays weak
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BoE’s Miles more scope for QE if growth stays weak

LONDON: Britain’s central bank still has the firepower to boost a sluggish economy and has…

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NBP to open its branch in Sri Lanka
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NBP to open its branch in Sri Lanka

ISLAMABAD: Sri Lankan’s delegates visited to National Bank of Pakistan (NBP) under the leadership of…

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SBP Deputy Governor asks microfinance banks to expand access to financial services in Pakistan
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SBP Deputy Governor asks microfinance banks to expand access to financial services in Pakistan

KARACHI: The Deputy Governor, State Bank of Pakistan (SBP), Kazi Abdul Muktadir has expressed the…

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Banks’ combined profits jump 24% in 9 mths of 2012
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Banks’ combined profits jump 24% in 9 mths of 2012

  KARACHI: The listed banks have posted combined net profit Rs 93.7 billion in nine…

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Barclays bank falls into net loss on vast charges
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Barclays bank falls into net loss on vast charges

LONDON: British bank Barclays, which was rocked by a rate-rigging scandal earlier this year, said…

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SBP to buy govt paper
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SBP to buy govt paper

KARACHI: SBP said it would buy government paper from commercial banks on Tuesday in a…

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BOK earns Rs1.181bn profit before tax by September, 2012
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BOK earns Rs1.181bn profit before tax by September, 2012

PESHAWAR: The Bank of Khyber (BOK) earned Rs.1.181 billion profit before tax for the period…

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Gulf Islamic banks to step in as HSBC pulls back
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Gulf Islamic banks to step in as HSBC pulls back

Four days after HSBC Holdings said it would shrink its global Islamic banking operations, National…

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SBP takes steps to ensure ATMs uninterrupted functioning
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SBP takes steps to ensure ATMs uninterrupted functioning

KARACHI: The State Bank of Pakistan Banking Services Corporation (SBP BSC) has set up Customer…

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What branchless banking needs!
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What branchless banking needs!

The exponential growth in the four-year old branchless banking sector has surprised many.

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SBP issues auction target calendar for sale of PIBs
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SBP issues auction target calendar for sale of PIBs

KARACHI: The State Bank of Bank (SBP) here Thursday issued auction target calendar for sale…

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SBP to buy govt paper in reverse repo
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SBP to buy govt paper in reverse repo

KARACHI: State Bank of Pakistan (SBP) said it would buy government paper from commercial banks…

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