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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New chairmen for two Dubai banks
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New chairmen for two Dubai banks

DUBAI: His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the…

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SBP extends limits under EFS, IERS & LTFF Scheme
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SBP extends limits under EFS, IERS & LTFF Scheme

KARACHI: The State Bank of Pakistan (SBP) has extended the limits sanctioned by banks to…

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Meezan Bank to launch Shariah Compliant Capital Protected Fund
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Meezan Bank to launch Shariah Compliant Capital Protected Fund

KARACHI: Meezan Bank and its subsidiary Al Meezan Investment Management Limited (Al Meezan) are jointly…

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HSBC Saudi Arabia named best investment bank
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HSBC Saudi Arabia named best investment bank

RIYADH: HSBC Saudi Arabia, the investment arm of The Saudi British Bank (SABB), has been…

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Capital One to buy ING online bank
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Capital One to buy ING online bank

SBP, Banks, SCI-Pak to develop network to address financial needs of SMEs
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SBP, Banks, SCI-Pak to develop network to address financial needs of SMEs

KARACHI: The State Bank of Pakistan, commercial banks and SCI-Pak may jointly develop an Energy…

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NBP opens branch in Riyadh
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NBP opens branch in Riyadh

KARACHI: Governor SAMA Dr Muhammad Bin Suleiman Al Jasser has inaugurated the first branch of…

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Chancellor to call for retail banks to be ring-fenced
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Chancellor to call for retail banks to be ring-fenced

Chancellor George Osborne is to force banks to ring-fence their retail operations from investment banking.In…

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IMF shortlists Christine Lagarde and Agustin Carstens
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IMF shortlists Christine Lagarde and Agustin Carstens

The International Monetary Fund (IMF) has shortlisted two candidates to take over as its managing…

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SBP withdraws licence of exchange firm
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SBP withdraws licence of exchange firm

KARACHI: The State Bank of Pakistan (SBP) on Monday debarred Al-Qaim Money Exchange Company-B (Pvt)…

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Israel’s Fischer in race for top IMF job
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Israel’s Fischer in race for top IMF job

JERUSALEM: Bank of Israel Governor Stanley Fischer announced on Saturday he was in the race…

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Remittances cross $10bn mark first time in country’s history
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Remittances cross $10bn mark first time in country’s history

KARACHI: The remittances sent home by overseas Pakistani workers have crossed $10 billion mark for…

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Citi confirms data breach at Citi Account Online
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Citi confirms data breach at Citi Account Online

Bangalore – Citigroup Inc confirmed a computer breach at Citi Account Online, giving hackers access…

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