SBP, IFC to help increase lending to SMEs
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SBP, IFC to help increase lending to SMEs

KARACHI: The State Bank of Pakistan (SBP) and International Finance Corporation (IFC), a member of…

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Common man’s home auctioned if he defaults: CJP
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Common man’s home auctioned if he defaults: CJP

ISLAMABAD: Taxpayers’ money is used to run big industries and businesses, while common man’s home…

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HSBC, Goldman and SocGen managed Libyan money
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HSBC, Goldman and SocGen managed Libyan money

LONDON: Goldman Sachs and HSBC together held $335 million of the Libyan oil fund’s assets,…

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ADB to support Pakistan for Diamir Bhasha Dam construction
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ADB to support Pakistan for Diamir Bhasha Dam construction

ISLAMABAD: The Asian Development Banks mission led by Mr. Juan Miranda Director General Central West…

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ADB invests in Climate Change Technology Venture Capital Funds
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ADB invests in Climate Change Technology Venture Capital Funds

ISLAMABAD: The Asian Development Bank (ADB) is investing $60 million to help set up three…

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SBP’s directive to banks
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SBP’s directive to banks

KARACHI: The State Bank of Pakistan (SBP) has advised the banks/ DFIs to make 40…

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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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Grameen Bank founder Muhammad Yunus quits top post
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Grameen Bank founder Muhammad Yunus quits top post

The founder of the pioneering Bangladeshi micro-lending Grameen Bank is standing down as its head…

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Govt borrowed Rs 472 trillion from SBP
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Govt borrowed Rs 472 trillion from SBP

According to the SBP, government borrowed Rs 472 trillion from the bank to meet expenditures.According…

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Fauji Cement’s new plant comes online
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Fauji Cement’s new plant comes online

LAHORE: Fauji Cement’s new cement plant having a clinker capacity of 7200 tonnes per day…

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Expatriates remit over $1bn for second consecutive month: SBP
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Expatriates remit over $1bn for second consecutive month: SBP

KARACHI: Overseas Pakistanis remitted over $1 billion for the second consecutive month. They remitted $1,030.42…

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Kardar for less reliance on SBP’s borrowing
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Kardar for less reliance on SBP’s borrowing

ISLAMABAD: State Bank of Pakistan (SBP) Governor Shahid Hafiz Kardar on Tuesday cautioned that reliance…

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DIBPL launches ‘cash manager account’
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DIBPL launches ‘cash manager account’

KARACHI: Dubai Islamic Bank Pakistan Limited (DIBPL) has launched the first ever ‘Cash Manager Account’…

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Concrete steps to develop agriculture sector,says ZTBL chief
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Concrete steps to develop agriculture sector,says ZTBL chief

ISLAMABAD: Concrete steps are being taken to improve the agriculture sector and in this regard,…

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Bangladesh’s Yunus loses final legal battle
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Bangladesh’s Yunus loses final legal battle

DHAKA: Bangladesh’s Supreme Court on Thursday dismissed a final attempt by Nobel-winning microfinance pioneer Muhammad…

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