Jobs in privatized banks occupied by elite class: Junaidi
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Jobs in privatized banks occupied by elite class: Junaidi

KARACHI: Alleging that the people from elite class were occupying jobs in privatized commercial banks…

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Moody’s downgrades 15 major banks
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Moody’s downgrades 15 major banks

The credit ratings agency Moody’s has downgraded 15 global banks and financial institutions. The UK…

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Branchless banking expansion continues with momentum
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Branchless banking expansion continues with momentum

KARACHI: Branchless banking has seen another quarter of growth on almost all fronts as agents’…

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Up to Rs 5 million credit card, personal loan limits allowed
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Up to Rs 5 million credit card, personal loan limits allowed

KARACHI: State Bank of Pakistan (SBP) has allowed banks/Development Finance Institutions (DFIs) to assign clean…

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Waseela Bank, Adamjee Life sign partnership agreement
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Waseela Bank, Adamjee Life sign partnership agreement

ISLAMABAD: Waseela Microfinance Bank, subsidiary of Orascom Telecom Holdings and a sister concern of Pakistan…

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India ranks 55th on foreign money in Swiss banks
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India ranks 55th on foreign money in Swiss banks

NEW DELHI: Indians’ money in Swiss banks may have risen for the first time in…

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SBP set to introduce TUFS to facilitate textile industry
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SBP set to introduce TUFS to facilitate textile industry

LAHORE: State Bank of Pakistan (SBP) is set to introduce the Technology Up-gradation Fund Scheme…

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Give priority to SME banking, SBP tells banks
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Give priority to SME banking, SBP tells banks

KARACHI: State Bank of Pakistan stressed upon the banks to give top most priority to…

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Meezan Bank celebrates 10 years of Islamic Banking in Pakistan
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Meezan Bank celebrates 10 years of Islamic Banking in Pakistan

KARACHI: Sheikh Ebrahim bin Khalifa Al-Khalifa Chairman of Meezan Bank, Pakistan’s first and largest Islamic…

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Vatican Bank chief Tedeschi dismissed
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Vatican Bank chief Tedeschi dismissed

The director of the Vatican Bank, Ettore Gotti Tedeschi, has been removed from his post…

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Islamic banks advised to distribute their profit on Islamic principles
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Islamic banks advised to distribute their profit on Islamic principles

KARACHI: Speakers at the 1st Islamic Finance Expo and Conference have asked Islamic banks to…

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SBP to IBAN standard in Pakistan
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SBP to IBAN standard in Pakistan

KARACHI: The State Bank of Pakistan (SBP) has decided to implement International Bank Account Number…

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SBP amends rules for banks and DFIs
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SBP amends rules for banks and DFIs

KARACHI: State Bank of Pakistan (SBP) has made amendments in Prudential Regulations (PR) for corporate/commercial…

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Khushhalibank to embark financing in new fiscal year: Ghalib
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Khushhalibank to embark financing in new fiscal year: Ghalib

ISLAMABAD:  Khushhalibank, after unsung success story of microfinancing, has worked out new strategy to embark…

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Forex reserves improves to $ 16.435bn
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Forex reserves improves to $ 16.435bn

KARACHI: Country’s foreign exchange reserves have improved by $ 13 million to around $ 16.435…

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