FeaturedChanges to look out for in the banking sector for the next fiscal year
Banks to pay higher effective taxes as the government disallows provisions to be treated as expenses
The author is a business journalist and a member of the staff. She can be reached at [email protected]
FeaturedBanks to pay higher effective taxes as the government disallows provisions to be treated as expenses
FeaturedMicrofinance in Pakistan is in dire straits and has become a bit of a ticking time bomb because of the high risk of loan defaults and Covid era damages
FeaturedThe bank’s profitability has taken a hit post corrective measures initiated on SBP’s behest
FeaturedUnchanged cost of funds coupled with declining yield on assets put pressure on bank’s income
FeaturedThe Pakistani rupee has largely been stable in the recent months. But rising oil prices amidst war in the Middle East pose a challenge to currency
FeaturedRecent measures to enhance security have rendered mobile banking apps no longer convenient and accessible
FeaturedUBL, Meezan Bank, Askari Bank, and Fatima Fertiliser among others had sought to buy the Samba. Will Bank Alfalah succeed where all of the others failed to close the deal?
HeadlinesMPC maintains the policy rate at 22% for the sixth time in line with market expectations
FeaturedWhile the bank has become cost-effective, it has come at the cost of stagnant growth in deposit mobilisation
EconomyProfit presents arguments both for, and against a rate cut
HeadlinesThe central bank has released the MPC schedule, and the market is eagerly anticipating the decision on the policy rate
FeaturedDomestic debt has increased by more than 6 times between 2011 and 2023