EconomySBP grants In-Principle Approvals (IPA) to five digital banks. Who are they?
All digital retail banks DRBs now have 12 months to get operationally ready.
Sep 20, 2023
M
Mariam Umar Farooq
The author is a business journalist and a member of the staff. She can be reached at [email protected]
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Economy
EconomyIn the midst of economic challenges, why is the banking sector thriving?
The sector is expected to continue steady performance in the next half too.
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EconomyAfter UBL, Meezan Bank wants to establish an exchange company
It will be the fourth major commercial bank to operate a wholly owned exchange subsidiary
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EconomyWhy is OPay International acquiring FINJA?
OPay claims it has received SBP approval
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HeadlinesUBL is setting up its own exchange company. Here’s why.
UBL’s Board of Directors greenlit the exchange company days after a major crackdown by the central bank.
Sep 12, 2023
FeaturedHow one of Pakistan’s oldest banks cleaned up its act
Despite a dearth of problems ranging from bureaucratic issues to getting banned from engaging in business altogether, the bank managed to stand tall and steered itself from a state of losses to profits
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HeadlinesMashreq set to commence digital banking in Pakistan
The commencement of operations is announced roughly even months following the bank's NOC approval for digital banking in Pakistan
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HeadlinesWill Malik Riaz finally bid farewell to his banking stint?
RMS intends to acquire 87.96% of shares of Escort Investment Bank
Aug 16, 2023
FeaturedThe Islamic banking boom in Pakistan
Religious convictions and a conducive environment propel a surge of Islamic banking in the financial landscape of Pakistan
Aug 14, 2023
FeaturedFresh out of A-levels? UBL has a job for you. But what’s in it for them?
One of the biggest banks of Pakistan is trying to tap into a new pool of talent
Jul 30, 2023
HeadlinesBanking spreads surged to their highest levels since 2004
High-interest rate environment coupled with low-cost deposits and loan book repricing led to an increase in banking spreads
Jul 26, 2023
FeaturedA Year of Surging Trends for the Banking sector
Despite its challenges and shortcomings, the banking sector remained financially stable
Jul 23, 2023