Banks introduce fees on large deposits to meet lending targets, avert tax
FBR considers levy on banks if private sector loans drop below 50% of deposits by year-end
Banks are starting to charge a monthly fee on high value deposits. How will it work and who will it affect?
A number of banks have introduced a new monthly fee targeting high-value deposits. This will help them reduce deposits and improve their advance-to-deposit ratio (ADR). This is how it will work.Â
Cyberattacks surge by 114% in Pakistan’s financial sector in 2024
Rising malware, ransomware, and spyware attacks highlight urgent need for strengthened cybersecurity measures
Telenor Microfinance Bank secures $10mn equity boost, Easypaisa gears up for digital banking launchÂ
Shareholders reaffirm commitment to financial inclusion as TMB posts 374% YoY profit growth Â
Court temporarily halts 15% additional tax on banks failing to meet lending targets Â
Nearly a dozen banks seek relief from IHC, arguing against the tax introduced in the budget Â
Banking Ombudsman reduces response time for bank complaint resolution to 30 days
New guidelines aim to expedite customer redressal; Ombudsman advises caution on fraud calls
Samba Bank sale process terminated yet again
Saudi National Bank halts sale of Samba Bank stake in Pakistan
No, the SBP is not conducting its consumer confidence survey over Whatsapp. What exactly are they doing then?
The SBP uploaded what seemed like the inflation survey questionnaire to its Whatsapp channel, hastily made changes to it, and then said it wasn’t sure why they did it in the first place.
Silkbank accords in-principle approval for merger with UBLÂ
Seeks regulatory and shareholder approvals for potential mergerÂ
The govt is becoming increasingly sophisticated about debt management. Is it too little too late?
The 2024 fiscal numbers reveal a transient debt management strategy driven by enhanced liquidity. But eventual success rests on long term reforms and global economic conditions
UBL proposes merger with Silkbank, offers share swap deal
UBL offers to issue new ordinary shares to the shareholders of SilkbankÂ
Bank Makramah secures Rs5 billion investment to meet regulatory capital requirements
Abdulla Nasser Abdulla Hussain Lootah will provide capital to ensure compliance with State Bank's capital mandate
With new regulation and licences, what are the implications for branchless banking?
JazzCash and Easypaisa dominate branchless banking, but then why are they keen on gaining licences to be ‘digital banks’?
SBP injects Rs4.26trn through conventional, Shariah-Compliant OMOs
Major liquidity injection includes Rs23 billion under Shariah-compliant Mudarabah OMO
Paper based transactions decline in volume for the second consecutive year
Retail payments hit 6.4 billion transactions in FY24, fueled by mobile banking, Raast, and a shift toward digital convenience