SECP issues certificate of incorporation to Bank of Punjab’s exchange companyÂ
An application will be submitted to SBP for issuance of a license to commence operations of BOP Exchange (Private) Limited
SBP slaps over Rs775mn in fines on eight banks, one exchange company
Bank Alfalah faces highest fine of Rs187.652 million for violations in foreign exchange and general banking rules
Banking apps might get worse because of security concerns. How do you strike a balance?
Recent measures to enhance security have rendered mobile banking apps no longer convenient and accessible
Bank Alfalah intends to acquire 84.51% shares of Samba Bank
Saudi National Bank is the principal shareholder of Samba Bank Limited with 84.51%
After its own employees opposed an attempt to sell Samba Bank two years ago, the Saudi-owned bank is up for sale again. Will Bank...
UBL, 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?
SBP injects Rs1.58trn into market through Open Market Operations
Rs1.335 trillion was injected through reverse repo while Rs 250 billion through Shariah-based OMOÂ
In a management reshuffle Standard Chartered picks new investment banking heads for Pakistan, other regions
Rola Abu Manneh will oversee operations in Middle East and Pakistan
Could the textile sector take their bankers down with them?
High financing costs are impeding the ability of multiple sectors to maintain debt servicing.
SBP clears Muhammad Nassir Salim as President, CEO of HBL
Salim replaces Muhammad Aurangzeb after his exit from HBL
Bank Alfalah intends to acquire majority stake in Samba Bank
Eyes 84.51% of Samba Bank in nonbinding offer to its parent Saudi National Bank
SBP extends bank hours for tax collection on March 30-31
NIFT also advised to arrange special clearings on both days to ensure clearing and settlement of payment instruments
State Bank grants licences to two new exchange companies
MCB Exchange Company and HABIBMETRO Exchange Services allowed to commence operations
PSX to delist Bank Alfalah’s Term Finance CertificatesÂ
Decision follows the final redemption of entire principal outstanding and payment of accrued profitÂ
Is the banking sector worse off after the recent macroeconomic developments?
The expectation of monetary easing not materialising is likely to put pressure on commercial banks' interest margins
Bank Alfalah has pumped Rs 1.2 billion into its brokerage subsidiary. Why now?Â
The capital injection comes after Alfalah CLSA's equity turned negative due to a disastrous 2023