Escorts Investment Bank has been up for sale for a while
Govt commits to send both banks into “resolution” if longstanding capitalization problems are not sorted by March 2023
Implementation of the new accounting standard would negatively affect the profitability of financial institutions due to a hike in provisioning for loan default risk
Yes the banks are being greedy here. But then again, they’re banks. They’re supposed to be greedy
Buying a bank is one of many steps in making it big in Pakistan. Will Salman Iqbal succeed?
And what will the accounts manage to do for Pakistan’s financial inclusion numbers
As the microfinance banking model becomes increasingly unviable, players in the industry are reassessing their options
In the recent staff report published by the IMF, two private sector banks were specifically highlighted. Why? And how do they plan on dealing with this?
Even with digital banking on the rise, some banks are focusing on classic brick and mortar branches
The company was pinning hopes on a restructuring deal with its lenders, but with the FIA dossier now out, would the banks dare pursue this deal any further?
If a ‘bank’ created for ‘women’, fails to either serve women, or function as a viable commercial bank, then why should it...
The Auditor General of Pakistan (AGP) in a meeting with National Bank of Pakistan (NBP) has clarified that the audit report sent...
ISLAMABAD: National Database and Registration Authority (NADRA) has awarded the mandate for the deployment of Point-of-Sales (POS) terminals to HBL for the...
A set of traditional and non-traditional buyers are lining up to make their bid for Pakistan’s smallest bank
Banks will do what’s best for their profits. Shouldn’t the government and SBP be more prudent?