Summit Bank’s annual results – three years later
The notifications tell us nothing new about the bank, so why all the secrecy?
HBL, DIBPL join hands to become lead advisors, arrangers for Eighteen
Karachi: HBL and Dubai Islamic Bank Pakistan Limited (DIBPL) joined hands as mandated lead advisors and arrangers for Eighteen (Elite Estates Pvt....
BankIslami’s North Korean entanglement featuring Seth Rogen and the English Premier League
Yes, you read that right, and you’re going to want to keep reading on
SBP awards Finja EMI license
The State Bank of Pakistan (SBP) recently granted Finja commercial approval for the EMI (Electronic Money Institution) License. Finja had earlier become...
Next Capital repeats the year 2017
In 2021, brokerage income stands at around 85% of total operating revenue, while investment banking only makes up 15%.
HBL marks 50th anniversary of Karachi’s iconic HBL Plaza
KARACHI: HBL, Pakistan’s largest private sector bank will mark the 50th anniversary of its iconic HBL Plaza building on September 4th 2021.
The...
UBL presents better than expected half year results
Despite having less revenue during this period than in last year, UBL has a spectacular showing
Askari Bank gets new president
The former UBL CEO adds Askari to his long resume
What’s your credit history?
How Pakistan needs to help out its credit bureaus - for its own good
UBL discards its little known Swiss subsidiary
That’s right, UBL had a Swiss subsidiary since 1967
Why the SBP has JazzCash and EasyPaisa on their toes
While the state bank’s intentions behind slashing IBFT charges on small transactions are noble, the consequences might be different
SBP has slashed IBFT charges on small transactions and JazzCash and EasyPaisa are worried
LAHORE: Effective July 1 this year, the State Bank of Pakistan (SBP) has decided to continue fee waivers on inter-bank fund transfers...
The banking industry’s exceptionally good first quarter
A combination of increased deposits and declining provisioning expenses have resulted in spectacular quarterly financials
Pakistani banks don’t lend to the private sector. For good reason
Banks are at a loss at how to deal with bad faith actors defaulting away – along with a sloth like judiciary that allows them to get away
Baby boomers next to jump into crypto, Galaxy Digital’s Novogratz predicts
LONDON: Wealthy baby boomers will be the next generation to jump into cryptocurrencies as they become more mainstream, potentially bringing billions of...