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
Standard Chartered is by far the most cost-efficient bank in Pakistan. But should this be celebrated?
While the bank has become cost-effective, it has come at the cost of stagnant growth in deposit mobilisation
Is MDR creating a two-tiered banking system?
Recent results show how the banking sector differs for different participants
No plan to change banknotes from paper to plastic: SBPÂ
Central bank categorically refutes the news about the issuance of polymer banknotes
SBP launches probe into circulation of misprinted currency notes
Karachi bank branch discovers defective currency; SBP assures public of rigorous security features
What lies ahead for Muhammad Aurangzeb?Â
The new finance minister faces the toughest negotiation of his career as he takes the driving seat.Â
In a remarkable act of national service, Muhammad Aurangzeb steps down as President & CEO – HBL
Muhammad Nassir Salim, currently the Chief Operating Officer of HBL will assume the responsibilities of President & CEO of the bankÂ
Moody’s changes outlook to stable for the banking sector
The view comes on the back of macro challenges which are expected to ease in the coming year
SBP injects Rs7.63trn into market through OMOs
Rs 7.51 trillion was injected through reverse repo, Rs 120.5 billion through modaraba-based OMO
Moody’s upgrades outlook on Pakistan’s banking sector to stable Â
Agency anticipates the country's economy will grow by 2% in 2024, with inflation expected to decrease from 29% to 23%
Has UBL paved the way for other banks to maximize arbitrage opportunities?
The recent financials of the banking juggernaut unveil a significant risk appetite
UAE’s BUNA payment system to expand, including new currencies
The UAE-based BUNA, a cross-border payment platform, is set to broaden its reach by incorporating currencies from Pakistan, India, China, and various...
The rate cycle has pulled the plug on private credit. Is there any recourse?
High policy rate deter private sector borrowing while banks divert liquidity towards government securities
High profits expected for banking sector on back of interest rateÂ
Bank Alfalah has registered an increase of 123% in EPS since last year. Others may see similar growth
Driven by historic growth in deposits, MCB posted highest ever Profit Before Tax of Rs. 125.2bn (+75%) for the year 2023
The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on February 06,...