SBP directs banks to replace OTP with TPIN for digital transactions
The measures aim to strengthen digital payment security
UBL CEO secures 6.39 million shares, strengthens personal stake in the bank
Total shareholding reaches 38.09 million, representing 3.11% of UBL
Banks lend Rs2.2tr to avoid incremental tax under ADR target
Private sector receives Rs997bn; NBFIs secure Rs1.1tr in 5 months
PM forms high-level committee to review tax on ADR and bank profits
Dar-led panel to assess fiscal framework, propose alternatives for ADR-related tax; report to be presented to PM by end of December
SBP injects Rs9.6 trillion via conventional, Shariah-based OMOs
Central bank accepts bids for 7-day tenor at returns of up to 15.10%
Pakistani banks lag behind in financial literacy, engagement mechanisms: report
Fair Finance Asia highlights gaps in inclusion, transparency, and ESG mechanisms
Banking sector’s gross ADR rises to 47%
Nineteen percent increase in gross advances marked over the corresponding period
UBL announces amalgamation with Silk Bank under share swap arrangement
Under the plan, each share of UBL, will be exchanged for 325 shares of Silk Bank
Banks inject record Rs1 trillion into NBFIs to meet ADR targets
Infusion is 130% higher than the total stock of NBFI credits
Meezan Bank wins ‘Best Bank of Pakistan’, BOP claims two of seven awards
HBL clinched "Best Bank for SMEs" and Mobilink Microfinance Bank declared "Best Microfinance Bank"
SBP injects Rs2.35 trillion into market through OMOs
Central bank accepts Rs2.1 trillion in reverse repo operations; Rs250 billion injected via Shariah-compliant Mudarabah OMOs
SBP has changed its stance on MDR; here is what you need to know
Institutional depositors to negotiate their own rates, Islamic Banks mandated to give better returns
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