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
Telenor Microfinance Bank secures $10mn equity boost, Easypaisa gears up for digital banking launchÂ
Shareholders reaffirm commitment to financial inclusion as TMB posts 374% YoY profit growth Â
Court temporarily halts 15% additional tax on banks failing to meet lending targets Â
Nearly a dozen banks seek relief from IHC, arguing against the tax introduced in the budget Â
Banking Ombudsman reduces response time for bank complaint resolution to 30 days
New guidelines aim to expedite customer redressal; Ombudsman advises caution on fraud calls