SECP agrees to country’s first Private Equity Fund

The Securities and Exchange Commission of Pakistan (SECP) has given go-ahead to the country’s  first private equity and venture capital fund worth $100m under...

Easypaisa No.1 in Branchless banking: SBP

 According to figures released by the State Bank of Pakistan for branchless banking (BB), Easypaisa retained its number one position with 9.1m accounts and...

Digital Era: Digital banks to materialise soon, claims SBP

An officical of the State Bank of Pakistan (SBP) has claimed that Pakistan will soon have digital banks across the country. The SBP is...

Standard Chartered exceeds one year target for Goal beneficiaries

'Goal' is Standard Chartered’s leading education programme that provides financial literacy, life skills and employability training to low-income adolescent girls across its footprint. Since the...

JS Bank collaborates with Dewan Motors to offer luxury car financing

According to a press release, JS Bank and Dewan Motors (BMW Pakistan) have inked a Memorandum of Understanding to offer on-demand luxury car financing...

SBP reviews blockchain technology to protect electronic financial transactions from cyber crimes

The State Bank of Pakistan (SBP) is currently studying blockchain technology solution model to be adopted by central and commercial banks, as banks the...

MoU signed on interest free loans for women

Special Assistant to Chief Minister Sindh on Women Development Mrs Iram Khalid visited the Sindh Bank and met with the President and CEO of...

SBP revises PR for housing finance

The State Bank of Pakistan on Tuesday made some changes in the Prudential Regulations for Housing Finance and directed all banks and DFIs to...

Govt asked to reform SBP, PSEs

The Pakistan Economy Watch (PEW) on Sunday said the government should provide autonomy to the State Bank of Pakistan (SBP) and install professional management...

Pakistan banks’ profits grow due to deposits, lending rise

Commercial bank profits are rising in Pakistan on bigger volumes, enlarging transactions and growing businesses. Overall deposits of all commercial banks stood at Rs10,726.66 billion...

NBP terms unauthorised bank account allegations ‘baseless’

The National Bank of Pakistan (NBP) has categorically refuted the recently referenced allegations of Shaheed Zulfiqar Ali Bhutto Medical University (SZABMU) money managed through...

SBP inks agreement on BPA with Irani bank

An agreement on Banking and Payment Arrangement (BPA) has been signed between State Bank of Pakistan (SBP) and Bank Markazi Jomhouri Islami Iran (BMJII)...

SBP directs commercial banks to encash NDRP of depositors

The State Bank of Pakistan (SBP) Wednesday directed all the commercial banks to facilitate the claimants and encash the deposits after due verification in...

Sadia’s book on corporate governance an invaluable addition: SBP governor

Honorary Consul General of Finland and Corporate Governance Specialist Ms Sadia Khan called on Governor State Bank of Pakistan Ashraf Mahmood Wathra and presented...

TerraBiz, PricewaterhouseCoopers organise DigiBAP ’17

On Wednesday, April 12, more than 250 professionals from banking, telecom and fintech sector attended Digital Banking and Mobile Payments (DigiBAP) Summit 2017. The...

Popular News

S*th–The Four Letter S-word In Corporate Pakistan

We would like to state at the outset that we do not condone the worst attributes of seth culture in companies. Treating employees like...

Too little, too late