Finance Ministry statement rejects resignation news but admits that ‘healthy debates are a part of political culture’
Import growth declined to 5.8% during the first four months (July-October) of FY19 from 26.3% in the same period of last year, indicating an effect of recent tightening measures.
During July-September 2018, the federal government’s overall domestic debt rose to Rs16.9 trillion, increasing by 3% or Rs504 billion
Till September 2018, SBP had obtained $7.22 billion from commercial banks in the aegis of forward and currency swap arrangements
Mr Usmani has been serving at Mashreq Bank and his previous experience includes stints as global head of wholesale banking at Abu Dhabi Islamic Bank PJSC, managing director and country officer of Citibank NA Pakista
SBP on Wednesday issued “Security of Digital Payments’ in order to safeguard banks/MFBs and their customers from potential losses due to cyber-crimes and online banking frauds.
Japanese retailers offering Line Pay services will be able to process payments from the growing numbers of Chinese tourists using Tencent’s WeChat Pay from early next year, Line said
KARACHI: BankIslami on Monday announced that its payment system has been successfully restored and was running absolutely secured."All of the bank's services can now be...
The letter stated the company needs to provide the land mortgage documents in favour of Faysal Bank against the financing sought as security
Mr Usmani has been serving at Mashreq Bank and his previous experience includes stints as global head of wholesale banking at Abu Dhabi Islamic Bank PJSC, managing director and country officer of Citibank NA Pakistan
Under the SECP’s AML regime, the financial institutions in Pakistan are required to report suspicious transactions, currency transactions and fulfil record-keeping requirements, said Ms Habib
In July, UBL had been directed by Federal Reserve Bank of New York (FRBNY) to strengthen its anti-money laundering policies as the regulator criticized it for not doing enough to track dubious transactions
Auditor general had framed allegations against SBP for causing a loss of Rs3.4bn through the merger SBP says no reason to consider fresh...
BankIslami admitted that a major amount had been transferred from it by the hackers based in 45 countries
Profitability of KSE-100 index increased by 0.8% YoY during the third quarter of 2018