First woman to head a major bank in Pakistan?

As per reports Sima Kamil, Head of branch banking at Habib Bank limited (HBL) could become the first woman to head one of the big five commercial...

Is Dewan Yousuf serious or will he hoodwink everyone yet again?

The Group faces a serious credibility crisis as it turns down offers for its cement plants for the umpteenth time – even the lucrative Mega offer – raising doubts about its intent to sell and settle the default.

What happened at Habib Bank in New York?

The Grand Central Terminal in New York is, by some measures, the largest train station in the world, covering 48 acres in the heart...

A bank sold for just Rs1,000. Does it make any sense?

Profit demystifies the controversy over the sale of KASB Bank

Rupee regains Rs1.87 against greenback in inter-bank trading

But the bank officials firmly believed that SBP had intervened in the inter-bank market and the rupee’s recovery against the dollar was artificial and short-lived

Pakistan’s Best-Performing Banks

Pakistani banks have long been criticized for making risk-free money by investing into securities, backed by Government of Pakistan, which remains their single-largest borrower...

Habib Metro shows how (not) to compete against the big boys and win

Habib Metro is a boring, unexciting bank. It’s neither big nor small. Nobody uses its credit card. It won’t serve you if you need...

From JazzCash to Cashless – Hacker steals money from retailers’ mobile accounts

In a recent development that could undermine the government and private sector’s efforts towards financial inclusion, a fraudster siphoned off Rs15 lacs from 22...

The cluelessness of Standard Chartered’s Pakistan strategy

Stand outside the branch of Standard Chartered Bank Pakistan on Karachi’s historic McLeod Road, and it is difficult to escape a sense of history....

Mehreen Ahmed to helm major groups at Bank Alfalah

KARACHI: After Sima Kamil's appointment as Pakistan's first woman President of a big commercial bank earlier this year, today another female was given a...

Sindh Bank and Summit Bank are merging. Who is the real buyer?

Allegations of money laundering and illicit payoffs continue to haunt this transaction, suggesting there may be more than a simple bank merger going on

The return of Husain Lawai’s legal troubles

One of Pakistan’s leading bankers, Lawai’s career continues to be dogged by allegations of money laundering and illegal activities

PTI’s economic team to be largely Karachi-centric

The appointments of heads of key financial institutions are also expected to be from Karachi, the economic hub of the country.

Three candidates shortlisted for Bank of Punjab’s president slot

ISLAMABAD: The Punjab government has shortlisted the candidates against the vacant position of Bank of Punjab (BoP) president.Sources said that former National Bank of Pakistan...

Rupee depreciates to Rs118 against US dollar amid economic strains

LAHORE: The rupee depreciated Rs7.5 against the US dollar to Rs118.0 in the inter-bank market on Tuesday morning compared to its closing rate of...

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