Pakistan’s mystery billionaire
“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him...
Three major banks are up for sale. Who will buy them?
For the first time in Pakistani history, three perfectly healthy and viable banks are simultaneously up for sale. None of them is...
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...
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...
SBP re-launches issuance of fresh currency notes
The service will be provided through 1702 e-branches and 16 SBP offices across Pakistan to ensure maximum geographical coverage.
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.
Consumers lose money amid falling demand for old 100-dollar bills
Moneychangers, banks exploiting situation as regulator looks the other way
FBR seeks info of account holders having deposits above Rs0.5m
The Federal Board of Revenue (FBR) has acquired from the State Bank of Pakistan (SBP) information about bank account holders having deposits...
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...
A bank sold for just Rs1,000. Does it make any sense?
Profit demystifies the controversy over the sale of KASB Bank
FBR rejects revising tax rates for non-filers withdrawing cash over Rs 50,000
ISLAMABAD:Â The Federal Board of Revenue (FBR) on Friday refuted reports regarding revising the tax rates for non-filers withdrawing cash worth over Rs...
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
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...
Rupee regains Rs1.42 interbank, nabs dollar hike
The local currency strengthens on the back of higher inflow of remittance due to Ramadan and the approaching festival of Eid
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...