Telenor Pakistan to part ways with its brainchild Easypaisa
Easypaisa, Pakistan’s first Fintech payment gateway is parting ways with Telenor Pakistan, the company which found it back in 2009 and had...
BankIslami becomes victim of $6.5 million cyber-attack
Transactions of approximately $6 million as claimed by the international payment scheme have been denied by the bank.
Hong Kong-based investment bank returns to Pakistan’s capital markets. But why?
CLSA, a subsidiary of a Chinese state-owned company CITIC, has acquired a stake in Bank Alfalah’s securities trading arm Alfalah Securities
How bank CEOs rake in the big dough
As the curtain coming down on 2017 coincided with his premature exit as CEO of Pakistan’s largest commercial bank, Habib Bank Limited,...
New database developed to help Pakistan out of FATF Grey List
For the past month, banks and other financial institutions in Pakistan have been using a domestic politically exposed persons (PEP) database to...
Ali Jahangir Siddiqui in hot waters once again as NAB expands investigation
Azgard Nine Limited, JS Global, Swiss Bank Julius Baer and Securities and Exchange Commission all alleged in illegal remittances worth €23.75 million.
Easypaisa facilitates customers with bio-metrically verified swift, secure transactions
KARACHI: Pakistan’s first and foremost branchless banking platform Telenor Microfinance Bank’s Easypaisa is helping its customers make safe and secure financial transactions...
Shahbaz Jameel appointed as ZTBL president
In pursuance of the Federal Cabinet’s decision, Muhammad Shahbaz Jameel, a senior banker, has been appointed as the president & CEO of...
Ali Jehangir Siddiqui resigns as chairman of JS Bank’s board of directors
The appointment of Ali Jehangir Siddiqui, prime minister’s special assistant, to such an important position drew strong criticism from some opposition parties as well as career diplomats
The Turnaround King
The career of a banker typically starts from an entry level position and consists of many shifts that include working at a...
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...
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...
FIA registers fraud case of Rs55mn against 7 employees of private bank
DASKA:Â Federal Investigation Agency (FIA) has registered a Rs55 million fraud and embezzlement case against as many seven accused officials of a private...
Forex update: Pakistan’s forex reserves stand at $16,722.8mn
LAHORE: According to a notification issued by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country...
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