SBP to increase low cost housing finance portfolio
ISLAMABAD: The State Bank of Pakistan (SBP) has targeted in its newly formulated policy to increase housing finance portfolio of banks and...
UBL issues clarification against its president being placed on ECL
KARACHI: Recently, a false impression has been created in certain sections of the media that the President and CEO of UBL has...
Finance, climate change ministers, highlight causes and impact of urbanisation
ISLAMABAD: In the launching ceremony of the State of Pakistani Cities report under the agenda of 'Role of Cities in National Economic...
Market Daily:Â Ongoing rally sees KSE-100 rake in 2,130 pointsÂ
The Pakistan Stock Exchange (PSX) continued its winning streak as the equity market stretched Wednesday’s rally, gaining 898 points (2.19 per cent) to close the day at 41,796.
State Bank proposes landmark policy to promote low-cost housing finance
KARACHI: The State Bank of Pakistan (SBP), after consultation with relevant stakeholders, has developed a draft policy for the promotion of low-cost...
Dollar rises to 128.75 as Rupee devaluation persists
KARACHI: The devaluation of the local currency against the US dollar continued in the interbank market on Tuesday as the greenback soared...
SECP concludes introduction of regulatory regime for valuers
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has concluded its efforts to introduce a regulatory regime for the registration and...
SBP directs banks to obtain 100pc cash margins on commodity imports
KARACHI: The State Bank of Pakistan (SBP) on Monday directed all banks to obtain 100 per cent cash margins on the import...
Rupee second worst performing currency in the world
KARACHI: The Dollar today gained about 6.45 rupees in the interbank market as the interim government let the rupee slide deeper into...
Market Daily: KSE 100 falls 605 points falling below 40k mark
LAHORE: In the aftermath of central bank increasing its policy rate ahead of a tense national vote to 7.5 per cent from...
PKR–US$ exchange rate adjusts in the interbank market
KARACHI: The Rupee-Dollar exchange rate in the interbank market closed at Rs128.0 per US dollar against the closing level of Rs121.55 per...
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
SBP raises key interest rate by 100 basis points to 7.5 percent
This is the third rise in the key interest rate since the start of 2018, indicating an increase in inflationary pressure and the current account deficit which is weakening the country’s economy
Dollar-denominated bond investors seek govt permission to trade them at PSX
Security Exchange Commission of Pakistan (SECP) permission is necessary for listing the bonds at the stock exchange
Fed asks United Bank to strengthen anti-money laundering policies
No civil penalty has been imposed on UBL, read the stock market notification