PTI finalises a revamped version of PML-N’s youth loan scheme
ISLAMABAD:Â The Imran Khan led Pakistan Tehreek-e-Insaf (PTI) government has decided to launch a revamped version of the Prime Minister's youth loan scheme,...
IDB reiterates commitment to Pakistan’s socio-economic uplift
ISLAMABAD:Â Islamic Development Bank (IDB) President Dr Bander M H Hajjar has said that IDB Group's relationship with Pakistan spanned over 40 years...
Faysal Bank planning 200 new branches in Pakistan
As banks around the world shut branches and lay off tellers, Pakistan’s Faysal Bank is headed in the opposite direction in the...
IMF man to head State Bank of Pakistan
IMF's resident director for Egypt Dr Reza Baqir appointed as governor of central bank for three years
Dr Ahmed Mujtaba Memon...
Govt fixes Nisab-e-Zakat at Rs44,415
The Ministry of Religious Affairs and Interfaith Harmony has fixed Nisab for deduction of Zakat from the bank accounts for the lunar...
IDB committed to enhancing economic cooperation with Pakistan
ISLAMABAD:Â Islamic Development Bank (IDB) President Dr Bandar M H Hajjar said on Thursday that the bank would extend all possible cooperation for...
Bank AL Habib’s profit before tax increases 30.5pc in 1st quarter
The Board of Directors of Bank AL Habib Limited announced the financial results for the period ended March 31, 2019.
As per the...
BankIslami posts Rs251m profit after tax in 1st quarter 2019
The Board of Directors (BoD) of BankIslami has approved the bank's first quarter financial statements for the period ended March 31, 2019.
The...
HBL collaborates with Visa to launch QR payments service in Pakistan
HBL, Pakistan's leading bank in the digital space, and Visa, the world leader in digital payments, have collaborated to launch Visa on...
MCB Bank reports 24pc growth in profit before tax
The bank declares an interim cash dividend of Rs4 per share for the 1st quarter of 2019
The Board of Directors of...
HBL’s profit increases 14pc to Rs8.4bn in 1st quarter 2019
HBL on Wednesday declared a consolidated profit after tax (PAT) of Rs3.2 billion with earnings per share of Rs2.08 for the first...
Govt mulls relocating deposits worth Rs1.9tr
Speculations suggest that IMF has advised the govt to do so in order to avoid the alleged misuse of govt funds
KARACHI:Â The...
FATF asks Pakistan to document, regulate gold markets
The Financial Action Task Force (FATF) has asked Pakistan to track, document, and regulate all gold markets in a bid to crackdown...
Financial inclusion for women stands at 9pc in Punjab: PCSW survey
ISLAMABAD:Â In Punjab only nine per cent of women have accounts at banks or other financial institutions whereas 24 per cent men have...
SECP issues fresh guidelines on anti money laundering, terror financing
ISLAMABAD: As Pakistan needs to meet conditions of the Financial Action Task Force (FATF) by June 2019, the Securities and Exchange Commission of...