Mohsin Ali Nathani appointed President/CEO of Habib Metropolitan bank

LAHORE: Habib Metropolitan Bank Limited in a stock exchange notification on Monday announced the appointment of Mohsin Ali Nathani as President and...

Syed Amir Ali takes over as CEO of BankIslami

In April, BankIslami had announced Syed Amir Ali would be appointed as the new CEO of BankIslami in place of Hasan A. Bilgrami.

PTI finalises a revamped version of PML-N’s youth loan scheme

ISLAMABAD: 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,...

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...

SBP issues directives to banks regarding Assets Declaration Ordinance

KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued directives to all banks to incline their operations to the newly-issued Assets Declaration...

A major cyber attack soon to hit Pakistani banks + 4 other unsettling predictions about digital banking

“Pakistan’s first Unicorn will be a fintech, which will provide a platform play as opposed to a single app,” Planet...

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...

Bank of Punjab is back in the game

GOP promises more funds on top of Rs17 billion already deposited The Bank of Punjab (BOP) has shown a phenomenal recovery in the...

SBP approves reappointment of Imran Maqbool as MCB’s CEO

Prior to joining MCB in 2002, he was associated with local banking operations of Bank of America (BoA) and CitiBank for over seventeen years

Coronavirus: SBP will not issue new currency notes for Eidul Fitr

KARACHI: In view of the coronavirus outbreak, the State Bank of Pakistan (SBP) on Monday announced to not issue fresh currency notes...

CAA deposits Rs5 bn in Ali Jahangir Siddiqui’s JS Bank, violating Finance Division’s rules

ISLAMABAD: In a surprising development, it has reliably been learnt that the Civil Aviation Authority (CAA) has deposited Rs5 billion of funds, which...

Experts believe Dollar may further weaken against Rupee

KARACHI: A crackdown on illegal money exchanges during the last few months and a smooth supply to the Exchange Companies from the...

HBL becomes first bank to offer credit cards through mobile app

HBL has now become the first bank in Pakistan to offer credit cards through its mobile app. According to details shared by the...

Govt mulling to appoint Arif Usmani as NBP CEO: Report

Mr Usmani has been serving at Mashreq Bank and his previous experience includes stints as global head of wholesale banking at Abu Dhabi Islamic Bank PJSC, managing director and country officer of Citibank NA Pakistan

ATM hacking’s cause HBL Rs10 million losses

KARACHI: Bank customers in Karachi have come under duress after reports surfaced a number of ATM users were defrauded after experiencing unauthorized...