Bank of China allowed to commence banking operations in Pakistan
KARACHI: State Bank of Pakistan (SBP), has given approval to the Bank of China Limited (BCL), for commencement of its banking business in...
NAB considering launch of formal investigation to probe KASB amalgamation case
ISLAMABAD: The National Accountability Bureau’s (NAB) executive board is considering conversion of an inquiry into a formal investigation to probe the KASB Bank...
Habib Metro Modaraba set to get listed on PSX
Lahore: Habib Metro Modaraba shares are set to get listed on the Pakistan Stock Exchange (PSX) as its initial public offering starts...
Chinese authority’s issue order to cease Bitcoin trading
Shanghai: Chinese authorities have ordered Beijing-based cryptocurrency exchanges to stop trading and at once notify users of their closure, signaling a widening...
Post penalty HBL appoints ex-SBP governor Ashraf Wathra as consultant international operations
Profit Exclusive
Lahore: Taking cognizance of the negative fallout of its exit from the United States, on top of a hefty US$225 million fine,...
Asset base of Islamic banking industry grew by 8pc during April-June 2017 quarter
Karachi: An Islamic Bulletin Banking report issued by the State Bank of Pakistan on Monday revealed that the asset base of the...
Bitcoin is a sham, says JP Morgan CEO
New York: Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co said on Tuesday.
Speaking...
VMware, Meezan Bank to expand IT Infrastructure through virtualisation
ISLAMABAD
VMware Inc., a global leader in cloud infrastructure and business mobility, has recently signed an agreement with Meezan Bank, Pakistan’s first and...
Silkbank striving to capture digital market: Shaukat Tarin
KARACHI
Advisor to Chairman of Silk Bank Shaukat Tarin, Monday said the Silkbank is striving hard to capture the digital market in Pakistan as the...
2nd Pakistan Banking Awards to be held in Karachi
Karachi
The 2nd Pakistan Banking Awards 2017 will be held this month at a local hotel in Karachi with an aim to highlight...
Robin Hood of the Fintech world
In 2001, in Karachi, he forecast on the cell phone penetration in the country: by 2010 a hundred million people in Pakistan...
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...
Inov8, Flying below the radar
PAKISTAN'S LARGEST FINTECH IS POISED TO CHANGE THE PAYMENT LANDSCAPE OF PAKISTAN
Founder and Co-CEO of Inov8 Limited, Hasnain Sheikh, is a man of...
Banks asset base grew by 8.3pc during April-June says: SBP
Karachi: A quarterly performance review report (April-June) for the banking sector was released by State Bank of Pakistan on Friday which revealed...
Branchless banking deposits grew 95pc during April-June 2017
Karachi: Branchless banking deposits for the April-June quarter went up by 95pc from previous quarter, reported State Bank of Pakistan on Thursday.
As...