Consumers lose money amid falling demand for old 100-dollar bills

Moneychangers, banks exploiting situation as regulator looks the other way

NBP earns Rs 6.1bn in April-June 2016

National Bank of Pakistan (NBP) Friday announced its consolidated earnings of Rs 6.1 billion (EPS Rs2.8) for April-June 2016 as compared to...

MCB all set to acquire NIB Bank

MCB Bank has completed the due diligence for acquiring NIB Bank Limited. The acquisition is being made in order to scale-up operations...

SECP introduces non-banking microfinance regulatory framework

The Security Exchange Commission of Pakistan (SECP) has filled up the regulatory vacuum in the microfinance sector by introducing non-banking microfinance regulatory...

ICCI lauds SBP’s plan to provide Rs 400b loans to SMEs

The Islamabad Chamber of Commerce and Industry (ICCI) on Thursday lauded the plan of State Bank of Pakistan to extend loans of...

Bank AL Habib current plus account

Bank AL Habib current plus account is a current account that meets all business and individual needs. The Account with no minimum...