Private sector credit touches Rs4.683 trillion during July 2017: SBP

Karachi: State Bank of Pakistan (SBP) on Tuesday released data about private sector’s outstanding credit to reach Rs4.683t from Rs3.922t in same...

Branchless banking transactions saw increase in Jan-March quarter: SBP report

Karachi: The State Bank of Pakistan (SBP) on Friday released statistics detailing the rise of branchless banking accounts in the country by...

Govt briefs WB on development and energy priorities for next fiscal

The finance team briefed the World Bank (WB) officials about the development priorities including the power sector during the next financial year,...

ADB provides $ 20 million loan to increase micro credit access in Pakistan

The Asian Development Bank (ADB) has approved a $ 20 million loan to help Pakistan’s Khushhali Microfinance Bank (KMBL) to expand access...

ADB effectively raising development finance to achieve its targets in Asia and Pacific: review

The Asian Development Bank (ADB) is delivering with efficacy against its goal to enhance development finance to the Asia and Pacific region,...

Low financing to SMEs despite cut in policy rate: APBF

KARACHI: All Pakistan Business Forum has urged the commercial banks to improve its financing for small and medium enterprises (SMEs) sector which...