Banking & Finance

Former State Bank of Pakistan (SBP) governor Ashraf Mahmood Wathra has been named chairman of the board of the National Bank of Pakistan (NBP) for...

According to a statement released on Monday, Mashreq, one of the biggest financial institutions in the Middle East and North Africa (MENA) Region, has acquired...

1 PKR 228.20000 228.25000 228.25000 228.20000 03:06 PM 2 EUR 1.08247 1.08249 1.08249 1.08247 11:19 PM 3 GBP 1.22098 1.22107 1.22107 1.22098 11:19 PM 4...

Tuesday, Dubai's financial regulator upheld a $135.6 million (about Dh498 million) fine against the founder and former CEO of the defunct private equity firm Abraaj...

State Bank of Pakistan (SBP) has awarded an Islamic banking licence to Faysal Bank Limited, which is now Pakistan's second-largest fully-fledged Islamic bank under the...

Engro Corporation Limited said on Thursday that it will repurchase 70 million of its own shares at an anticipated cost of Rs20 billion in order...

According to its most recent notice to the Pakistan Stock Exchange, Pakistan Refinery Limited would be closed for roughly twenty days beginning on December 10....

The State Bank of Pakistan (SBP) has prevented the repatriation of airline funds totaling $225 million. If the central bank continues to deny payments to...

TransferWise (also known as Wise), a popular financial service used by freelancers to transfer payments to Pakistani accounts, is temporarily blocked by a number of...

Tuesday, Finance Minister Ishaq Dar said that the Asian Infrastructure Investment Bank (AIIB) has transferred Rs500 million to Pakistan's State Bank (SBP). "AIIB transferred $500...