Banking & Finance

The Managing Director of Deposit Protection Corporation, a division of the State Bank of Pakistan, Syed Irfan Ali, attended and spoke at the 20th annual...

Jameel Ahmad has been named governor of the State Bank of Pakistan (SBP) for a period of five years by the federal government. "Jameel Ahmad...

The State Bank of Pakistan (SBP) has permitted foreign currency and rupee accounts to be opened by corporate entities established abroad with a majority shareholding...

It has been decided that banks and microfinance banks (MFBs) shall open selected branches on Friday, July 8, 2022, beginning at 9:00 a.m., in order...

HBL is the first bank in Pakistan to offer "full-featured" banking through WhatsApp. The facility was created in collaboration with E.Ocean, a renowned cloud communication...

On pre-budget uncertainties and the World Bank's prediction of a moderate growth rate of 4% for the fiscal year 2023, Pakistan's stock market closed flat...

Moody's Investors Service (Moody's) affirmed five Pakistani banks' B3 long-term deposit ratings: Allied Bank Limited (ABL), Habib Bank Ltd. (HBL), MCB Bank Limited (MCB), National...

Discount World is a digital mobile application that offers a cost-effective platform to all of its valued corporate clients as well as a large platform...

National Bank of Pakistan (NBP) has closed three international branches in Bangladesh (Sylhet), Afghanistan (Jalalabad), and Uzbekistan (Tashkent) in recent months. The bank's management is...

United Bank Limited announced the closure of its subsidiary, UBL Switzerland AG, with permission from the host country's financial regulator. The bank's management made the...