Print Customers’ BVS: SBP asks ECs to get integrated with Nadra by June 30th KARACHI: The State Bank of Pakistan (SBP) has advised all Exchange Companies to ensure the integration of their... Updated 05 Nov, 2021 09:52am
Print Collateral-free lending: 8 banks picked to facilitate SMEs KARACHI: Some eight banks have been selected for collateral-free SME (Small and Medium Enterprise) lending scheme,... Updated 04 Nov, 2021 09:34am
Print Telenor Microfinance Bank: MCB Bank eyes majority stakes KARACHI: In a major development in the banking sector, MCB Bank is intending to acquire majority stake in Telenor... Published 03 Nov, 2021 03:54am
Print SBP rejects rumours of cyber attack on several banks KARACHI: The State Bank of Pakistan (SBP) Monday categorically denied the rumours of cyber attack on several... Updated 02 Nov, 2021 09:39am
Pakistan Cyber attack: Affected parts repaired: bank KARACHI: National Bank of Pakistan (NBP) said on Sunday that it has countered the threats, erupted after the cyber... Published 01 Nov, 2021 06:26am
Print Lending to government: SBP’s profit down 35pc on lower income SBP attributes decline in profit to maturing of PIBs, and decrease in average interest rate during FY21 Updated 30 Oct, 2021 09:40am
Print Q1FY22: CA posts $3.4bn deficit on higher imports KARACHI: The country’s current account recorded a $3.4 billion deficit during the first quarter of this fiscal ... Published 21 Oct, 2021 03:53am
Print Q1 FDI slips as Chinese investment plummets KARACHI: Foreign Direct Investment (FDI) in the country fell by 4 percent during the first quarter of this fiscal... Updated 19 Oct, 2021 11:53am
Print Remittances post 12pc growth in Q1 KARACHI: The inflows of home remittances posted 12 percent growth during the first quarter of this fiscal year... Published 09 Oct, 2021 03:58am
Print RDA fetches $2.4bn by Sept-end KARACHI: Roshan Digital Account (RDA), a banking solution for Non-Resident Pakistanis (NRPs), has fetched foreign... Published 09 Oct, 2021 03:58am
Print SBP acts to curb ‘undesirable’ forex outflows Exchange Companies required to conduct biometric verification for all foreign currency sale transactions equivalent to USD500/- and above and outward remittances Updated 07 Oct, 2021 11:24am
Markets Federal govt’s debt stocks touch new high of Rs39.77trn KARACHI: The federal government’s total debt (domestic and external) stocks rose over Rs 1 trillion during the... Updated 06 Oct, 2021 07:35pm
Print Export proceeds with ADs: SBP reduces retention period to 3 days KARACHI: The State Bank of Pakistan (SBP) has reduced the retention period of export proceeds with Authorized ... Updated 05 Oct, 2021 09:45am
Business & Finance Proposed ban on export of onion, tomato opposed KARACHI: All Pakistan Fruit and Vegetable Exporters, Importers and Merchants Association (PFVA) has opposed the... Published 03 Oct, 2021 04:16am
Print Import of additional 114 items: SBP imposes 100pc cash margin requirement KARACHI: In order to keep the exchange rate stable and control the rising import bill, the State Bank of Pakistan... Updated 01 Oct, 2021 10:01am
Print Profits, dividends: Foreign investors repatriate $396m in Jul-Aug KARACHI: Foreign investors repatriated some $ 396 million on account of profit and dividend during the first two... Updated 29 Sep, 2021 10:04am
Print Two consignments of wheat, sugar arrive KARACHI: Two shipments of wheat and sugar imported by the Trading Corporation of Pakistan (TCP) reached Pakistan to... Updated 28 Sep, 2021 11:55pm
Print Three major roads: Govt to raise Rs100bn thru sukuk auction KARACHI: The federal government will raise Rs100 billion through auction of Ijarah Sukuk against three identified... Updated 28 Sep, 2021 09:47am
Print Eligible depositors: DPC enhances guarantee amount to Rs0.5m KARACHI: The Deposit Protection Corporation (DPC) has announced enhancement in the guarantee amount for all eligible... Updated 25 Sep, 2021 08:49am
Pakistan Roadshows conclude: PSM sell-off to be as per CCoP-approved plan: Soomro KARACHI: A number of investors from Russia, China, and Korea besides local investors have expressed interest in... Updated 24 Sep, 2021 02:10pm