1H’24: NBP records total income of Rs96.8bn, up 5.1pc YoY KARACHI: The Board of Directors of National Bank of Pakistan “NBP” “the Bank” met on August 28 to approve the... Updated 30 Aug, 2024 04:18pm
Business & Finance Faysal Bank’s profit surges 60%, clocks in at Rs7bn in Apr-June Faysal Bank posted a consolidated profit after tax of Rs6.95 billion for the quarter ended June 30, 2024, nearly 60%... Updated 28 Aug, 2024 04:58pm
Business & Finance JS Bank records 678% jump in consolidated profit in 2QCY24 JS Bank Limited (JSBL) posted massive earnings of Rs5.5 billion during the quarter ending June 30, 2024, up over... Published 27 Aug, 2024 01:14pm
Business & Finance Bank Alfalah’s profit jumps 53% in 2QCY24, clocks in at Rs12bn Despite lower net interest income, Bank Alfalah saw its consolidated profit jump to Rs12 billion during the quarter... Published 01 Aug, 2024 03:09pm
Business & Finance Banks allowed to charge off fully provisioned NPLs KARACHI: The State Bank of Pakistan (SBP) has allowed the banks to charge off the fully provisioned corporate,... Updated 24 Jul, 2024 08:59am
BR Research Favoured or just lucky? When it comes to savings, the public sector loves to stick to their own kind. According to a review of annual... Published 09 Apr, 2024 08:34am
BR Research Rising textile NPLs: who is on the hook? Not all commercial banks are created equals. And some are certainly better capitalized than others. As the economy... Published 04 Apr, 2024 06:10am
Business & Finance Mobilink Bank witnesses 72pc revenue growth KARACHI: Mobilink Bank achieved multiple financial milestones in 2023, solidifying its position in the banking... Published 23 Feb, 2024 06:36am
Print SBP launches ‘SUNWAI’ portal to address complaints KARACHI: The State Bank of Pakistan (SBP) has launched “SUNWAI”- a facilitative portal for consumer to address their... Updated 30 Dec, 2023 09:22am
Print Banking institutions asked to strengthen financial inclusion, gender equality KARACHI: President Dr Arif Alvi Monday asked the banking institutions to take measures to further strengthening... Updated 29 Aug, 2023 08:40am
Print Fed officials spar over banking reform in rare open meeting WASHINGTON: Members of the US Federal Reserve’s governing body voiced disagreements over proposed changes to... Updated 29 Jul, 2023 09:33am
Opinion Unmasking regressive banking In today’s fast-paced world marked by technological advancements and social progress, the banking industry has... Published 21 Jun, 2023 06:00am
Pakistan Women’s Day: Need stressed for increasing number of women in banking industry KARACHI: The banking industry is required to increase the proportion of female staffers in banks to 20 percent under... Published 09 Mar, 2023 06:23am
Business & Finance NIBAF, CFASP sign MoU KARACHI: National Institute for Banking and Finance (NIBAF) and CFA Society Pakistan (CFASP) signed a Memorandum of... Published 28 Jan, 2023 07:21am
Opinion Super tax on banking industry – is it wise? Demanding higher returns on government treasury bills is nothing unusual. It is the right of the banks (and in fact... Published 18 Aug, 2022 05:27am
Print Large-scale industry: Govt announces 10pc supertax to clinch IMF deal Says this would take the country towards economic sovereignty and self-reliance Updated 25 Jun, 2022 09:50am