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commercial banks

Will the next inflationary cycle look different?

When the SBP autonomy bill was first presented in Parliament in March 2021, it met with resistance on multiple...

Published 11 Dec, 2024 09:02am

Budgetary support: Over Rs2trn borrowings cleared in just 5 months

KARACHI: In a positive turn on the economic front, borrowings by both the federal and provincial governments for...

Updated 11 Dec, 2024 09:18am

Banks urged to provide soft loans to KP SMEs

PESHAWAR: Business community urged commercial banks to provide soft loans for promotion of small and medium...

Updated 02 Dec, 2024 09:37am

BR Research

Credit concentration: identifying the worst offenders

Pakistan’s banking sector faces a systemic issue of credit concentration, where a significant portion of bank loans...

Updated 28 Nov, 2024 11:23am

Key requirement for conventional banks removed

Banks will now pay negotiated rates to corporate sector

Updated 27 Nov, 2024 04:00pm

Business & Finance

SBP makes key revisions to Minimum Profit Rate requirements, Islamic banking guidelines

In a major development for the banking sector, the State Bank of Pakistan (SBP) on Tuesday announced that the...

Updated 26 Nov, 2024 10:53pm

BR Research

SME financing: ‘he’s just not that into you!’

Consider the following: an entry-level tech worker in Silicon Valley can get a higher spending limit on credit cards...

Published 25 Nov, 2024 09:02am

BR Research

ADR financing: undermining monetary policy?

Commercial banks are on a lending spree—not due to excess liquidity or a dramatic economic turnaround, but because...

Published 12 Nov, 2024 08:41am

BR Research

FE-25 financing indicating imminent currency adjustment?

The currency market looks confused. Over the past twelve months, export financing – both pre- and post-shipment –...

Published 05 Jul, 2024 08:33am

Business & Finance

Forex reserves up $30.8m to $14.415bn: SBP

KARACHI: The country’s total liquid foreign exchange reserves increased by $ 30.8 million during the last week, ...

Published 21 Jun, 2024 06:37am

Business & Finance

Banks slow to limit coal financing: NGO

FRANKFURT, (Germany): Banks lent almost $470 billion to the coal industry between 2021 and 2023, according to a ...

Published 03 May, 2024 06:29am

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

Forex decreases by $44m

KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SB) decreased by $44 million to...

Published 23 Feb, 2024 06:36am

Business & Finance

NBP’s profit surges by 72%, clocks in at Rs53.3bn in 2023

National Bank of Pakistan (NBP), one of the country’s largest commercial banks, registered a profit-after-tax (PAT)...

Published 22 Feb, 2024 02:48pm

Business & Finance

Kifaalat Programme: BISP launches new payment system of stipends thru six banks

ISLAMABAD: Benazir Income Support Programme (BISP) has launched a new payment system, by increasing from two to six,...

Published 22 Feb, 2024 06:55am

Opinion

Protecting the common man: navigating street banking

In this age of information, fueled by electronic media reaching the very heart of our homes, even the “common...

Published 21 Feb, 2024 05:29am

Business & Finance

Forex reserves drop by $217m

KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SBP) decreased by $ 217 million to $...

Published 24 Nov, 2023 05:29am

Business & Finance

Forex reserves down $79m

KARACHI: The country’s liquid foreign exchange reserves declined by $79 million to stand at $ 12.576 billion by ...

Published 03 Nov, 2023 06:11am

Opinion

Capacity payments conundrum

The matter of increased capacity payments to power plants has sparked a heated controversy. In recent years, these...

Updated 19 Oct, 2023 05:34am

Business & Finance

Both banknotes of Rs75 legal tender: SBP

KARACHI: The State Bank of Pakistan (SBP) has clarified that under Section 25 of the State Bank of Pakistan Act,...

Published 13 Oct, 2023 05:50am

Business & Finance

Forex reserves down $25m

KARACHI: The country’s liquid foreign exchange reserves declined by $25 million to $13.162 billion at the end of...

Published 29 Sep, 2023 06:24am

Markets

Bank AL Habib says will establish wholly-owned Exchange Company

Becomes fourth bank in recent weeks to make this announcement

Updated 22 Sep, 2023 10:40pm

Business & Finance

Forex reserves rise

KARACHI: The country’s total liquid foreign exchange reserves increased by $ 108 million to $ 13.187 billion as of...

Published 22 Sep, 2023 03:33am

Business & Finance

SBP extends deadline for encashment of prize bonds

KARACHI: The State Bank of Pakistan (SBP) has announced the extension in last date for...

Published 07 Sep, 2023 06:21am

Effective today: No Raast services for 2 days due to system upgradation: SBP

KARACHI: The State Bank of Pakistan (SBP) has announced that Raast services will remain unavailable for two days due...

Updated 03 Sep, 2023 09:37am

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

Business & Finance

Pakistan Remittance Summit to be held in Dubai

KARACHI: Dellsons Associates in collaboration with leading commercial banks will organize an international...

Published 29 Aug, 2023 06:01am

Business & Finance

Forex reserves fall $131m

KARACHI: The country’s total liquid foreign exchange reserves fell by $131 million during the last week due to...

Published 25 Aug, 2023 06:34am

Business & Finance

SBP’s reserves up by $12m

KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $12 ...

Published 18 Aug, 2023 05:42am

Business & Finance

$3bn bank loans given during PTI govt’s tenure: PAC again demands list of 628 beneficiaries

ISLAMABAD: Members of the Public Accounts Committee (PAC) again demanded a list of the 628...

Published 09 Aug, 2023 05:33am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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