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digital banking

Shareholders inject $10m equity investment into TMB

KARACHI: Telenor Microfinance Bank (TMB) has received $10 million in equity investment from its shareholders, ...

Published 19 Nov, 2024 06:34am

Pakistan

Senate body told: Non-renewal of LDI licences can impact telecom ecosystem

ISLAMABAD: The non-renewal of Long Distance International (LDI) licences on account of outstanding dues of around Rs...

Published 09 Nov, 2024 07:33am

Business & Finance

Transition towards cashless society to drive financial inclusion: Ali Irfan

ISLAMABAD: The transition towards a cashless society can significantly impact Pakistan’s economy by reducing the...

Published 13 Aug, 2024 08:02am

Opinion

Enablement of digitalization in Pakistani banking and risk in operations

Introduction: The digital revolution is sweeping across the globe, transforming traditional industries and reshaping...

Published 20 Jun, 2024 06:01am

Business & Finance

Silkbank reaffirms collaboration with Xpert Digital & Temenos

KARACHI: Silkbank, a prominent bank in Pakistan, reaffirmed its strategic relationship with Xpert Digital (XD), a...

Published 11 Jun, 2024 03:17am

Business & Finance

Zindigi JS Bank, 5th Pillar Takaful sign MoU

KARACHI: The Digital banking Initiative of JS Bank, Zindigi, has partnered with 5th Pillar Family Takaful, a...

Published 26 May, 2024 02:56am

Business & Finance

Sacrificial animals’ purchase: SBP set to provide QR code payment mechanism

KARACHI: In a major development on digital banking front, the State Bank of Pakistan (SBP) is all set to facilitate...

Published 25 May, 2024 06:33am

Business & Finance

Year ended on Dec 31, 2023: Bank of Punjab records 50pc growth in total assets

LAHORE: The Board of Directors of The Bank of Punjab (BOP) convened on Tuesday, to review and approve the Bank’s...

Published 21 Feb, 2024 05:29am

Business & Finance

Bank Alfalah records an impressive year of growth

KARACHI: The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on February 01, 2024, approved...

Published 02 Feb, 2024 05:20am

Business & Finance

Raqami partners with Codebase Technologies on digital banking

KARACHI: Raqami Islamic Digital Bank has entered into an exclusive agreement with Codebase Technologies to procure...

Published 19 Jan, 2024 05:37am

Business & Finance

HSBC apologises as thousands of UK customers locked out of digital banking

LONDON: Thousands of HSBC customers in Britain on Friday reported they were unable to access some mobile and online...

Published 27 Nov, 2023 06:13am

Business & Finance

HBL Mobile becomes Pakistan’s first mobile banking app for visually impaired individuals

KARACHI: HBL has launched a new accessibility feature on its digital banking app, HBL Mobile. This feature will...

Published 12 Oct, 2023 05:57am

Business & Finance

APSR for FY23 released: Banks, MFBs process e-banking transactions worth Rs167.4trn

KARACHI: Banks and MFBs have processed 2,073.3 million e-banking transactions amounting to Rs. 167.4 trillion in...

Updated 28 Sep, 2023 10:05am

Business & Finance

Digital banking services: KT Bank receives SBP approval

LAHORE: KT Bank, an under formation digital bank has received in-principle approval from the State Bank of Pakistan...

Published 27 Sep, 2023 06:08am

Raast platform: SBP set to launch ‘P2M’ payment system

KARACHI: The State Bank of Pakistan (SBP) is all set to launch the person-to-merchant (P2M) online payment system on...

Updated 27 Sep, 2023 10:40am

Business & Finance

Allied Bank partners with Synapsify & Fasset for Web 3.0 initiative

KARACHI: To remain at the forefront of innovation and uphold our commitment to providing the best digital banking...

Published 25 Sep, 2023 07:15am

Technology

ABL partners with Synapsify & Fasset for Web 3.0 initiative

LAHORE: To remain at the forefront of innovation and uphold our commitment to providing the best digital banking...

Published 22 Sep, 2023 03:33am

Pakistan

SBP awards in-principle approval to 5 digital retail banks

These include HugoBank Limited, KT Bank Pakistan Limited, Mashreq Bank Pakistan Limited, Raqami Islamic Digital Bank Limited and Telenor Microfinance Bank Limited

Updated 20 Sep, 2023 06:40pm

BR Research

Banks’ entry into retail forex: need of the hour

Earlier this week, banks presidents had a meeting with finance minister, governor SBP, and a senior officer of an...

Updated 20 Sep, 2023 10:27am

Business & Finance

Expansion strategy: JS Bank plans to add 11 more branches to its network

KARACHI: Under the branch expansion strategy, JS Bank has planned to add 11 more branches to its network this year...

Published 20 Sep, 2023 06:28am

Technology

OPay International confident it has muscle to tap Pakistan’s market

Statement comes after company got SBP approval to fully acquire a commercially active Electronic Money Institution (EMI) licenced company

Published 14 Sep, 2023 06:19pm

Business & Finance

StanChart launches comprehensive ‘Digital Banking Solution’

KARACHI: Standard Chartered Bank Pakistan on Wednesday announced to strengthen its Digital Banking Solution by...

Published 31 Aug, 2023 06:00am

Business & Finance

BankIslami wins Best Bio Technology Award

KARACHI: BankIslami has been recognized with the prestigious Best Bio Technology Award for its innovative One Touch...

Published 04 Jul, 2023 05:07am

Business & Finance

NBP customers adopting digital banking successfully

KARACHI: The National Bank of Pakistan has unequivocally recognized and commended the ground-breaking ...

Published 28 May, 2023 03:34am

Business & Finance

NBP commends accomplishments of its ‘Digital Champion’ campaign

KARACHI: The National Bank of Pakistan has unequivocally recognized and commended the ground-breaking ...

Published 27 May, 2023 06:09am

Business & Finance

Digital banking frauds: SBP rolls out new set of guidelines for banks, MFBs

KARACHI: The State Bank of Pakistan (SBP) has announced enhancement in control measure requirements to protect...

Published 19 May, 2023 06:17am

Business & Finance

UBL goes live on Temenos to power digital corporate lending

KARACHI: United Bank Limited (UBL), one of the largest banks in Pakistan with 11 million customers, has gone live...

Published 12 May, 2023 05:59am

Business & Finance

Banks told to set up digital fraud risk management units

KARACHI: The State Bank of Pakistan (SBP) announcing the measures to enhance security of digital banking services ...

Published 15 Apr, 2023 06:19am

Business & Finance

HBL announces profit before tax of Rs77bn in 2022, up 24% YoY

Bank declares final dividend of Rs1.50 per share, taking total payout for 2022 to Rs6.75

Published 24 Feb, 2023 04:02pm

Business & Finance

UBL delivers resilient performance in 2022

KARACHI: UBL delivered yet another solid performance generating a Profit Before Tax (PBT) of Rs68.3 billion for the...

Published 24 Feb, 2023 06:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 1	277.99
USD PKR Interbank Buying / Jan 1	277.79
USD to Japanese Yen / Jan 1	152.16
USD to Swiss Franc / Jan 1	0.86
Pound Sterling to USD / Jan 1	1.30

Stock	Volume
S&P 500 / Jan 1	5,712.69
India Sensex / Jan 1	78,782.24
Tokyo Nikkei / Jan 1	38,053.67
Nasdaq / Jan 1	18,179.98
Hang Seng / Jan 1	20,567.52
FTSE 100 / Jan 1	8,184.24
Dow Jones / Jan 1	41,794.60
Germany DAX 30 / Jan 1	19,147.85

Item	Value
Petrol/Litre / Jan 1	248.38
Crude Oil USD/Barrel / Jan 1	71.65
Karachi Cotton PKR/37.32 KG / Jan 1	18,085
Gold 10 Grams PKR / Jan 1	244,227
Gold Spot USD/Ounce / Jan 1	2,745.40
Diesel/Litre / Jan 1	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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