SBP suspends authorization of EC KARACHI: SBP has suspended the authorization of Exchange Company namely M/s Islamabad Exchange Co. (Pvt) Ltd. with... Published 16 Nov, 2024 06:04am
Business & Finance Q1CY24: SBP imposes Rs775.542m penalties on banks, FIs KARACHI: The State Bank of Pakistan (SBP) has imposed Rs 775.542 million penalties on banks and financial... Published 18 Apr, 2024 03:24am
Business & Finance MCB Bank gets SBP’s green signal to commence Exchange Company operations MCB Bank Limited, one of the largest commercial banks in the country, has received approval of the State Bank of... Updated 27 Mar, 2024 08:43pm
Business & Finance Exchange company setup: SBP conveys ‘no objection’ to BOP KARACHI: The State Bank of Pakistan (SBP) has conveyed its “No Objection” to The Bank of Punjab for establishing... Published 23 Mar, 2024 05:41am
Business & Finance Operational licence granted to AL Habib Exchange KARACHI: The State Bank of Pakistan (SBP) has issued licence for commencement of operations to AL Habib Exchange... Published 23 Mar, 2024 05:41am
Markets Bank AL Habib, Allied Bank receive central bank’s nod to commence Exchange Company operations The State Bank of Pakistan (SBP) has given its green signal to Bank AL Habib Limited (BAHL) and Allied Bank Limited... Updated 22 Mar, 2024 10:29pm
Business & Finance SBP cancels EC’s licence KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s PBS Exchange Company (Pvt)... Published 13 Feb, 2024 05:59am
Markets SECP gives go-ahead to Faysal Bank’s wholly-owned EC The Securities and Exchange Commission of Pakistan (SECP) has issued the Certificate of Incorporation to Faysal... Published 17 Jan, 2024 04:58pm
Business & Finance BoK to launch wholly-owned exchange company ISLAMABAD: Bank of Khyber (BoK) announced its intention to set up a wholly-owned exchange company. This strategic... Published 06 Nov, 2023 05:27am
Business & Finance Bank of Khyber says will establish wholly-owned EC The Board of Directors of Bank of Khyber (BoK) announced on Friday that it will establish an Exchange Company (EC)... Published 03 Nov, 2023 04:31pm
Markets Exchange companies: SBP gives NOC to Faysal Bank Limited The State Bank of Pakistan (SBP) has issued a no-objection certificate (NOC) to Faysal Bank Limited, one of the... Published 01 Nov, 2023 11:49am
Business & Finance Board allows BOP to set up forex co KARACHI: The Board of Directors of the Bank of Punjab has approved the establishment of an Exchange Company with an... Published 31 Oct, 2023 05:26am
Markets Habib Metropolitan Bank says it will establish wholly-owned EC The Board of Directors of Habib Metropolitan Bank (HMB), a subsidiary of Habib Bank AG Zurich – Switzerland,... Published 10 Oct, 2023 05:44pm
Business & Finance Bank Alfalah board approves setting up of EC KARACHI: The Board of Directors of Bank Alfalah Limited, in its meeting held in Abu Dhabi, UAE on Tuesday approved... Published 04 Oct, 2023 06:20am
Business & Finance Bank Alfalah to establish wholly-owned EC Becomes sixth commercial bank to make such announcement to date Updated 03 Oct, 2023 10:44pm
Business & Finance Faysal Bank to set up ‘wholly-owned’ Exchange Company Becomes 5th commercial bank to make such announcement this month Updated 28 Sep, 2023 09:33pm
Business & Finance BAHL to establish Exchange Co KARACHI: The Board of Directors of Bank Al Habib Limited has approved the establishment of an Exchange Company with... Published 23 Sep, 2023 05:58am
Business & Finance MCB Bank joins UBL and Meezan, says it will establish wholly-owned Exchange Company The Board of Directors (BoD) of MCB Bank Limited, one of the largest commercial banks in the country, announced it... Updated 18 Sep, 2023 07:49pm
Business & Finance SBP suspends EC’s authorization KARACHI: The State Bank of Pakistan (SBP) has suspended, with immediate effect, the authorization of an Exchange... Published 16 Sep, 2023 03:03am
Business & Finance EC also to be set up: UBL board approves divestment of stake in UNBL UK KARACHI: The board of directors of United Bank Limited (UBL), in its meeting held on September 11, 2023 made... Published 13 Sep, 2023 06:17am
Markets UBL says will establish wholly-owned Exchange Company The Board of Directors (BoD) of United Bank Limited (UBL), one of the largest commercial banks in the country, has... Updated 12 Sep, 2023 03:29pm
Business & Finance SBP suspends authorisation of exchange firm KARACHI: The State Bank of Pakistan (SBP) has suspended the authorisation of an Exchange Company of ‘B’... Updated 09 Sep, 2023 01:22pm
Business & Finance Rules violation: SBP cancel EC’s licence KARACHI: The State Bank or Pakistan (SBP) has announced cancellation of the licence issued to M/s Mega Currency... Published 04 May, 2023 04:26am
Markets SBP suspends authorisation of 2 currency exchange companies over 'serious violations' Central bank advises both firms to strengthen internal control functions, submit report of corrective measures Published 18 Nov, 2022 05:05pm
Business & Finance Unauthorised foreign exchange activities: SBP introduces ‘Whistle Blowing Forum’ KARACHI: The State Bank of Pakistan (SBP) on Friday introduced Whistle Blowing Forum for identification of... Published 12 Nov, 2022 05:55am
Business & Finance SBP suspends authorization of ‘B’ Category EC KARACHI: The State Bank of Pakistan (SBP) has suspended, with immediate effect, the authorization of an ‘B’... Published 28 Oct, 2022 06:54am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points