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Experts call for addressing challenges to spur IT growth in Pakistan

Experts at State Bank of Pakistan (SBP) have said the authorities in order to catalyze economic growth through...

Published 08 Jul, 2023 08:40pm

Business & Finance

EU proposes payments sector shake-up to boost fintechs

LONDON: The European Union on Wednesday proposed making the payments sector more competitive, giving legal backing ...

Published 03 Jul, 2023 06:04am

BR Research

SBP move leaves fintechs baffled

SBP has recently made some changes in the fee and cost structure of payments associated with cards (debit and...

Published 28 Mar, 2023 08:56am

Business & Finance

Digitisation of country’s financial landscape highlighted

KARACHI: In the 15th episode of State Bank of Pakistan’s Podcast series, Sohail Javaad, the executive director of...

Published 23 Nov, 2022 06:58am

Business & Finance

Digital lenders disbursed Rs33bn loans during last fiscal, says analyst

ISLAMABAD: The new digital lending fintechs (non-banking finance companies) have disbursed cumulative loans worth...

Published 10 Nov, 2022 06:49am

Business & Finance

11th ‘Bank of the Future Forum 2022’ held

KARACHI: NdcTech, a leading IT & consulting firm providing transformational services for the banking sector...

Published 15 Oct, 2022 05:38am

Technology

Electronic Money Institutions: here is a list of all SBP-authorised EMIs in Pakistan

As Pakistan adopts digital payments, the financial sector has been abuzz with new players looking to enter the ...

Updated 10 Apr, 2022 01:35am

Technology

Lahore-based Taro raises $3.5mn in pre-seed funding

Will look to provide easy access to credit to all Pakistanis, allowing increased access to e-commerce outlets

Published 19 Jan, 2022 03:15pm

Business & Finance

CreditBook raises $1.5M Seed investment to scale users and product offerings

Pakistani Fintech CreditBook that helps micro-entrepreneurs digitise and track their transactions raised $1.5 million in seed funding.
CreditBook plans on using this new investment to scale its users and product offering as well as hire the best talent nationally and internationally.

Published 04 May, 2021 07:48pm

Pakistan

Karandaaz Pakistan accepts applications from banks, PSO and others

ISLAMABAD: Karan-daaz Pakistan is currently accepting applications from commercial banks, branchless banks, ...

Published 30 Apr, 2021 05:06am

Business & Finance

Pakistan-based fintech SadaPay raises $7.2M in seed

SadaPay closes the largest seed round of $7.2 million ever raised by a startup in Pakistan.

Updated 31 Mar, 2021 01:27pm

Business & Finance

P@SHA terms SBP measures for exporters a move in the right direction

Days ago, SBP notified revisions in chapter 20 of the Foreign Exchange Manual to modernize foreign exchange regulations for facilitating startups, fintech, and exports in Pakistan.

Published 20 Feb, 2021 01:56pm

Pakistan

Pakistani startup Safepay bags funding from Stripe

Ziyad Parekh and Raza Naqvi founded the startup in 2019, which became the first fintech company to have graduated from the Y Combinator in the 2020 batch.
“We feel well-positioned with the right partners backing us to help build on the increasing volume of digital payments as well as work with other Pakistani fintechs to further our vision," says Parekh.

Updated 11 Feb, 2021 03:54pm

Startups, fintechs and exports: SBP notifies revisions in chapter 20 of FE Manual

KARACHI: The State Bank of Pakistan (SBP) has notified revisions in chapter 20 of the Foreign Exchange Manual to...

Published 11 Feb, 2021 04:34am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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