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microfinance banks

Oil and gas cos, microfinance banks: FBR, all PRAs/Board agree to extend scope of SSTR

ISLAMABAD: The Federal Board of Revenue (FBR) and all the Provincial Revenue Authorities/Board have unanimously...

Updated 07 Dec, 2024 04:46pm

Remittances: Two incentives available to banks and ECs now

KARACHI: To enhance the flow of home remittances, the State Bank of Pakistan (SBP) has revamped the incentive...

Updated 09 Oct, 2024 09:04am

Business & Finance

Products being offered by microfinance banks: CCP reviews terms & conditions for customers

ISLAMABAD: The Competition Commission of Pakistan (CCP) Tuesday reviewed terms and conditions for customers of...

Published 13 Mar, 2024 06:31am

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

BR Research

Microfinance in 1QCY23

Amid macroeconomic turmoil and hyper-inflationary pressures, the microfinance sector continues to post decent growth...

Published 24 May, 2023 09:05am

SBP issues framework on outsourcing to CSPs

KARACHI: The State Bank of Pakistan (SBP) on Monday issued “Framework on Outsourcing to Cloud Service Providers...

Updated 17 Jan, 2023 09:10am

Business & Finance

Digital services: SBP issues guidelines for downtime

KARACHI: The State Bank of Pakistan (SBP) has issued guidelines for downtime of digital services and directed the...

Updated 11 Jan, 2023 08:54am

Business & Finance

SBP’s MYPR covering H1CY22 unveiled: Banking sector shows robust performance, resilience

KARACHI: The State Bank of Pakistan (SBP) has issued on Monday the Mid-Year Performance Review (MYPR) of the banking...

Published 29 Nov, 2022 05:57am

Business & Finance

SBP’s online portal to facilitate EMIs, PSOs, PSPs

KARACHI: In order to promote digitalization and encourage eco-friendly practices, the State Bank of Pakistan (SBP)...

Updated 07 Jul, 2022 11:11am

SBP restores Saturday as holiday for banks

KARACHI: State Bank of Pakistan will observe following working days and timings with immediate effect: Monday to...

Published 07 May, 2022 05:46am

Office hours revised: Banks, MFBs and DFIs to work 6 days a week: SBP

KARACHI: The State Bank of Pakistan (SBP) has announced to observe six working days in a week. As per the decision...

Updated 14 Apr, 2022 10:39am

Business & Finance

Digital bank licences: SBP gets ‘overwhelming’ response

KARACHI: The State Bank of Pakistan (SBP) has received overwhelming response for digital bank licences as some 20...

Published 07 Apr, 2022 05:15am

Business & Finance

SBP announces office hours for Ramazan

KARACHI: The State Bank of Pakistan (SBP) has announced office and business hours for the month of...

Published 02 Apr, 2022 04:14am

Low-cost housing, microenterprises: Revised PRs to help MFBs boost access to finance

KARACHI: Building on the measures taken in recent years to encourage financing to priority areas, the State Bank of...

Updated 17 Mar, 2022 09:41am

Microfinance: Accountholders can invest in govt securities, says SBP

KARACHI: The State Bank of Pakistan (SBP) has allowed microfinance accountholders to invest in government ...

Updated 17 Mar, 2022 12:36pm

BR Research

Microfinance in 2021

It looks like the country’s microfinance sector closed out the year 2021 on a strong note. Going through the ...

Published 17 Feb, 2022 10:27am

Subsidy scheme for Tier-1 housing finance: Markup rates revised downwards

Updated 15 Feb, 2022 09:52am

Business & Finance

Banks disburse Rs38bn loans among 12,000 applicants: NAPHDA

ISLAMABAD: Commercial and micro finance banks disbursed Rs38 billion loans among 12,000 eligible applicants for...

Published 13 Jan, 2022 07:17am

DRP criteria relaxed: MFBs to extend relief to Covid-hit borrowers: SBP

KARACHI: The State Bank of Pakistan (SBP) Thursday relaxed the criteria for classification of assets and ...

Updated 03 Dec, 2021 09:43am

BR Research

Microfinance: uptick in credit

Background discussions, anecdotal evidence and research studies all seem to suggest that the bottom of the pyramid...

Published 31 Aug, 2021 07:30am

BR Research

Kamyab Program: Bold, beautiful and workable?

Kamyab Pakistan Programme (KPP) is an ambitious plan to promote financial inclusion by providing interest free and...

Published 09 Aug, 2021 08:47am

SBP tells banks to boost consumers’ protection mechanism

KARACHI: The State Bank of Pakistan (SBP) has directed banks to further improve the consumer grievance handling...

Published 13 Jul, 2021 02:30am

Business & Finance

PMIC closes second advisory, arrangement mandate for KMBL

ISLAMABAD: Pakistan Microfinance Investment Company Limited (PMIC) is a wholesale finance entity and an important...

Published 23 Jun, 2021 04:26am

BR Research

IBFT waiver: Gone too soon

One of the good steps taken by SBP to combat covid last year was waiving the fee on Inter-Bank Funds Transfers...

Published 18 Jun, 2021 07:25am

BR Research

Towards affordable housing

Housing, especially affordable housing, is the Prime Minister’s dream. The government earlier came up with a ...

Published 20 Apr, 2021 07:25am

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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