banks

The State Bank of Pakistan has confirmed that all banks and DFIs have surrendered unclaimed deposits up to December 31, 2023. Citizens with valid claims can now approach their respective …

Market reports show that on Thursday broad-based buying was witnessed in PSX, primarily in automobile, banking, energy and cement sectors.

Islamabad, April 11: Despite a substantial reduction in the benchmark interest rate, credit to the private sector dropped sharply in the third quarter of FY25, with businesses continuing to retire …

ISLAMABAD, March 25: The Asian Development Bank (ADB) has emphasized the importance of rapid action by the Pakistani government and regulatory authorities to establish comprehensive frameworks for digital financial services, …

Islamabad, Mar 24, 2025: As Eid ul-Fitr 2025 draws near, the demand for crisp new currency notes skyrockets. Families eagerly seek fresh bills to distribute as Eidi, a cherished tradition …

Islamabad, March 19: Fauji Fertilizer Company (FFC) has signed Memorandums of Understanding (MoUs) with four leading banks to facilitate clean financing of up to Rs500,000 for farmers registered with its …

ISLAMABAD, March 17: In 2024, the 20 listed banks recorded both gross and net markup incomes to Rs7 trillion and Rs1.9 trillion, respectively. This growth can largely be attributed to …

ISLAMABAD: The Federal Board of Revenue (FBR) set a deadline of November 30, 2023, for banks to settle a 40 percent additional tax on windfall income, profits, and gains earned …

Post-tax profit ISLAMABAD: The half-year post-tax profit of banks operating in Pakistan doubled and amounted to Rs 284 billion during the Jan-June 2023 period. In the corresponding period of the …

BankIslami Pakistan ISLAMABAD: JS Bank accomplished the collection of applications for 483 million shares of BankIslami Pakistan Limited. It surpassed the initial offer size of 276 million shares. This achievement …