The Borad of Directors (BoD) of Silkbank Limited has accorded, in principle, its approval to Habib Bank Limited’s (HBL’s) request to provide its concurrence to the latter (HBL) to apply to State Bank of Pakistan to proceed with the due diligence of the Consumer Portfolio of Silkbank Limited.
The State Bank of Pakistan on Monday announced the third five-year strategic plan for the Islamic banking industry. The aim of the plan is to expand the share of Islamic banks’ assets and deposits to 30 percent in the overall banking industry.
Federal Minister for Finance and Revenue Hammad Azhar said despite challenges, the country’s economy was in much better condition than it was back in 2018 when the incumbent government assumed power.
“A big thanks to our Overseas Pakistanis! #RoshanDigitalAccount deposits have crossed $800m, after an inflow of $212m in March. Inflows have been accelerating every...
Since December 2020, Pakistan’s trade deficit has been widening and, on a month-on-month basis, the deficit grew by 17.77pc. In February, it went up...
The federal cabinet’s decision of deferring the Economic Coordination Committee's (ECC) decision to allow the import of sugar, cotton and cotton yarn from India...
In March alone, Pakistan Investment Bonds (PIBs) attracted highest foreign investment of over $100 million indicating the growing interest of foreign investors in Pakistan.
Foreign...
State Bank of Pakistan Governor Dr Reza Baqir while chairing the fourth meeting of stakeholders on the digital financial ecosystem, suggested for the creation...
In recognition of promoting UNGC Principles and Sustainable Development Goals, Engro Corporation has won the first prize for “Living the UN Global Compact Business Sustainability Award 2020″ in the Large National Category, for the third year in a row.
Nestlé Pakistan won the first prize at Living the Global Compact Best Practice Sustainability Awards 2020, for the fifth consecutive time, announced by local chapter of UN Global Compact Network
The Oil and Gas Regulatory Authority (Ogra) on Tuesday proposed bringing down prices of petroleum products for the first half of April (April 1-15).
Based...
According to World Bank’s Annual Flagship South Asia Economic Focus report released on Tuesday, a speedy economic recovery is not in sight for Pakistan....
