Standard Chartered Bank Pakistan Posts Profit of Rs. 5.2 Billion with year on year growth for the first half of fiscal year 2018.
Bank Alfalah reports 18 percent growth and a profit of Rs 10.008 Billion before tax for the half fiscal year 2018.
Pakistan is going to get $200 million SCB loan to overcome its financial crisis. This will not be enough, but will assist future government.
MCB Bank announces financial results for the half year ended June 30, 2018. Bank reports Profit After Tax (PAT) of Rs. 9.76 Billion.
Pakistan failed to receive estimated concessionary loans from the World Bank due to the lack of administrative abilities of the previous government.
Recently, Federal Investigation Agency (FIA) Cyber Crime Cell, Lahore has recommended certain amendments to the State Bank of Pakistan (SBP) for better online banking policy in order to save the people from getting duped online by fraudsters.
Dubai Islamic Bank announced on Thursday that it plans to begin branchless banking in Pakistan. The bank plans to start its branchless banking operations by June 2018. Branchless banking is gaining momentum in Pakistan thanks to the user-friendly services offered by various banks and telecom operators.
JCash can let you send remittance with much ease now. Bank’s branchless banking arm has introduced this home remittance mobile account
FINCA Microfinance Bank Ltd, one of the leading microfinance banks in Pakistan, celebrated its 10th anniversary in Pakistan. At the event, FINCA Pakistan reaffirmed its resolution to become a leading force to bring financial inclusion to Pakistan.
National Bank of Pakistan (NBP) and Bank of China Pakistan Operations (BOCP) signed a MoU to promote banking services in the country. The MoU will focus on developing niches and creating synergies between the two institutions and will strengthen the ironclad brotherhood between the two nations.
NBP and Islamabad Traffic Police (ITP), signed an agreement for E-Challan and payments system in Islamabad Capital precinct. This partnership will enable the issuance of paperless challan to the driver through a mobile application along with the electronic receipt to the driver via SMS.