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Banks
Mashreq Bank’s New Initiatives in Pakistan to Expand Business
Islamabad: Mashreq Bank is one of the top banks in the MENA area. It is growing its business in Pakistan and will open a new office soon.
On Thursday, in a meeting with Mashreq Bank's leadership, Finance Minister Muhammad Aurangzeb…
Pakistan’s Primary Balance Posts Surplus After 17 Years
ISLAMABAD: The State Bank of Pakistan (SBP) released its Annual Report on the State of Pakistan’s Economy for fiscal year 2023-24, noting improvements in macroeconomic conditions driven by stabilization policies, successful IMF engagement,…
SBP to Honor Women Entrepreneurs on November 19, 2024
KARACHI, October 16, 2024: The State Bank of Pakistan (SBP) is gearing up to celebrate Women Entrepreneurship Day (WED) on November 19, 2024.
This event highlights Pakistan's commitment to recognizing the vital contributions of women in…
Telenor Microfinance Bank wins “Best Microfinance Bank” and “Gender Diversity at…
Islamabad - September 16, 2024: Telenor Microfinance Bank (TMB), operator of Pakistan’s leading digital financial services platform, easypaisa, is proud to announce its double recognition at the renowned 21st Annual Excellence Awards by CFA…
Faysal Bank and Mastercard renew partnership for Faysal Islami Noor Card
Islamabad, September 13, 2024: Faysal Bank Limited (FBL), one of Pakistan's leading Islamic banks, is pleased to announce the renewal of its strategic partnership with Mastercard.
The renewal and expansion of this strategic partnership…
Dragons of Pakistan: Faysal Bank secures silver dragon
Karachi, September 2, 2024: The “Dragons of Pakistan” which is an extension of the international ‘Dragons of Asia’ are considered as one of the most definitive and credible Marketing & Advertising Awards in the country celebrating…
SBP designates three local banks as D-SIBs for 2024
KARACHI: The State Bank of Pakistan (SBP) has designated three local banks as
Domestic Systemically Important Banks (D-SIBs) for 2024. These included National Bank of Pakistan (NBP), United Bank Limited (UBL) and Habib Bank Limited. The…
Pakistan ‘s remittances remain up at $ 3 billion in July
Islamabad August 19,2024 : The State Bank of Pakistan (SBP) on Monday said the Workers’ remittances recorded an inflow of US$3.0 billion during July 2024.
It noted in terms of growth, during July 2024, remittances increased by 47.6…
SBP governor stresses need for skills in financial sector
Governor of the State Bank of Pakistan (SBP), Mr. Jameel Ahmad, emphasized the importance of
developing skills and setting high standards for the financial sector in the country. He addressed the
audience at the launch ceremony of NIBAF…
SBP likely to cut policy rate next week after facing criticism from FPCCI, other stakeholders
KARACHI : The Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) will meet on Monday, July 29, 2024 to decide about Monetary Policy. Governor SBP, Mr. Jameel Ahmad will announce the Monetary Policy decision at a press…
