KARACHI: The Sindh government has decided to carry out a security audit of more than 1,000 bank branches across the city...
The State Bank will lead the project with members of the security apparatus and private security companies to ensure that the standard operating procedures (SOPs) are followed at all commercial facilities...
QUETTA: Commercial banks would set up 79 branches across Balochistan, while a soft scheme would be launched for skilled women in the province, Governor State Bank of Pakistan Ashraf Mehmood Wathra said on Tuesday...
Addressing a press conference at the end of his two-day visit to Quetta, he said that after receiving a feasibility report on the proposed Balochistan Bank, the SBP would take steps to materialise the proposal...
DUBAI: Bahrain-based Ithmaar Bank plans to add more than 100 branches in Pakistan this year through its subsidiary Faysal Bank, to capitalise on the country’s low penetration rate of banking services, a senior executive said...
Ithmaar Bank owns 66 per cent of Faysal Bank, whose contribution to the Islamic retail bank’s overall balance sheet would likely grow to more than half as a result of the expansion, Ithmaar Deputy Chief...
QUETTA: The Agricultural Credit Advisory Committee (ACAC) has proposed that banks should dedicate at least 20 per cent of total branches to agri-lending, according to a press release on Saturday...
A meeting of the ACAC, which is a national-level consultative committee for setting annual targets for agricultural loans and their monitoring, took place in Quetta on Friday under the chairmanship of State Bank of Pakistan (SBP) Governor...
ISLAMABAD: All field offices of Federal Board of Revenue (FBR) and National Bank of Pakistan (NBP) would remain open today (May 30) for collecting duties and taxes...
FBR in coordination with the State Bank of Pakistan (SBP) and NBP has made special arrangements for collection of duties and taxes on Saturday, as May 31 (Sunday) being a public holiday, according to a FBR statement on Friday...
KARACHI: Muttahida Qaumi Movement chief Altaf Hussain has called the Pakistan Tehreek-i-Insaf and Jamaat-i-Islami ‘branches of the Taliban and Al Qaeda’ and predicted a massive defeat for his party’s rivals in the NA-246 by-election on April 23...
“I assure every segment of the society and the international community that Pakistan will be a true democratic state under the MQM government,” he said...
KARACHI: The National Bank of Pakistan (NBP) has announced that on Monday all its branches in the country will remain open till late in the evening, and will even arrange iftari for customers banking around that time...
The bank also issued a statement that disputed a news report captioned “People suffer as NBP online computer system breaks down”, which was published in Dawn on Sunday...
KARACHI: The National Bank of Pakistan (NBP) has said that it is taking Covid-19 precautionary measures and social distancing initiatives at all branches...
In a press release issued on Friday, the bank said that in order to serve its customers during these challenging times, all branches have taken all necessary measures possible...
MUMBAI: India’s central bank on Saturday dismissed media reports that it was not necessary to link national identity card numbers, known as Aadhar numbers, to bank accounts...
“The Reserve Bank clarifies that, in applicable cases, linkage of Aadhaar number to bank account is mandatory under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017,” it said in a statement...
KARACHI: A cyberattack on the National Bank of Pakistan (NBP) has been detected that has disrupted its services which are likely to be restored by Monday, said a statement issued by the bank on Saturday...
”“Remediation efforts are under way using industry-leading subject matter experts, including international resources wherever required,” said the bank...
DUBAI: HSBC Bank Oman has agreed to sell its banking business in Pakistan to Meezan Bank , a sharia-compliant Pakistani lender, it said on Sunday...
The deal, which is subject to regulatory and other approvals, is expected to be completed during the second half of 2015, the bank said in a statement...
Bahrain-based Bank Alkhair said on Wednesday it had received approval from the State Bank of Pakistan to sell its stake in Pakistan's Burj Bank to a subsidiary of Bahrain's Al Baraka Banking Group...
Al Baraka, one of the Gulf's top Islamic banks, had said in September that its Pakistani unit, Al Baraka Pakistan, would merge with Burj Bank to create an institution with assets totalling more than $1...
KARACHI: National Bank of Pakistan (NBP) posted a profit of Rs8...
“Profitability of the bank remained under pressure during the period on account of lower interest rates and maturity of high-yielding Pakistan Investment Bonds,” said a press release issued by the bank on Thursday...
KARACHI: The second string of the National Bank of Pakistan (NBP) on Friday proved that they are a force to be reckoned with when they thumped Water And Power Development Authority (Wapda) 3-1 in a repeat final to retain their title in the 34th National Junior (under-20) Hockey Championship at the Hockey Club of Pakistan Stadium on Friday...
Pakistan Hockey Federation (PHF) president Akhtar Rasool, who graced the occasion, awarded the...
KARACHI: The Employees Old-Age Benefit Institution (EOBI) has decided to transfer the private sector employees’ pension from Easypaisa to National Bank of Pakistan (NBP)...
EOBI has advised all the pensioners to approach the nearest branch of NBP along with their pension book and National Identity Card...