Pakistan News

    Askari Bank Branches In Multan Electric Power

  • 79 bank branches to be set up in Balochistan

    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...

  • Faysal Bank to open over 100 branches

    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...

  • Slowdown in Askari Bank’s core earnings

    IN a first sign that the continued monetary easing seems to be having some impact on the banking sector’s earnings, Askari Bank Ltd reported a drop in its interest income for the third quarter of the year...

    1pc on a yearly basis) in Askari Bank Ltd’s (AKBL) core income in the third quarter (3QCY15) indicates that this might already have started...

  • Banks asked to dedicate one-fifth of branches to agri-lending

    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...

  • FBR, NBP branches to remain open today

    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...

  • Altaf calls PTI, JI ‘branches of Taliban, Al Qaeda’

    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...

    Addressing a huge rally on Liaquatabad flyover on Saturday, the MQM chief said the people of Karachi had already rejected the pro-Taliban forces and they would vote for his ‘progressive,...
  • NBP branches to remain open till late evening today

    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...

  • Shanghai Electric gets CCP's approval to acquire K-Electric

    Shanghai Electric Power Co Ltd said on Monday that it had received approval from the Competition Commission of Pakistan (CCP) to acquire K-Electric Limited...

    The Abraaj Group announced in October that one of its companies, KES Power, had reached an agreement to divest its stake in K-Electric, the country’s largest and only vertically integrated power utility, to Shanghai Electric...

  • Dr Hasan Askari — a profile

    LAHORE: Professor Dr Hasan Askari Rizvi is a renowned political scientist and military analyst, currently working as professor emeritus of political science at the Punjab University...

    A former visiting professor of Pakistan Studies at the Columbia University from 1996 to 1999, Prof Askari has also served as Allama Iqbal Professor at Heidelberg University, Germany, from 1988 to 1991...

  • PML-N, ANP draw the flak for objecting to Askari’s posting

    LAHORE: The Pakistan Muslim League-Nawaz (PML-N) and the Awami National Party (ANP) have expressed their concern over the appointment of political analyst Dr Hasan Askari (suggested by the PTI) as caretaker Punjab chief minister, whereas the Pakistan Peoples Party (PPP) and the Muttahida Majlis-i-Amal (MMA) are content with the posting and demand that everyone move on to the next stage of elections...

    Former prime minister Shahid...

  • Dr Hasan Askari takes oath as Punjab caretaker CM

    Professor Dr Hasan Askari Rizvi took oath as the Punjab caretaker chief minister in a ceremony held in Lahore on Friday...

    Governor Punjab Rafique Rajwana administered oath to Dr Askari, whose name for the provincial caretaker role was finalised by the Election Commission of Pakistan...

  • Level playing field to be provided to all parties: Dr Askari

    LAHORE: Caretaker Chief Minister Dr Hasan Askari Rizvi says that the interim government will provide equal opportunities to all the political parties while following the framework given by the Election Commission of Pakistan (ECP)...

    Dr Askari was speaking to the media after visiting the mausoleum of Allama Iqbal on Saturday...

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