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...
KARACHI: A Dutch dairy cooperative is set to buy out food giant Engro Foods Limited with an investment of around $460million, in what would amount to the largest private sector takeover by a foreign firm in the country's history...
FrieslandCampina International Holding BV intends to acquire a 51 per cent stake of Engro Foods Limited, one of the largest listed companies at the Pakistan Stock Exchange (PSX), a notification on the bourse's...
The Supreme Court continued hearing the Panamagate case on Friday for the third consecutive day...
Naeem Bokhari, Pakistan Tehreek-i-Insaf's (PTI) lead counsel alleged that the owner of the London flats is Prime Minister Nawaz Sharif
KARACHI: AGP Ltd, a pharmaceutical company in the fold of OBS Group, has raised Rs2...
At the gong-ringing ceremony at the PSX on Monday that signalled the start of trading of company’s stock, AGP Ltd share price quickly hit the upper circuit of 5 per cent to take the stock price to Rs84, from the offered price of Rs80 a share...
KARACHI: The country’s 10 banks signed an agreement on Friday to establish Pakistan Corporate Restructuring Company Ltd (PCRCL)...
The shareholder agreement was signed by presidents and representatives from Habib Bank, National Bank of Pakistan, United Bank, MCB Bank, Allied Bank, Meezan Bank, Bank Alfalah, Bank Al-Habib, Habib Metropolitan Bank and Faysal Bank at the State Bank of Pakistan (SBP) headquarters...
Lahore-based information technology company Systems Limited has been included in the Forbes list of Asia's Best Under A Billion for the second year in a row...
The annual list recognises 200 top-performing small and mid-sized listed companies in the Asia-Pacific region with sales under $1 billion
Lotte Chemical Company Pakistan Ltd said its South Korea–based majority shareholder is selling its entire stake of 75...
Separately, Lucky Core Industries Ltd said it’s buying the shareholding from the foreign investor...
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...
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,...
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...
KARACHI: Bank Alfalah received the Best Bank Award for 2017 for demonstrating “the most significant contribution to national development and the most effective management of its resources, including its employees, clients, franchise community and financials”...
United Bank received the same award last year...