Pakistan News

    National Bank Of Pakistan Account Balance

  • ‘Remittances crucial for external account balance’

    KARACHI: State Bank of Pakistan Deputy Governor Jameel Ahmad said on Thursday that workers’ remittances are a life line for the country’s external account balance...

    He was addressing the audience of a docudrama launched by the National Bank of Pakistan (NBP) targeted overseas Pakistani workers residing especially in the Gulf Cooperation Council countries...

  • 100m Pakistanis without a bank account, says World Bank

    ISLAMABAD: Pakistan is home to 100 million adults without a bank account, with 13 per cent adults citing religious concerns as a reason for not having account at a financial institution, a World Bank report on the use of financial services revealed...

    The ‘Global Findex Database’ said high costs turned out to be at least as important as religious concerns in each of the economies — cited by 21pc in Pakistan and 19pc in Turkey...

  • Pakistan, Switzerland to sign agreement for bank account information exchange: Dar

    Finance Minister Ishaq Dar on Wednesday told the National Assembly that Pakistan will sign an agreement with Switzerland on exchange of information regarding bank accounts on March 21...

    "The Swiss government offered to sign such an agreement with Pakistan in the third quarter of the current month that will enable us to exchange information on tax-evaded money," Dar said in a policy statement...

  • Zardari tells SC he owns neither any property nor bank account outside Pakistan

    ISLAMABAD: Former president Asif Ali Zardari affirmed through an affidavit before the Supreme Court on Tuesday that he owns neither moveable or immovable property nor any bank account outside Pakistan...

    The affidavit was moved before the apex court which is hearing a petition of Advocate Feroz Shah Gilani, president of the Lawyers Foundation for Justice, in which he had named former presidents retired Gen Pervez Musharraf and Asif...

  • India central bank says linking national ID number to bank accounts mandatory

    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...

  • NAB asks SBP for Dar, family's bank account details

    The National Accountability Bureau (NAB) on Friday sought from the State Bank of Pakistan (SBP) details of bank accounts operated by Finance Minister Ishaq Dar and his family members...

    NAB has asked the SBP to provide details of all bank accounts, including credit and debit card vouchers and statements of accounts, for Dar, his wife Tabassum, sons Ali Mustafa and Mujtuba Hasnain, daughter-in-law Asma Ali and Saeed Ahmed, the current...

  • For Germany’s new arrivals, bank account is passport to integration

    BERLIN: “No more appointments today” reads a sign at a bank in Berlin where refugees are queuing to open an account — a key step towards integrating into German society, even if not all banks are playing along...

    The 29-year-old Iranian arrived early in the morning to secure a place in the queue at the Berliner Sparkasse, a savings bank that offers accounts for refugees...

  • FBI probes Bangladesh bank account cyber theft

    WASHINGTON: The Federal Bureau of Investigation (FBI) is probing the cyber theft of tens of millions of dollars from the Bangladesh central bank’s US account, the Wall Street Journal reported on Friday, citing people familiar with the matter...

    FBI agents are looking for evidence in the United States and beyond to determine who was behind the theft, which transferred money from the Bangladesh central bank account in New York to the...

  • Khawaja Asif did not declare UAE bank account in nomination papers, PTI leader tells IHC

    Foreign Minister Khawaja Asif did not declare his National Bank of Abu Dhabi account in his tax returns and nomination papers, Pakistan Tehreek-i-Insaf (PTI) leader Usman Dar claimed before the Islamabad High Court (IHC) on Wednesday...

    The counsel claimed that Asif had declared six bank accounts in his nomination papers for the 2013 general elections and tax returns but that did not include the National Bank of Abu Dhabi account...

  • Will make sure JIT gets all the records in fake bank account case: CJP

    Chief Justice Mian Saqib Nisar on Friday said he will make sure that the Joint Investigation Team (JIT) tasked with probing fake bank accounts receives all the documents they need from the Sindh government...

    An FIA JIT had been investigating a 2015 case regarding fake accounts and fictitious transactions conducted through ‘benami’ accounts in Summit Bank, Sindh Bank and UBL...

  • Trump had business interests, bank account in China, claims NYT

    WASHINGTON: Donald Trump spent years cultivating business projects in China, where he maintained a previously unknown bank account, The New York Times reported on Tuesday, as the US president attempts to portray election rival Joe Biden as weaker on Beijing...

    Trump additionally keeps a previously unknown bank account in China, controlled by Trump International Hotels Management, according to an analysis of his tax records by the...

  • Visit no longer needed for opening bank account

    KARACHI: The State Bank of Pakistan (SBP) has said that Pakistanis are no longer required to visit a branch for opening an account and instead can use the digital framework designed by the central bank for the purpose...

    “Based on the success of the Roshan Digital Account framework, the SBP has now devised a comprehensive ‘Customers’ Digital Onboarding Framework’, which will facilitate banks and Microfinance Banks (MFBs) to...

  • Bank account holders can invest in equity market

    KARACHI: Under the State Bank of Pakistan’s (SBP) ‘Shared KYC (Know Your Customer) Project’ resident investors can open accounts in the capital market using their bank’s portal or app, central bank governor Dr Reza Baqir said on Tuesday, adding that the move will pave the way for wider outreach of the equity market...

    During a visit to the Central Depository Company (CDC) to mark the successful operations of important projects for...

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