Pakistan News

    State Bank Of Pakistan Islamabad Branch Address

  • Bank of China to open first branch in Pakistan

    Bank of China (BoC) will be setting up its first branch in Pakistan as it has received its banking license from the State Bank of Pakistan (SBP)...

    Finance Minister Ishaq Dar met with Bank of China Chairman Tian Guo Li in Beijing, where the latter was invited to visit Pakistan to inaugurate bank's first branch in Pakistan, expected to be set up in Karachi...

  • Former NBP president arrested on corruption charges involving bank's Bangladesh branch

    The National Accountability Bureau (NAB) on Friday arrested former National Bank of Pakistan (NBP) president Syed Ali Raza on charges of corruption after the Sindh High Court turned down Raza's bail request...

    The National Accountability Bureau (NAB) had filed a reference against the former NBP chief and other officials for allegedly misusing their authority by granting and revising financing facilities in the NBP Bangladesh branch...

  • Bank of China to open branch in Gwadar soon

    GWADAR: The Bank of China, along with other national and international banks, plans to open a branch in Gwadar, said Gwadar Port Authority Chairman Dostain Khan Jamaldini in a meeting with the president of the Summit Bank, Zaheer Esmail, here on Thursday...

    Mr Jamaldini claimed that with the Gwadar Deep Seaport becoming operational, several of the country’s commercial banks were interested in opening branches in the port city and the...

  • Habib Bank to open branch in China

    KARACHI: Habib Bank Limited on Monday announced it had received a licence to open a branch in China, a move that would make it the first South Asian lender to operate in the world’s number two economy...

    HBL said it would open a branch in Urumqi, the largest city in the province of Xinjiang, which lies along the traditional Silk Route and borders Pakistan...

  • Rs540,000 looted from bank branch in Ranchhore Line

    KARACHI: More than half a dozen armed robbers stormed into a private bank branch in Ranchhore Line on Tuesday and walked off with half a million rupees in this year’s eighth such heist in the city, officials said...

    They added that over six armed motorcyclists pulled up at Summit Bank near Lakh Pati Chowk in Ranchhore Line and four of them disarmed a security guard deputed at its entrance...

  • Iranian bank to open branch ‘very soon’: CG

    LAHORE: An Iranian bank will open its first branch in Karachi “very soon,” as the State Bank of Pakistan (SBP) and the Central Bank of Iran have already finalised all modalities, according to Iranian Consul General Mohammad Hossein Bani Asadi...

    Speaking at the Lahore Chamber of Commerce and Industry (LCCI) on Tuesday, Mr Asadi said Iran wants to be a part of the China-Pakistan Economic Corridor (CPEC)...

  • Withholding tax slows down bank deposit growth: State Bank

    KARACHI: Withholding tax (WHT) on financial transactions is acting against the goal of achieving financial depth, a State Bank of Pakistan’s (SBP) report said on Friday, highlighting that for the first time since 2009-10 the monetary expansion came more from currency in circulation than the bank deposit growth...

    The campaign could not sustain despite the fact that the business community, particularly retailers and medium-sized...

  • We see Pakistan as 'a terrorist state': India replies to Nawaz's UNGA address

    NEW YORK: India, exercising its Right of Reply to Prime Minister Nawaz Sharif's United Nations General Assembly (UN) address, levelled serious allegations against Pakistan in its rebuttal, terming it a 'terrorist state', which Pakistan in a reply to India strongly rejected...

    Nawaz Sharif had in his speech maintained that Pakistan wants peace with India but it is "not possible without resolving the Kashmir issue"...

  • World Bank asked to make India address Pakistan’s concerns on dam

    ISLAMABAD: The Foreign Office on Friday expressed concern over the upcoming inauguration of Kishanganga Hydroelectric Project (KHEP) and called on World Bank (WB) to push India to address Pakistani concerns...

    “Pakistan believes that the inauguration of the project without the resolution of the dispute is tantamount to violation of the Indus Waters Treaty (IWT),” an official statement said...

  • Special Branch suggests talks with protesters

    ISLAMABAD: The intelligence wing of the capital police on Friday suggested negotiations with the organisers of the protesters at Faizabad even though the Islamabad High Court (IHC) directed the government to take action for reopening the blocked roads...

    The Special Branch briefed senior police and administration officers at a meeting about the situation...

  • Special Branch wants terror suspects placed on fourth schedule

    RAWALPINDI: The Special Branch has asked the Punjab Home Department to place the names of 22 individuals who were accused of terrorism-related crimes and released from prison, on schedule four of the Anti-Terrorism Act (ATA)...

    SI Asim Rizvi’s addition to the fourth schedule has been sought after he joined the Tehreek-i-Laibak Ya Rasool Allah, a religious party that recently took part in the NA-120 by-election and whose registration...

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