Pakistan News

    T24 Banking In Pakistan Pharmacology

  • Moody’s lifts Pakistan banking system outlook

    ISLAMABAD: Moody’s Investors Service on Wednesday changed the outlook for the Pakistan banking system to stable from negative, reflecting the improvement in the country’s economic growth prospects...

    “We expect strengthening the economy, together with the central bank’s accommodative monetary policy, to stimulate lending growth and support the banking sector’s loan performance over the next 12-18 months,” says Elena Panayiotou, a...

  • Pakistan must strengthen banking links to boost bilateral trade, says Iranian envoy

    PESHAWAR: Before stre­n­­gthening bilateral trade, Pakistan should facilitate Iran in banking transactions to help our traders, Iranian Ambassador to Pakistan, Mehdi Honardoost said on Monday...

    Meeting with the business community of Khyber Pakh­tunkhwa and office bearers of the Federation of Pakistan Chambers of Com­merce and Industry (FPCCI), he said, “We are in the era of turning around our economy and Pakistan businesses should...

  • UBL adjudged best at first Pakistan Banking Awards

    KARACHI: Six leading banks of the country emerged as winners in the first-ever banking awards in which awards were given in eight categories on the basis of performance and best practices at a ceremony held at the Mohatta Palace on Friday...

    The banking sector in the country has covered a long distance and is currently well positioned to participate actively in its growth and development by expanding the banking net for universal...

  • Iran envoy to Pakistan regrets delay in opening of bilateral banking ties

    ISLAMABAD: Iran’s envoy to Pakistan Mehdi Honardoost on Thursday regretted that establishment of bilateral banking ties was being delayed because of Islamabad’s ‘conservativeness’, while Iran-Pakistan (IP) gas pipeline project remained frozen...

    He was speaking at a seminar at the Strategic Vision Institute (SVI) on “Contem­porary Relations between Pakistan, Iran and Saudi Arabia: Present Challenges”...

  • Banking sector continuing to heal: ECB

    FRANKFURT: Europe’s battered financial sector is showing further signs of healing and the European Central Bank’s raft of different policy measures are contributing to this, a key ECB survey showed on Tuesday...

    The ECB said its quarterly bank lending survey showed that banks are easing credit standards for loans to enterprises, an encouraging sign, since the chronic weakness of credit activity in the euro area has previously been blamed...
  • State Bank to waive charges for mobile banking customers

    ISLAMABAD: The State Bank of Pakistan (SBP) has advised cellular operators to waive account opening charges for customers opening new mobile banking accounts from next year...

    In a written response to a question from Senator Mian Mohammad Ateeq Sheikh, the finance ministry told the Senate in a written response that service charges for branchless banking transactions are set up by banks themselves, on the basis of quality of...

  • ‘Banking business models need review’

    KARACHI: State Bank of Pakistan (SBP) Deputy Governor Jameel Ahmad has emphasised the need for a review of the prevailing banking business models to meet the challenges of rapidly changing financial and technological landscape, a press release said on Wednesday...

  • Branchless banking deposits grow 95pc

    KARACHI: Deposits in branchless banking accounts at the end of June amounted to Rs15...

    According to branchless banking statistics released by the State Bank of Pakistan (SBP) on Thursday, the number of transactions in April-June rose 18...

  • Banking Mohtasib paves way for reconciliation

    The quality and affordability of banking services, coupled with the perceived risks in lending, define the pace of growth of an economy’s credit market...

    Prior to the global financial crisis of 2007 and 2008, Banking Mohtasib Pakistan (BMP) was set up in 2005 as part of far-reaching, market-oriented reforms to address complaints of bank customers...

  • Banking profits dip 2pc

    A number of research reports said banking profits were down due to the maturity of high-yielding Pakistan Investment Bonds (PIBs)...

    According to the latest data issued by the State Bank of Pakistan on Tuesday, the private sector’s credit off-take during the first four months of the current fiscal year is negative...

  • SBP launches helpline to facilitate banking consumers

    The State Bank of Pakistan (SBP) has launched a dedicated helpline to facilitate banking consumers, said a press release issued on Thursday...

    A SBP statement said that it was aimed at facilitating the banking consumers in resolving their complaint against banks, micro-finance banks and development finance institutions...

  • More
Back to top