Breaking News
- 18-09-2017Remittances rise by13pc
- 18-09-2017NAB moves against NBP’s ex-president, Azgard Nine CEO
- 18-09-2017KSE-100 index loses 274 points amid low volumes
- 18-09-2017Foreign reserve: SBP’s reserves increase 0.52%, amount to $14.76b
- 18-09-2017Bank assets rise 0.91pc
- 18-09-2017Rupee to come under pressure as reserves slide
- 18-09-2017Bears dominate market in week’s first session
Latest Financial News
Remittances rise by13pc
- TBP
- 18-09-2017
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NAB moves against NBP’s ex-president, Azgard Nine CEO
- TBP
- 18-09-2017
- 0 comments
KSE-100 index loses 274 points amid low volumes
- TBP
- 18-09-2017
- 0 comments
Foreign reserve: SBP’s reserves increase 0.52%, amount to $14.76b
- TBP
- 18-09-2017
- 0 comments
Bank assets rise 0.91pc
- TBP
- 18-09-2017
- 0 comments
Rupee to come under pressure as reserves slide
- TBP
- 18-09-2017
- 0 comments
Bears dominate market in week’s first session
- TBP
- 18-09-2017
- 0 comments
Pak tax revenue stands at 12.6pc of GDP: ADB
- TBP
- 18-09-2017
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Week-On-Week: SPI falls 0.27%
- TBP
- 16-09-2017
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Multibillion-rupee scam: SBP given three days to probe latest NBP fraud
ISLAMABAD: Finance Minister Ishaq Dar is learnt to have directed the State Bank of Pakistan (SBP) to launch an investigation into a multibillion-rupee fraud in the National Bank of Pakistan (NBP) and submit a report within three days. The NBP itself had filed a complaint with the FIA and nominated a senior woman executive, who confessed […]
NBP’s female official arrested for ‘Rs1.5 billion fraud’
ISLAMABAD: The Federal Investigation Agency has recently arrested a senior female officer of the National Bank of Pakistan along with four officers of another organisation on charges of irregularly withdrawing billions of rupees from bank accounts. An assistant vice president of the NBP was arrested this week after the bank lodged a complaint that the officer […]
Near about $8 Billion Dollars Laundered abroad by Pakistani Banks
The State Bank of Pakistan (SBP) on Wednesday said that around $7.9 billion capital had flown out of the country in the last five years from foreign currency accounts opened under the protection of Economic Reforms Act 1992. The SBP officials informed the National Assembly’s Standing Committee on Finance that there was no bar on […]
SBP issues import-related directives
KARACHI: Importers are no more required to submit original shipping and transport
PSX registers gains amid foreign inflows announcement
The Pakistan Stock Exchange (PSX) closed slightly higher on Friday with the benchm
Currency: Rupee stable against dollar
KARACHI: The rupee remained stable against the dollar at 105.4/105.6 in the inter
Reasons traced behind ballooning fiscal deficit
ISLAMABAD: As record Rs1.863 trillion budget deficit during the last fiscal year
PSX lands in green amid cautious trading
Pakistan Stock Exchange (PSX) closed higher on Tuesday, with the benchmark KSE-100
Accords for $435m ADB loan signed
ISLAMABAD: Pakistan and the Asian Development Bank (ADB) on Tuesday signed two lo
Banks’ profitability falls, asset base expands: SBP
KARACHI: The asset base of the banking sector expanded 8.3 per cent in the second
Banks shy away from their core function — lending
Over the past two and a half decades, bank loans to creditworthy private businesse
ADB signs loan pacts for development projects
ISLAMABAD: The Asian Development Bank (ADB) signed two loan agreements totalling $
Deposits of Islamic banks grow 10pc
KARACHI: Islamic banks beat their conventional banking counterparts by mobilising
LEADERSHIP MASTER CLASS
WORLD FINANCIAL NEWS
World
IMF to launch new form of aid—with no money
- TBP
- 27-07-2017
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Saudi economy becomes stagnant due to Mideast growth: IMF
- TBP
- 25-07-2017
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Asia
Wavering risk appetite after Manchester blast weighs on sterling, Asia stocks, lifts yen
Sterling slipped on Tuesday after a suspected suicide attack killed at least 22 people and wounded 59 at a pop concert in the English city of Manchester, while the euro held gains made after German Chancellor Angela Merkel said it was “too weak”. Despite the explosion, at a concert by US singer Ariana Grande, European markets […]
TOP BANKS PROFILE
Banking & Financial Scams
SBP’s reserves continue to fall, amount to $15.9b
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased 0.104% on a weekly basis, according to data released on Thursday. On May 12, the foreign currency reserves held by the central bank were recorded at $15,895.9 million, decreasing $16.6 million or 0.104%, compared to $15,912.5 million in the previous week, according to […]
Anti-money laundering, terror financing measures reviewed
- TBP
- 03-03-2017
- 0 comments
Brokerage fraud: Victims form body to help recover Rs5b
- TBP
- 13-02-2017
- 0 comments
Western Union admits to aiding wire fraud, to pay $586m
- TBP
- 01-02-2017
- 0 comments
Plea bargain helped recover Rs285 billion, says NAB chief
- TBP
- 31-12-2016
- 0 comments
Multibillion-rupee scam: SBP given three days to probe latest NBP fraud
- TBP
- 27-12-2016
- 0 comments
NBP’s female official arrested for ‘Rs1.5 billion fraud’
- TBP
- 10-12-2016
- 0 comments
BANKING MANAGEMENT
Executive MANAGEMENT
Masood Karim appointed acting NBP President
- TBP
- 21-01-2017
- 0 comments
Tahir Hassan assumes office as ABL CEO
- TBP
- 05-01-2017
- 0 comments
MANAGER
Sohail Kazmi AVP/Senior Manager Projects MCB Digital Banking
- TBP
- 24-08-2016
- 0 comments
Delayed Justice: Bank manager arrested for fraud
- TBP
- 14-01-2016
- 0 comments
Employee
National Bank of Pakistan In Trouble
- TBP
- 08-04-2014
- 0 comments
EMPLOYEE OF THE MONTH
Selling Strategies from the only Youngest Branch Manager in Pakistan Banking
- TBP
- 02-04-2014
- 0 comments
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Pakistan's premier banking institution, Bank Alfalah has struck a historic deal with the cou...
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MCB Bank Limited, Pakistan’s leading private sector bank, was declared one of the Top 25 companies...
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JazzCash has announced the launch of Near Field Communication (NFC) payments for its mobile account ...
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LATE last month, the par> ent companies of two of the country`s four cellular service pro...
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UBL Omni (UBL’s branchless banking service) recently launched a new advertising campaign demonstra...
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Cartoon
Banking Institutions
SBP promises support to NBF institutions
- TBP
- 14-01-2016
- 0 comments
State Bank of Pakistan
SBP News
Banks asked to end discriminatory lending
KARACHI: The State Bank of Pakistan (SBP) believes banks follow a discriminatory lending policy that hurts the economy and violates rules set for financial institutions. The SBP asked banks and development finance institutions (DFIs) on Monday not to discriminate against any segment of society. Banks and DFIs are required to desist from adopting discriminatory practices on the basis of […]
SECP News
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ISLAMABAD: Interior Minister Chaudhry Nisar Ali Khan on Tuesday ordered the Securities and E... -
MULTAN: The government has failed to achieve the tax targets fixed for 2016-17 despite empl... -
ISLAMABAD: Despite a legal provision under the SECP Act, 2016, the finance ministry has deci... -
KARACHI: In its proposals for the upcoming budget, the Federation of Pakistan Chambers of Co...
EDITORIAL
High fiscal deficit coupled with massive debt burden is the toughest challenge for economic managers
Debt burden of Pakistan, internal and external, during the last 10 years has been increasing at an alarming rate — courtesy fiscal mismanagement, incompetence and sheer callousness of the rulers. According to latest data released by the State Bank of Pakistan (SBP), total debts/liabilities as on June 30, 2016 reached Rs22.459 trillion as against Rs19.846 […]
Low remittances, surging imports hit rupee
- TBP
- 04-09-2016
- 0 comments
Life of small and medium size banks in Pakistan is getting tougher
- TBP
- 29-08-2016
- 0 comments
Openion & Anylisis
Sliding rupee
- TBP
- 06-07-2017
- 0 comments
CONTRIBUTORS
FINANCE HIGHLIGHTS
SPECIAL REPORT
Market watch: KSE-100 ends week with 533-point gain, but volume still down
KARACHI: Driven by value buying, the KSE-100 Index gained 532.77 points for an increase of 1.13%, a welcome sign for stock market participants who had been sidelined due to political noise, broker defaults and terror incidents in the country. The KSE-100, which hit a record high at the end of January before retreating close to 6% […]
STORIES
The Chinese imprint
- TBP
- 05-09-2016
- 0 comments
Cabinet Division seeks cabinet’s endorsement for decision on sell off
- TBP
- 29-08-2016
- 0 comments
Documentation of the history of Pakistani currency
- TBP
- 29-08-2016
- 0 comments
Banking Associations
Direct taxation: ACCA for different approach to tax management
- TBP
- 25-08-2016
- 0 comments
The Financial Markets Association of Pakistan
- TBP
- 08-04-2014
- 0 comments
Pakistan Banks’ Association
- TBP
- 08-04-2014
- 0 comments
TRANSFER & POSTINGS
STREET TALKS
Docthers plans health facilities for BISP beneficiaries
- TBP
- 09-12-2016
- 0 comments
BANKING TRENDS
Bank Alfalah’s booth at cattle market
- TBP
- 15-09-2016
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Banking Sports
Banks ready to extend loans to sports goods industry
The scheduled commercial banks have shown keen interest in issuing soft-term business loans to the Sialkot-based industrialists and exporters, enabling them to expand their sports goods business and exports. A seminar titled ‘Long-Term Financing Facility (LTFF) for Sports Goods Industry SMEs’ was held at Sports Industries Development Center (SIDC) here on Tuesday under the auspices […]
NBP, PIA, SSGC reach last four
- TBP
- 12-08-2016
- 0 comments
SBP keep pace with K-Electric in semi-final race
- TBP
- 16-03-2016
- 0 comments
WEEK IN SHORT
Remittances rise by13pc
- TBP
- 18-09-2017
- 0 comments
NAB moves against NBP’s ex-president, Azgard Nine CEO
- TBP
- 18-09-2017
- 0 comments
KSE-100 index loses 274 points amid low volumes
- TBP
- 18-09-2017
- 0 comments
Foreign reserve: SBP’s reserves increase 0.52%, amount to $14.76b
- TBP
- 18-09-2017
- 0 comments
