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Expectation: SBP will maintain benchmark interest rate, analysts predict
Currently, the discount rate is 6.5% while the target rate stands at 6%
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PICIC Insurance up for merger with Crescent Star
Both companies among smaller players in country’s non-life insurance industry
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Possible upgrade: Pakistan stocks reclassification process getting under way
MSCI to announce in June whether Pakistan will enter its Emerging Markets Index
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AWT eager to acquire East West Life Assurance
It makes sense to buy small company and grow it rather than buy large one, analyst says
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Acquisition: Cairo-based firm wants to sink teeth in Pakistan’s brokerage industry
EFG-Hermes Holding Company expresses interest in acquiring majority stake in IFS
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Cairo-based firm wants to sink teeth in Pakistan’s brokerage industry
EFG-Hermes Holding Company interested in buying majority stake in Karachi-based brokerage house
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Summit Bank interested in acquiring Burj Bank
Applies for SBP’s permission to conduct due diligence
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Telenor now owns 100% of Tameer
The group controlling 100% shares in Tameer means Easypaisa will immediately become part of the microfinance bank
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Telenor buys Tameer Bank
Bank's founder Nadeem Hussain says he and other minority shareholders have sold their 49% stake to the Telenor Group
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Traditional banking doesn’t bring profits - treasury managers do
Major banks’ share of income from treasury dwarfs all other segments’ income