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Dutch bank offers loan for agri development in Sindh
CM Shah stressed the need for enhancing the canal system, irrigation network, and drainage system
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From crusaders to bankers
When Templar knights were created, initial aim was to protect Christian travellers who evolved into first financiers
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FIA arrests female suspect in bank account fraud
Arrested woman shares crucial details with agency
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Banks hesitant to fund wheat buying
ECC members say provinces should seek loans on their own without govt guarantee
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Banks achieve 86% growth in profits
Boost total earnings to record high of Rs572b amid higher interest rate season
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Banks must guard against faster bank runs: BoE’s Hauser
Bank of England says banks must retain adequate financial buffers to avoid increasing risk of bank runs
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Understanding bank run, consequences for economy
It sparks industry-wide panic that can lead to financial crisis, deepen recession
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Client, their prosperity big motivators for microfinance bank
Khushhali Bank looks forward to continuing to positively impact clients’ lives, their communities
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AIIB says it won’t become ‘disoriented’ by geopolitics
Plans to stick to its mandate as an apolitical multilateral lender
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Deutsche Bank shares plunge 14.9%
Germany’s largest bank sees $3b wiped off market value in just a week
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UBS under pressure to take over Credit Suisse
Bank ensnared in turmoil after collapse of two US lenders
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Moody’s downgrades First Republic Bank
Expects Fed to continue tightening monetary policy
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Closure of SME Bank leaves sector devastated
Businessmen say micro to medium-sized entrepreneurs not taken seriously
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Govt raises Rs1.57tr through T-bill auction
Banks also upped cost of financing, indicating possible hike in SBP’s policy rate next month
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Amid economic crisis, cabinet writes Rs20 billion cheque in favour of banks
Direct borrowing from commercial banks will result in annual income tax loss of billions, compromise transparency
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‘Scores of complaints lodged against top 5 banks’
Ombudsman says justice is delayed in one of five cases due to unresponsive attitude of banks
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Banks to provide ‘one-time’ facility to importers
SBP advised banks to process and release documents of shipments that have already arrived at ports
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Teaching Quran be made ‘compulsory at varsities’
Senate also passes bill to further amend State Bank Act, 1956
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Private financing up by 7.4%
Growth in bank advances, drop in deposits helped them avoid additional taxes
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Govt raises only Rs315b from T-bills
Lenders anticipate a further increase in central bank’s interest rate
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Deadline to sell stake in Caixabank extended
4th extension to the govt’s self-imposed deadline
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UBL, SEDF to provide subsidised credit
UBL to provide project financing to SMEs, agriculture sector; SEDF to provide mark-up subsidy on loans
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Govt gets less-than-targeted financing in T-bills auction
Banks inject Rs215 billion into govt papers at sharply higher rate of return
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Kibor hits all-time high at 16.81%
Six-month Kibor increased by 91 basis points from 15.9% on Friday
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Bank Alfalah to buy back 200m shares
Move will have positive effect on share value, return on equity
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HBL raises staff service age to 65 years
The new rule has come into effect from Sept 1, 2022
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2kgs of gold missing from DHA bank locker
According to the current market rate, its value is more than Rs24 million
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Afghan central bank ‘recovers $12.3m cash from ex-govt officials’
Taliban-controlled central bank also urges all Afghans to use the country's local currency
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SBP reserves rise $384m to $16.4b
Central bank cites no reason for increase
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Bank deposits grow 17% to Rs17.25tr in Feb
Lending to private sector improves amid partial revival in economic activities
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Roshan Digital Account attracts over $480m in five months
Around 86,000 accounts have been opened under the initiative in Pakistani banks
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Bank deposits grow 16.5% in one year
Most businesses, individuals opted to save money amid Covid outbreak
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Villagers carry corpse to bank to withdraw money
They took Yadav's bank passbook along with his corpse to withdraw the money to pay for his funeral
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Blast reported at a bank in Karachi's Paposh Nagar
Nature of the blast is yet to be determined
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Bank deposits grow 20% to Rs16.66tr
Deposits are mainly used to meet govt financing needs; private sector lags behind
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Bank plans angel investment fund
Wants to develop viable structure for increasing lending to housing sector
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PM Imran appreciates interest in Roshan Digital Account initiative
Says over 21,000 digital accounts have been opened, $24m received
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Bank lending to consumers picks up
Improvement in bank advances indicates businesses are gradually reviving
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Govt to close its accounts in banks
Will transfer deposits to centralised account at State Bank of Pakistan
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PM Imran to inaugurate 'Roshan Digital Account' today
The SBP-led initiative will allow millions of overseas Pakistanis to undertake fund transfers, bill payments
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Inter-bank market Rupee weakens against dollar
The rupee weakened against the dollar at Rs168.43 in the inter-bank market
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Inter-bank market rupee strengthens against dollar
Earlier, the SBP let rupee depreciate massively in the inter-bank market
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ADB approves $500m emergency loan for Pakistan
Money would help deliver social protection programmes to poor, expand health sector capabilities and create jobs
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Central banks’ battle could stretch
Banks buying govt bonds, corporate debt to help businesses through pandemic
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Bank deposits soar to record high in past six months
Increase comes on back of high govt borrowing, sluggish spending by businesses
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Properties of Shehbaz’s son-in-law to be auctioned
Residence, commercial property to be auctioned on March 27
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Foreign exchange SBP reserves jump $157m to $12.43b
Central bank cites no reason for the increase in reserves
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In Pakistan, banks' foreign reserves continue to drop
Reserves depleted by around $1b from August 2019 to January 2020
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Bank profits to grow steadily in Pakistan: Moody’s
Profit growth will come from increasing lending to government at high rates
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Bank manager booked in Rs200m embezzlement
The culprit was released on bail