banking

People are converting their savings into the greenback to ward off impact of further rupee depreciation

Pakistan is far away from being able to support and secure crypto currency transactions

Investment in government securities have remained the prime driver behind investments growth

This Card is designed to create customer convenience in the e-commerce universe

Aims to encourage payments through accounts instead of traditional cash over counter

Details of redemption partners are available at Askari Banks’s official website

Global banks wary of opaque regulations, large local rivals

Number increases 17% in 2016-17, says central bank in performance review

Plans to float dollar-denominated Euro and Sukuk bonds to reduce pressure on balance of payments

Bank shows impressive growth in financing portfolio

MoU identifies areas of collaboration

Brokerage houses believe central bank has failed to point out issues on external account front

System expected to become operational by Dececmber 31, agreement signed by SBP, FBR and 1Link 

Bank set to challenge verdict with larger bench; earnings impact to be 29% of book value

NBP chief estimates amount sent via Hawala/Hundi to be $6-7b a year

Will submit report within two weeks, says parliamentary secretary

Bank says it will contest allegations of non-compliance in court of law

A quarter of the firms are engineer helped transform the firm since the 2007-2009 financial crisis

Financial institutions use the messaging system to move trillions of dollars each day

Banks cutting back on compliance hiring as they start deploying new technology

Availability of nationwide network, round-the-clock cash seen as positives for the move.

Will introduce Digital Bank with new and developing technologies

Request is part of proposals that PBA has submitted to FBR.

The use of gaming technology could help central banks communicate with younger people

Central banks of both countries have already inked MoU to enhance trade volume

Ministry of Finance will send names of three bankers to prime minister for appointment

The chairman highlighted that 2016 was the year when the bank completed its 25 years of operation

TD MySpend app uses red, yellow and green messages to warn users when they are paying out more or less than usual

The startup allows you to pay bills or check your bank balance using WhatsApp and Facebook Messenger

More than 770 employees were rounded up from three fictional call-centres in last week's raids

Report says China's credit-to-GDP gap reached 30.1 per cent in the first quarter of 2016

Earnings were up 76% in Q1 compared to 1QCY15

Video shows eight employees lined up on a stage and being asked by a man why they came last in a competition

Will hurt earnings by 6%, lead to additional tax burden in April-June quarter

In all about 15 banks were named in the suit for alleged manipulation of the ISDA fix rate

Banks’ advances-to-deposits ratio goes down to 46.4%, profitability rises

Privatisation Minister Muhammad Zubair received the award given on privatisation of HBL

World oil prices have dropped by more than 70 per cent since June 2014

World Bank report reveals 9% of men and 2% of women in the country move money on their mobiles

Analysts say rise comes on back of increase in currency in circulation

Major banks may warn of slowdown, but indicator suggests alarms premature

General manager says HBL's New York branch is in process of addressing regulators' concerns

Reluctance remains on part of banks, Pakistanis; digital revolution provides hope

Regulatory quality can only be improved if political support is available

Bank’s senior economist feels country will miss IMF-projected GDP growth rate

Banks earn Rs148b in Jan-Sept, up 28.7% year-on-year

Can be a valuable tool for globalisation of local businesses

Amount 19% higher than that of last year; riskless govt securities hold key.

SBP’s liquid foreign exchange reserves decreased by $98 million to $15,104 million

Islamic finance has boomed on the back of strong economic growth in its core markets of the Gulf and southeast Asia