Search Results for 'Bank'

US dollar reaches Rs160 in interbank market

US dollar reaches Rs160 in interbank market

US dollar reached Rs160 in the interbank market on Wednesday. The US dollar rose by Rs2.2 at the start of the trading. The rupee has been falling against the dollar following an agreement with the International Monetary Fund on a $6 billo [...]

Posted On : Jun, 26 2019 | Comments : 0

US dollar hits all-time high of Rs142 in interbank market

US dollar hits all-time high of Rs142 in interbank market

The US dollar hit an all-time high of Rs142 in the interbank market on Friday. The greenback gained by Rs8 (a five percent increase) to touch the new high in the interbank market. The dollar stood at Rs 134 when the market closed on Thurs [...]

Posted On : Nov, 30 2018 | Comments : 0

HBL Leads the Way as the only Bank with a Branch in Gwadar and China

HBL Leads the Way as the only Bank with a Branch in Gwadar a...

HBL opened its branch in the Gwadar Free Zone on the 29th of January 2018, making it the only bank to have a branch in Gwadar as well as China.The branch was inaugurated by the Ambassador of China to Pakistan, Mr. Yao Jing, along with Mr. [...]

Posted On : Feb, 06 2018 | Comments : 0

Theatre Actress Nida Chaudhry Concealed Bank Account: FBR

Theatre Actress Nida Chaudhry Concealed Bank Account: FBR

Theatre actress Nida Chaudhry has been warned by Federal Board of Revenue (FBR) on Tuesday to file Rs 73.68 lac tax by January 8, 2017 or face legal action after an undeclared bank account to her name carrying at least Rs 20 million was r [...]

Posted On : Jan, 06 2018 | Comments : 0

Jazzcash And JS Bank To Launch Direct Debit Servicing For The First Time In Pakistan

Jazzcash And JS Bank To Launch Direct Debit Servicing For Th...

Expanding itself in the domain of digital payments, JazzCash has entered into an agreement with JS Bank whereby Jazz customers will have access to Direct Debit functionality. Developed on JazzCash Payment Gateway, Direct Debit will bring [...]

Posted On : Nov, 07 2017 | Comments : 0

Special Edhi coin to be issued by State Bank

Special Edhi coin to be issued by State Bank

The State Bank of Pakistan (SBP) will issue a special coin in honour of celebrated humanitarian Abdul Sattar Edhi who passed away last week. The denomination, shape and other details regarding the coin will be announced on Saturday at a s [...]

Posted On : Jul, 14 2016 | Comments : 0

Karachi’s Banks are Not A Safest Place For Your Valuables

Karachi’s Banks are Not A Safest Place For Your Valuables

Karachi is the largest and most populous metropolitan city of Pakistan, ranked as 3rd-largest city in the world by population. It is Pakistan’s centre of banking, economic activity, and industry. The city is a hub of higher educatio [...]

Posted On : Apr, 09 2014 | Comments : 0

93% banks’ branches offering real-time online banking services in Pakistan

93% banks’ branches offering real-time online banking servic...

About ninety-three percent banks’ branches are now offering real-time online banking services in the country, according to State Bank of Pakistan’s Payment Systems Quarterly Review for the Fourth Quarter of FY12 released to [...]

Posted On : Aug, 27 2012 | Comments : 0

Soneri Bank wins award for ‘Best Bank of the Year 2011’

Soneri Bank wins award for ‘Best Bank of the Year 2011’

Soneri Bank is proud to have been honored by the CFA Association with the ‘2011, Best Bank of the Year’ award in the medium banks’ category. This accolade marks the Bank’s impressive and growing performance du [...]

Posted On : Jul, 10 2012 | Comments : 0

ATM’s, online transaction in fashion: E-banking use on the rise in Pakistan

ATM’s, online transaction in fashion: E-banking use on the r...

The use of electronic payment system have been increased by the customers having multiple types of accounts in the country as advance mode of transactions are available to them including ATM, online, retail outlets thanks to banks. T [...]

Posted On : May, 30 2012 | Comments : 0

World Bank approves $550 million loan for Pakistan

World Bank approves $550 million loan for Pakistan

The World Bank on Friday approved $550 million loans for Educational and Natural Gas projects in Pakistan, report said. The report said that the Executive Board of the Washington-based lending agency approved $200 million for natural [...]

Posted On : Apr, 27 2012 | Comments : 0

Branchless Banking Growing Rapidly in Pakistan

Branchless Banking Growing Rapidly in Pakistan

The Branchless Banking network in Pakistan expanded by 16 percent in the second quarter (October- December 2011) of current fiscal year 2011-12 to reach 22,512 agents covering entire length and breadth of the country, reported by the S [...]

Posted On : Mar, 15 2012 | Comments : 0

What Are the Main Reasons to Be Cautious of Mobile Banking?

What Are the Main Reasons to Be Cautious of Mobile Banking?

Mobile banking is still a fairly new technology. More and more people are now using their mobile devices to check their balances, make payments and do everything else that we’re used to doing online: so are there any reasons for cau [...]

Posted On : Jan, 30 2012 | Comments : 0

MCB wins “Best Bank Of The Country award”

MCB wins “Best Bank Of The Country award”

KARACHI: Muslim Commercial Bank Limited has won two Chartered Financial Analyst Association, Pakistan (CFAAP) award for Best Bank of the Country and Most Stable Bank of the Country for year 2010.   Chartered Financial Analyst [...]

Posted On : Jul, 07 2011 | Comments : 0

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