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Muzaffarabad ( Web News ) Bank of Azad Jammu and Kashmir (BAJK) is recording a significant growth in deposits, assets and remittances among other sectors besides earning historic profits. Referring to the review meeting held under the chairmanship of Mr. Khawar Saeed, spokesman of BAJK said that the profit ofRead More →

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ISLAMABAD ( Web News ) Moody’s Investors Service on Wednesday affirmed the B3 long-term deposit ratings of five leading Pakistani banks and changed their outlook to negative from stable as a fallout of its last week’s downgrade of Pakistan’s sovereign rating to negative. These banks are Allied Bank Limited (ABL),Read More →

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BOP’s Khaas Premium Banking offering now at Faisalabad, and Karachi after Lahore LAHORE ( Web News ) The Bank of Punjab (BOP) arranged Khaas customers engagement sessions at Faisalabad and Karachi where selective clients were invited as special guests to meet with the President/CEO BOP Mr. Zafar Masud, Group HeadRead More →

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  Meezan Bank wins the ‘Best Company in Financial Category’ award at MAP 37th Corporate Excellence Awards KARACHI ( Web News ) Meezan Bank, Pakistan’s leading Islamic bank has been conferred with the top honour in the Financial Sector category at the Management Association of Pakistan’s (MAP) 37th Corporate ExcellenceRead More →

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Robberies at ATM machines denting people confidence in bank: SC Court expresses displeasure over delayed investigation of the matter ISLAMABAD  ( Web News ) Supreme Court of Pakistan on Tuesday said that due to robberies at ATM machines, people were losing confidence in banks. A three-member bench headed by JusticeRead More →

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ISLAMABAD (WEB NEWS) Finally Pakistan has started getting benefit of rescheduling of foreign debt in the wake of the most catastrophic floods. The United States is the first country to rollover its $132 million markup payment by Pakistan. Pakistan is also seeking roll-over of $2 billion in Chinese deposits toRead More →

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LAHORE ( Web News ) “In line with its mission to provide innovation and convenience to customers, Bank Alfalah has partnered with Haball, a B2B payments aggregator catering to Shariah-compliant clients, to launch digital supply chain lending in Pakistan. Haball has launched a digital lending platform, “Wisaaq”, which will nowRead More →

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ISLAMABAD ( Web News ) The launch ceremony of report “Pathways to a Sustainable Blue Economy: Role of Financial Institutions” organized jointly by the Sustainable Development Policy Institute (SDPI) and the Bank of Punjab (BOP) was held at Serena Hotel, Islamabad. A round-table discussion was held which was led byRead More →

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ISLAMABAD ( Web News ) State Life Insurance, Pakistan’s Largest Life & Health Insurer has partnered with JazzCash, Pakistan’s leading Fintech, to provide premium collection services to State Life customers directly via mobile wallets. Agreement signed by between Mr. Shoaib Javed Hussain Chairman State Life & Mr. Murtaza Ali, ChiefRead More →

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MUZAFFARABAD ( Web News ) Bank of Azad Jammu and Kashmir’s total asset value has reached the highest level of Rs 27.4 billion which is a record in the last 15 years history of the financial institution. During the first half of 2022, the assets increased by 4 billion rupees.Read More →

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LAHORE ( Web News ) The President of The Bank of Punjab (BOP) and the Vice Chancellor of LUMS entered into an arrangement to create a roadmap for digital innovation and customer experience. The Innovation Center aims to turn challenges into opportunities facing digital ecosystems in various sectors including payments,Read More →

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President Alvi lauds private bank for avoiding undue litigation in disputed transactions cases Urges the private banks of country to provide timely relief to victims of bank frauds ISLAMABAD ( Web News ) While disposing of five separate representations of a private bank against the decisions of the Banking MohtasibRead More →