Banking Sector Archives - Page 36 of 68

National Savings has recently digitized its branches through CBA 03 Million National Savings customers can withdraw their monthly profit through A.T.M cards

On: February 18, 2022

Tagged: digitized its branches, Finance Division, National Savings, National Savings Schemes

LAHORE ( Web News ) National Savings, a premier financial institution, with a vision to “promote and inculcate value of thrift for mobilization of savings” and mission to “be the preferred institution for small savers to facilitate objective of financial inclusion”, is an attached Department of Finance Division, Government ofRead More →

NBP agreement with Board of Revenue and PITB for collection of Stamp Duty/Taxes The E-stamping is one of the landmark schemes launched with the view to facilitate general public/tax payers.

On: February 17, 2022

In: Banking Sector

Tagged: Board of Revenue, National Bank of Pakistan, PiTB, Stamp Duty/Taxes

NBP signs agreement with Board of Revenue and Punjab Information Technology Board for collection of Stamp Duty/Taxes KARACHI ( Web News ) National Bank of Pakistan (NBP), the country’s largest public sector commercial bank, has signed a tripartite with the Board of Revenue (BoR) of Govt. of Sindh and PunjabRead More →

SBP presents commemorative coin to German Ambassador, marking 70 years of diplomatic relations The coin has a diameter of 30.00 mm and weigh of 13 grams with milled serrations on the edge.

On: February 17, 2022

In: Banking Sector

Tagged: 70th anniversary, commemorative coin, Diplomatic relations., German Ambassador, Pak-Germany, State Bank Pakistan

SBP presents commemorative coin to German Ambassador, marking 70 years of diplomatic relations ISLAMABAD ( Web News ) The State Bank of Pakistan (SBP) here on Wednesday presented the commemorative coin of Rs 70 to the German Ambassador for Pakistan to mark 70th anniversary of Pakistan-Germany Diplomatic relations. The coinRead More →

The Bank of Punjab launches Lahore Qalandars Co-branded/Affinity Debit Card BOP and LQDC is first of such planned products developed under the umbrella of the partnership.

On: February 14, 2022

In: Banking Sector

Tagged: 3 years agreement, 662 branches, bank of punjab, CEO Zafar Masud, Cricket economy, Lahore Qalandars

The Bank of Punjab launches Lahore Qalandars Co-branded/Affinity Debit Card LAHORE ( Web News ) The Bank of Punjab (BOP), one of the leading financial institutions with a network of 662 branches across Pakistan, signed a partnership agreement with PSL franchise Lahore Qalandars in January 2022 where BOP is theirRead More →

UBL Buying 55% Shares Of Telenor Microfinance Bank, Gets Go-Ahead From SBP For Due Diligence The UBL management has shared this development with its shareholders and the PSX to fulfill a regulatory requirement.

On: February 14, 2022

In: Banking Sector

Tagged: granted in-principle approval, sale 55% shares, State Bank of Pakistan, Telenor Microfinance Bank, United Bank Limited

UBL Buying 55% Shares Of Telenor Microfinance Bank, Gets Go-Ahead From SBP For Due Diligence The UBL management has shared this development with its shareholders and the Pakistan Stock Exchange (PSX) to fulfill a regulatory requirement. ISLAMABAD ( JAVED MAHMOOD ) United Bank Limited is in the process to acquireRead More →

Governor SBP Dr. Reza Baqir receiving Rs 2.5 million monthly salary Dr. Baqir's appointment as the State Bank Governor, he worked at the IMF for 18 years.

On: February 12, 2022

In: Banking Sector

Tagged: Dr. Reza Baqir, Irfanul Haque Siddiqui, Rs 2.5 mi monthly salary, State Bank of Pakistan

Governor SBP Dr. Reza Baqir receiving Rs 2.5 million monthly salary long with other perks ISLAMABAD ( Web News ) State Bank of Pakistan (SBP) Governor Dr. Reza Baqir receives a monthly salary of Rs2.5 million and worked at the International Monetary Fund (IMF) for 18 years prior to hisRead More →

Khushhali Microfinance Bank launches USSD Banking for remote-monitoring of accounts The customers do not need to own a smartphone for using this new service based on a secured USSD channel

On: February 11, 2022

In: Banking Sector

Tagged: Jazz/Warid, Khushhali Microfinance Bank, launches USSD, remote-monitoring, UFONE, ZONG

Khushhali Microfinance Bank launches USSD Banking for remote-monitoring of accounts It enables phone-users to remotely monitor their Khushhali bank accounts ISLAMABAD ( Web News ) Khushhali Microfinance Bank Limited (KMBL) – a leading financial institution in Pakistan, has pioneered another technological advancement to add convenience for its customers, with aRead More →

MCB, Bank Al-Habib, BAFL Report Rs107 Billion Profits In 2021: TTI Exclusive News Despite the Covid pandemic driven economic slowdown in Pakistan, banking sector has demonstrated an outstanding financial performance

On: February 10, 2022

In: Banking Sector

Tagged: Bank Al-Falah, Bank Al-Habib, Banking Sector, COVID pandemic, economic slowdown, financial performance, MCB Bank, Rs. 53.30 billion profit

MCB, Bank Al-Habib, BAFL Report Rs107 Billion Profits In 2021: TTI Exclusive News In term of profit, Habib Bank Limited, MCB Bank, United Bank Limited, Allied Bank are the top banks which report higher annual profits in comparison with medium and small banks operating in Pakistan. ISLAMABAD ( JAVED MAHMOODRead More →

SBP. Act aims at Improving Efficiency through Independence: Speakers Different governments have directly borrowed from the state bank, at different times for fiscal support. Hafeez

On: February 9, 2022

In: Banking Sector

Tagged: Dr Shamshad Akhtar, Dr. Hafeez Pasha, Dr. Hamza Ali Malik, IMF and conditions, Improving Efficiency, State Bank Pakistan Act

The State Bank of Pakistan Act aims at Improving Efficiency through Independence: Speakers ISLAMABAD ( Web News ) Former Finance Minister Dr. Hafeez Pasha says, the need of an autonomous State Bank was always there, as the successive governments have been intervening, in matters related to monetary policies. HeRead More →

Women’s financial inclusion has emerged as a priority for Pakistan’s largest digital bank MMBL launched its ‘9-Point Agenda for Financial Inclusion’ to promote sustainable and inclusive economic growth,

On: February 8, 2022

In: Banking Sector

Tagged: MMBL’s celebration, State Bank of Pakistan, women entrepreneurs, Women half total population, Women Inspirational Network

MMBL’s celebration of a milestone year under Women Inspirational Network (WIN) commended by SBP ISLAMABAD ( Web News ) Women make up almost half of Pakistan’s total population, but their contribution to measured economic activity is far below its potential due to limited access to quality and affordable financial services.Read More →

OICCI Women Empowerment Awards 2021 Recognize Mobilink Microfinance Bank Ltd We are doing and remain committed to maintaining the same momentum going forward. Ghazanfar Azzam

On: February 4, 2022

In: Banking Sector

Tagged: Bint-e-Hawwa, largest digital bank, Leading Initiatives, Mobilink Microfinance Bank, OICCI

OICCI Women Empowerment Awards 2021 Recognize Mobilink Microfinance Bank Ltd. for Leading Initiatives in Diversity and Inclusion ISLAMABAD ( Web News ) Overseas Investors Chamber of Commerce and Industry (OICCI) has honored Mobilink Microfinance Bank Ltd. (MMBL), Pakistan’s largest digital bank, with their prestigious Gender Balance Workforce Award at theRead More →

Former National Bank vice-president Usman Saeed gets 4-year jail for corruption The court also awarded Usman Saeed, Rs10 million fine and disqualified him any government office for 10 years.

On: January 29, 2022

In: Banking Sector

Tagged: disqualified for 10 year, Former Vice-President, National Bank Pakistan, sell the convict’s lands, Usman Saeed

Former National Bank vice-president gets 4-year jail for corruption LAHORE ( Web News ) An accountability court in Lahore on Friday awarded four-year jail to a former senior officer of the National Bank of Pakistan (NBP) for committing corruption of millions of rupees, reported 24NewsHD TV channel. The court also awarded Usman Saeed, a former NBP vice-president,Read More →

Banking Sector (Page 36)

National Savings has recently digitized its branches through CBA 03 Million National Savings customers can withdraw their monthly profit through A.T.M cards

NBP agreement with Board of Revenue and PITB for collection of Stamp Duty/Taxes The E-stamping is one of the landmark schemes launched with the view to facilitate general public/tax payers.

SBP presents commemorative coin to German Ambassador, marking 70 years of diplomatic relations The coin has a diameter of 30.00 mm and weigh of 13 grams with milled serrations on the edge.

The Bank of Punjab launches Lahore Qalandars Co-branded/Affinity Debit Card BOP and LQDC is first of such planned products developed under the umbrella of the partnership.

UBL Buying 55% Shares Of Telenor Microfinance Bank, Gets Go-Ahead From SBP For Due Diligence The UBL management has shared this development with its shareholders and the PSX to fulfill a regulatory requirement.

Governor SBP Dr. Reza Baqir receiving Rs 2.5 million monthly salary Dr. Baqir's appointment as the State Bank Governor, he worked at the IMF for 18 years.

Khushhali Microfinance Bank launches USSD Banking for remote-monitoring of accounts The customers do not need to own a smartphone for using this new service based on a secured USSD channel

MCB, Bank Al-Habib, BAFL Report Rs107 Billion Profits In 2021: TTI Exclusive News Despite the Covid pandemic driven economic slowdown in Pakistan, banking sector has demonstrated an outstanding financial performance

SBP. Act aims at Improving Efficiency through Independence: Speakers Different governments have directly borrowed from the state bank, at different times for fiscal support. Hafeez

Women’s financial inclusion has emerged as a priority for Pakistan’s largest digital bank MMBL launched its ‘9-Point Agenda for Financial Inclusion’ to promote sustainable and inclusive economic growth,

OICCI Women Empowerment Awards 2021 Recognize Mobilink Microfinance Bank Ltd We are doing and remain committed to maintaining the same momentum going forward. Ghazanfar Azzam

Former National Bank vice-president Usman Saeed gets 4-year jail for corruption The court also awarded Usman Saeed, Rs10 million fine and disqualified him any government office for 10 years.

PSO – posts a profit of 13.4 billion in 9MFY24

HEC Introduces New Selection Criteria For Scholarships, MPhil And PhD Programs