NBP continues to support FIA’s inquiry related to Hascol KARACHI ( Web News ) “As has been reported in the press, FIA is conducting an inquiry on Hascol Petroleum’s banking arrangements with NBP as well as several private and other public sector banks. NBP has been and continues to cooperateRead More →
The Bank of Punjab to raise Rs 13bn debt for Lucky Electric LAHORE ( Web News ) After successfully raising Rs 7.9bn debt financing for Lucky Electric Power Company Limited (LEPCL) in two tranches, the Bank of Punjab (BOP) has been awarded a third debt arrangement mandate by the companyRead More →
KARACHI ( Web News) The State Bank of Pakistan (SBP) announced its bi-monthly monetary policy on Monday and decided to maintain its policy rate at 9.75 percent. Addressing a press conference in Karachi on Monday, Governor SBP Reza Baqir said that the interest rate will remain unchanged at 9.75 inRead More →
UBL joins forces with Visa to drive fintech enablement in Pakistan by becoming the first Visa Ready BIN Sponsor in the region United Bank Limited (UBL) will be the first bank in Pakistan to sign the Visa Ready BIN Sponsorship program agreement • The program is designed to enable UBLRead More →
SBP Hosts event on “Digital Banks – A New Era in Pakistan” KARACHI ( Web News ) SBP issued “Licensing and Regulatory Framework for Digital Banks” on January 03, 2022. To create awareness of this this important development in regulatory ambit, SBP organized an online event – “Digital Banks – ARead More →
Inauguration Ceremony of BOP ATM at McDonald’s, Lahore Polo Country Club The Bank of Punjab (BOP), one of the country’s leading financial institution with network of 663 branches and 646 ATMs across Pakistan, has signed an MoU with McDonald’s (SIZA Foods Pvt. Ltd.) for installation of ATMs at key McDonald’sRead More →
Dubai Islamic Bank & TPL Life Takaful Signs MoU for Bancatakaful Distribution through Bank’s Touch points LAHORE ( Web News ) Dubai Islamic Bank and TPL Life Takaful signed a MoU whereby customers will be offered unique BancaTakaful plans that will be distributed through the Bank’s distribution channels & customerRead More →
State Bank Of Pakistan Recommends Ban On Cryptocurrency In Pakistan Putting Income Of Thousands Of Miners At Stake Instead of empowering millions of jobless youngsters/students to take benefit from the mining of cryptocurrency, the panel of the State Bank of Pakistan has suggested a complete ban on crypto, etc. ISLAMABADRead More →
The Bank of Punjab and Lahore Qalandars Team Up for PSL Seven LAHORE ( Web News ) The signing ceremony of the partnership agreement between The Bank of Punjab and Lahore Qalandars for PSL Seven was held in Lahore. The agreement was signed by President & CEO The Bank ofRead More →
President upholds decision advising NBP to pay PKR 5 lac to fraud victim ISLAMABAD ( Web News ) President of Pakistan Dr Arif Alvi has upheld a decision of the Banking Mohtasib advising the National Bank of Pakistan (NBP) to pay PKR 500,000 to a citizen who had been theRead More →
The Bank of Punjab (BOP) join hands with M/s IHS Markit for Trade Compliance Solution LAHORE ( Web News ) BOP has signed an agreement with M/s IHS Markit Trade for the implementation of IHS Maritime & Trade Products Solution for price verification of import & export commodities, checking ofRead More →
Easypaisa Hosts AppCon ’21 to Promote Digital Skills of Pakistani Youth ISLAMABAD ( Web News ) Easypaisa, Pakistan’s leading digital payments platform, continues to strive for a digital Pakistan by enabling the development of the country’s digital landscape. The latest of such efforts was AppCon ’21, Easypaisa’s flagship intervarsity appRead More →