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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 →

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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 →

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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 →

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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 →

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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 →

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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 →

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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 →

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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 →

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Looking Ugly’: Crypto Market Crash Intensifies After $300 Billion Sell-Off—How Low Can Bitcoin Prices Go? WASHINGTON / LONDON ( Web News ) The price of bitcoin fell to a three-month low Monday morning, continuing a slide that began when the Federal Reserve sparked a broad sell-off last week by cautioningRead More →

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Hysab Kytab’s PFM integrated by NdcTech in Bank of Punjab’s Digital App LAHORE ( Web News ) The Bank of Punjab will be integrating a local FinTech Hysab Kytab’s solution for Personal Finance Management (PFM) into its Digital Banking services. This collaboration will be enabled through NdcTech, an award-winning regionalRead More →

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Recently, the proposed SBP Amendment Act 2021 has been presented in parliament for formal approval. ISLAMABAD ( Web News ) The National Accountability Bureau and the Federal Investigation Agency will have full powers to investigate SBP officials for criminal or corruption-related matters under the proposed State Bank of Pakistan (SBP)Read More →