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 →

Faysal Bank partners with EFU Life to launch EFU Roshan Mustaqbil Takaful for Roshan Digital Account Holders  ISLAMABAD ( Web News ) Faysal Bank and EFU Life Window Takaful Operations further strengthened their partnership by launching EFU Roshan Mustaqbil Takaful an industry first Takaful plan specially designed to cater toRead More →

Meezan Bank becomes the First Bank in the Country to Launch State Bank of Pakistan’s I-SAAF Scheme for Small and Medium Enterprises (SMEs) KARACHI ( Web News )  Meezan Bank, Pakistan’s first and largest Islamic bank, also became the first bank to launch the Islamic SME Asaan Finance Scheme (I-SAAF) for SmallRead More →

MULTAN ( Web News ) State Bank of Pakistan (SBP) Governor Dr Reza Baqir has said that Asaan Finance Scheme (I-SAAF) will be a game changer in enhancing access to finance to SMEs as it addresses the long outstanding challenge of lack of collateral faced by them. Speaking at IslamicRead More →

Supernet gets contract to secure SBP infrastructure ISLAMABAD ( Web News ) The Supernet, a subsidiary of Telecard Limited, has got Rs 100 million contract from the State Bank of Pakistan (SBP), in Information Technology (IT) and Cyber Security domain, to secure its infrastructure from Advanced Persistent Threats (APT). AccordingRead More →

Laws must ensure accountability of the State Bank of Pakistan: Dr. Hafiz Pasha Addresses SDPI conference titled ‘Beyond the Pandemic: Leaving No One Behind’ ISLAMABAD ( Web News ) Laws must ensure the accountability of the State Bank of Pakistan and the accountability should rest with the government under theRead More →

ISLAMABAD ( Web News ) Overseas Pakistanis have so far remitted over US $ 2.4 billion through more than 250,000 Roshan Digital Accounts (RDAs) from 175 countries. Out of these, more than US $1.6 billion have been invested in Naya Pakistan Certificates (NPCs). This was stated by Consul General of Pakistan, Toronto (Canada),Read More →

ISLAMABAD ( Web News ) The Huawei Pakistan IP Club Carnival 2021 took place where ICT experts gathered to share the latest network technology trends and discover how enterprises can best adapt to the intelligent era based on next-generation networks, algorithms, and AI capabilities. The event was attended by Mr.Read More →

Fitch Predicts Average Dollar-PKR Parity Around Rs180 In 2022 On August 26, 2020, the dollar hit Rs168.43. Then it started declining and reached Rs151.83 on May 14, 2021. However, the greenback started rising and has appreciated by 6.6 per cent and 9.9pc since June and May 14, 2021, respectively. ISLAMABADRead More →

ISLAMABAD (PRESS RELEASE) Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce and Industry has expressed displeasure over the decision of the State Bank of Pakistan (SBP) to increase the policy interest rate from 7% to 7.25% as it would further increase the credit cost for the private sector, affectRead More →