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NADRA bans the biometric verification of bank accounts via apps

NADRA now ordered banks to stop the disabled the biometric verification of bank accounts through mobile apps. Earlier, several commercial banks in Pakistan are providing...

Complete e-branches list in Pakistan for fresh currency notes issuance

State Bank of Pakistan revealed the complete e-branches list in Pakistan for the issuance of fresh currency notes. The e-branches will offer fresh currency notes...

New Currency Notes: List of E-branches in Karachi

List of E-branches in Karachi for new currency notes can be seen here. SBP furnishes new currency notes in return with old ones to the...

Pakistan State Oil: PSO Profit declined by 50 percent

Karachi: Pakistan State Oil or PSO Profit has seen a decline of around 50% as compare to the amount recorded in the same tenure...

China agreed to offer $2.5 bn loan to increase foreign exchange...

According to sources, China is agreed to offer huge $2.5 billion loan to increase the foreign exchange reserves of Pakistan. The foreign exchange reserves can...

MCB CEO: SBP gives approval to Imran Maqbool reappointment

Reappointment of Imran Maqbool as the Muslim Commercial Bank or MCB CEO is approved by State Bank of Pakistan (SBP). Imran Maqbool reappointed as the...

Foreign Exchange: SBP reserves fall by $591 million

State Bank of Pakistan or SBP reserves fall by around $591 million and reached at $7.457 billion on December 21. SBP reserves fall by $591...

Government generated Rs19.66 bn from Pakistan Investment Bond auction

Government of Pakistan generated over 19 billion rupees from the PIB bond auction. Through PIB or Pakistan Investment Bond auction, government raised Rs 19.668 billion...

Conventional banks Lending to Private Sector Increased by 400 Percent

Conventional banks lending to the private sector has increased by 400 per cent over five months of the current fiscal. According to the latest report...

UAE Aid to Pakistan: $3 billion will be received in single...

According to sources, UAE aid to Pakistan worth $3 billion will be offered in the single go. $3 billion UAE aid to Pakistan will be...

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