Banking & Finance

On Monday, the Pakis­tan Stock Exchange (PSX) informed investors that Hascol Petroleum Ltd, an oil marketing company, is in non-compliance for failing to conduct its...

On May 3, 2023, the State Bank of Pakistan (SBP) revoked M/s. Mega Currency Exchange Company (B) Private Limited authorization/license. According to a press release...

United Bank Ltd (UBL) is contemplating a potential "merger" with Silkbank Ltd, one of the smallest commercial institutions that has struggled for years with undercapitalization...

The compliance department of the Pakistan Stock Exchange (PSX) has asked five listed companies to explain a "substantial" change in their share prices between March...

International Commercial Bank (ICB) of South Sudan may invest up to 50 million euros ($54.5 million) according to a statement released by Silkbank on Thursday....

HugoBank, Pakistan's newest digital bank led by a Singapore Consortium, announced today the planned appointment of Atyab Tahir as Chief Executive Officer, pending the State...

Khushhali Microfinance Bank is glad to welcome Mr. Aameer Karachiwalla as its new President and Chief Executive Officer. Mr. Karachiwalla has over thirty years of...

Moody's Investors Service cut five Pakistani banks' long-term deposit ratings from Caa1 to Caa3 on Friday. These financial institutions include Allied Bank Limited (ABL), Habib...

Prime Minister Mian Shehbaz Sharif has launched the BoP Freelancer Segment and Credit Card at a ceremony for cheque distribution among the Prime Minister's Youth...

The Board of Directors of the Pakistan Stock Exchange (PSX) has extended Farrukh H. Khan's term as Chief Executive Officer (CEO) by three years, beginning...