Faysal Bank and IFC Partner to Enhance Trade Finance with Guarantee Facility
Faysal Bank Limited (FBL) has entered a new strategic partnership with the International Finance Corporation (IFC), a member of the…
PSX Surges Over 760 Points Ahead of IMF Board Meeting
The Pakistan Stock Exchange (PSX) witnessed significant gains on Wednesday as the benchmark KSE-100 Index surged by 764.28 points, closing…
CCP Discourages the Use of ‘Big Four’ in Financial Services Agreements to Promote Fair Competition
The Competition Commission of Pakistan (CCP) has recently issued a strong directive discouraging the use of the term “Big Four”…
IPL Wins P@SHA ICT Award 2024 in FinTech for Second Consecutive Year
Innovative Pvt Ltd (IPL), a leading provider of self-service banking and currency technology solutions in Pakistan, has once again solidified…
FBR Tax Offices to Remain Open for Extended Hours on September 28 and 29
The Federal Board of Revenue (FBR) has announced that all its field offices will remain operational over the weekend, specifically…
FBR Invites Public Feedback on Tax Reforms Under World Bank-Funded Project
The Federal Board of Revenue (FBR) has called on the general public to provide feedback, suggestions, and concerns regarding its…
Qist Bazaar Secures $3.2 Million in Series A Funding to Transform Pakistan’s Consumer Financing
Qist Bazaar, Pakistan’s leading Buy Now Pay Later (BNPL) fintech startup, has successfully raised $3.2 million in its Series A…
Senate Committee Urges Stricter Penalties for Banks Involved in Currency Manipulation
The Senate Standing Committee on Economic Affairs has called for stricter actions against banks found guilty of currency manipulation during…
Rupee Ends 8-Day Winning Streak, Closes at 277 Against US Dollar
The Pakistani rupee (PKR) ended its 8-day winning streak against the US dollar, closing slightly lower at 277.86 after depreciating…
SBP Extends Deadline for Exchange Companies to Import US Dollars Until June 2025
The State Bank of Pakistan (SBP) has extended permission for exchange companies to import US dollars until June 2025, in…