SBP Confirms IMF Loans Exclusively for Balance of Payments
On Monday, officials from the State Bank of Pakistan (SBP) informed the Senate Standing Committee on Economic Affairs that foreign…
Investment-to-Deposit Ratio Surpasses 100% While Advance-to-Deposit Ratio Hits Record Low
In a significant shift within Pakistan’s banking sector, the Investment-to-Deposit Ratio (IDR) has exceeded 100% for the first time, while…
Pakistani Bond Yields Fall to 2-Year Low Amid Expectations of SBP Rate Cut
Pakistani bond yields have dropped to a 2-year low, signaling improved market sentiment as expectations grow for another rate cut…
Huawei Technologies and NIBAF Sign MoU to Digitally Empower Pakistan’s Banking Sector
Huawei Technologies Pakistan and the National Institute of Banking and Finance (NIBAF) have entered into a strategic partnership through a…
PM Shehbaz Sharif Emphasizes FBR Digitization and Enhanced Enforcement for Economic Reforms
Prime Minister Shehbaz Sharif emphasized the urgent need for digitizing the Federal Board of Revenue (FBR) and improving its enforcement…
BISP and SBP Collaborate to Streamline Stipend Payment System for Beneficiaries
In a progressive move towards improving the disbursement of financial aid to deserving women, the Benazir Income Support Programme (BISP)…
Pakistan Stock Exchange Soars Beyond 82,000 Points, Setting New Record
The Pakistan Stock Exchange (PSX) made history today as it surged past the 82,000-point mark, marking a new all-time high.…
Faysal Asset Management Earns Prestigious ‘AM1’ Rating from VIS Credit Rating Company
Faysal Asset Management Limited (FAML), a subsidiary of Faysal Bank Limited, has achieved a major milestone by securing an ‘AM1’…
PSX Hits 80,000 Mark with 970-Point Surge Amid Broad-Based Gains
The Pakistan Stock Exchange (PSX) achieved a significant milestone on Wednesday as its 100-Index surged past the 80,000 mark, closing…
Roshan Digital Account Inflows Reach $165 Million in August 2024, Continuing Growth Trend
In a positive development for Pakistan’s foreign exchange reserves, inflows through Roshan Digital Accounts (RDAs) surged to $165 million in…