OPay Acquires Finja Private Limited to Transform Pakistan’s Fintech Landscape
OPay International, a global leader in financial technology, has officially acquired Finja Private Limited, a licensed Electronic Money Institution (EMI)…
Pakistan Unveils Key Climate Resilience Policies at COP29 Summit
At COP29, held in Baku, Azerbaijan, world leaders gathered under the United Nations Framework Convention on Climate Change (UNFCCC) to…
Deutsche Bundesbank’s 2024 Financial Stability Review Highlights Robust Financial System Amid Geopolitical and Economic Challenges
The Deutsche Bundesbank’s Financial Stability Review 2024 has revealed that, despite facing a year of exceptionally rising interest rates and…
Pakistani Rupee Faces Modest Dip Amid Rising Oil Prices and Economic Pressures
The Pakistani rupee saw a slight depreciation on Thursday, closing at PKR 278.04 against the US dollar in the interbank…
SBP Foreign Reserves Reach $11.5 Billion, Highest in Over 31 Months
Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) witnessed a notable increase of $131 million in…
Developing Nations Criticize $300 Billion COP29 Climate Deal as ‘An Insult’
At the 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC) in Baku,…
Transforming Pakistan’s Financial Ecosystem: PBA, Finance Ministry, and SBP Discuss Actionable Steps
The Pakistan Banks’ Association (PBA), under the leadership of Chairman Zafar Masud, has unveiled a series of strategic projects aimed…
Global Economic Growth Shows Signs of Recovery Amid Inflation Easing and Optimism
Global economic growth accelerated in October, driven by significant expansions in the service sector, while manufacturing output showed signs of…
Meezan Bank Promotes Islamic Finance Careers at ICAP Trainees’ Induction Fair
Meezan Bank took part in the “ICAP Trainees’ Induction Fair” at the Institute of Chartered Accountants of Pakistan (ICAP) in…
Private Sector Credit Offtake Surges to Rs 880 Billion Amid Economic Revival
Private sector borrowing from Pakistan’s banking system has seen a remarkable increase, reaching Rs 880 billion during the first four…