Islamic Finance Key to Sustainable Growth and Climate Action: Ahsan Iqbal at IBA Forum
Planning Minister Ahsan Iqbal has emphasized the vital role of Islamic finance in fostering sustainable economic growth and addressing global…
UBL Approves Amalgamation with Silk Bank via Share Swap
United Bank Limited (UBL) has announced the approval of a landmark merger with Silk Bank Limited (SBL) through a share…
Pakistan Banks’ Advance-to-Deposit Ratio Hits 47% Amid Aggressive Lending
The Advance-to-Deposit Ratio (ADR) of Pakistan’s banking sector reached a significant 47% as of November 15, 2024, reflecting a robust…
Pakistan’s External Debt Reaches $130.8 Billion by End of 2023, World Bank Reports
The World Bank’s latest International Debt Report 2024 has revealed that Pakistan’s total external debt stocks climbed to $130.847 billion…
SECP Plans IFSB Compliance Assessment to Bolster Islamic Capital Market
The Securities and Exchange Commission of Pakistan (SECP) has announced its intention to assess compliance with the Islamic Financial Services…
PSX Chairperson Lauds Chinese Partnership as KSE-100 Surpasses 100,000 Points
On December 4, 2024, Dr. Shamshad Akhtar, Chairperson of the Pakistan Stock Exchange (PSX), commended the strategic partnership with the…
Symmetry Group Secures 5-Year SBP Website Development Contract
Symmetry Group Limited (PSX: SYM) has announced securing a significant five-year contract for the development and maintenance of the State…
TouchPoint’s CADEPO Revolutionizes Branch Operations and Customer Experience in Pakistan’s Banking Sector
TouchPoint, a leading provider of self-service solutions in Pakistan, is making waves in the banking industry with its cutting-edge Cash…
Bitcoin Hits $100,000, Solidifying Its Mainstream Financial Position
Bitcoin has made a historic leap, crossing the $100,000 threshold for the first time on December 5, 2024, marking a…
BOP TAQWA Islamic Banking Wins Best Islamic Retail Banking Award in Pakistan 2024
BOP TAQWA Islamic Banking has been awarded the title of Best Public Sector Bank for Islamic Retail Banking in Pakistan…