Sri Lanka’s Hatton National Bank Halts Acquisition of Bank Alfalah’s Bangladesh Operations
In a significant turn of events, Bank Alfalah Limited (PSX: BAFL) announced on Friday that Hatton National Bank (HNB), one…
JS Bank and Al Ansari Exchange Launch Millionaire Campaign to Boost Remittance Services for Overseas Pakistanis
JS Bank, one of Pakistan’s fastest-growing financial institutions, has further solidified its partnership with Al Ansari Exchange, a prominent exchange…
SBP Foreign Exchange Reserves Increase by $70 Million, Reaching $10.68 Billion
The foreign exchange reserves held by the State Bank of Pakistan (SBP) have seen a notable rise of $70 million…
Federal Borrowing Drops 66% as SBP Profits and Foreign Inflows Ease Budget Deficit
The federal government has seen a significant reduction in its borrowing for budgetary support, with a sharp 66% drop in…
Pakistan Explores Innovative Plan to Turn Power Liabilities into Strategic Assets
Pakistan, once plagued by chronic power deficits, now faces an ironic predicament: the country has an excess of electricity generation…
Bank Deposits Drop Nearly 2% to Rs30 Trillion in February
In a notable shift in Pakistan’s banking sector, total deposits held by scheduled banks decreased by 1.8% to Rs30.46 trillion…
SBP Foreign Exchange Reserves Increase by $69.5 Million in a Week
In a positive development for Pakistan’s financial outlook, the State Bank of Pakistan (SBP) reported a notable increase in its…
Empowering the Future: Join the Movement for Financial Literacy in Pakistan!
In an effort to strengthen financial literacy across the country, the Director of Agriculture Credit & Financial Inclusion Department at…
Pakistani Rupee Weakens by 40 Paisa Against US Dollar on April 3, 2025
The Pakistani rupee (PKR) faced a slight decline against the US dollar (USD) during the interbank market on April 3,…
PSX Hits Record High Following Government’s Announcement of Electricity Price Reduction
The Pakistan Stock Exchange (PSX) experienced a significant surge in investor activity today, as market participants responded enthusiastically to the…