SBP’s Financial Stability Review 2024 Affirms Strong Financial Sector Resilience Amid Economic Recovery
The State Bank of Pakistan (SBP) has released its annual Financial Stability Review (FSR) for 2024, offering an in-depth assessment…
Pakistan’s Financial Sector Shows Resilience and Growth in 2024, According to SBP
In a testament to the strength of Pakistan’s financial ecosystem, the State Bank of Pakistan (SBP) has released its annual…
Pakistani Rupee Falls Below 281 Against US Dollar Amid Market Volatility
The Pakistani rupee (PKR) experienced a decline against the US dollar (USD) on April 24, 2025, closing at 281.07 in…
MCB Bank Retreats to Government Bonds as Credit Growth Reverses in Q1CY25
As Pakistan’s banking earnings season kicks off, MCB Bank Limited (MCB) has set the tone by reporting a 10% year-on-year…
KSE-100 Plummets Over 2,200 Points Amid Geopolitical Tensions and Global Market Uncertainty
The Pakistan Stock Exchange (PSX) endured a turbulent trading session on Thursday, as the KSE-100 Index plunged by more than…
Pakistani Rupee Posts Intra-Day Gain Against US Dollar Amid Global Market Adjustments
The Pakistani rupee (PKR) posted a modest gain against the US dollar during early trading hours on Thursday, reflecting a…
SBP Publishes Official Foreign Currency Exchange Rates for April 24, 2025
The State Bank of Pakistan (SBP), the country’s central banking authority, released the official customer foreign exchange rates on Thursday,…
NBP Releases Official Foreign Exchange Rates for April 24, 2025: USD at PKR 281.35
The Treasury Management Division of the National Bank of Pakistan (NBP) released its official foreign exchange rates for Thursday, April…
Faysal Bank Sees 18% Drop in Q1 2025 Profit Amid Rising Costs and Lower Interest Income
Faysal Bank Limited (PSX: FABL) reported a decline of 18.15% in its net profit after tax for the quarter ended…
Allied Bank Limited’s Q1 Profit Drops 27% Amid Decline in Interest Income and Rising Costs
Allied Bank Limited (ABL) reported a significant dip in profitability for the first quarter of 2025, with its net profit…