Allied Bank’s Q1 2025 Earnings Dip Amid Shrinking Advances and Rising Costs
Allied Bank Limited (ABL) has reported a notable decline in earnings for the first quarter of 2025, driven by a…
KSE-100 Index Rebounds Over 200 Points Amid Geopolitical Concerns and Policy Rate Speculation
After a turbulent start to the trading session, the Pakistan Stock Exchange (PSX) staged a significant comeback on Monday, with…
Pakistani Rupee Posts Minor Gain Against US Dollar Amid Global Currency and Oil Market Volatility
The Pakistani rupee registered a slight appreciation against the US dollar during intra-day trading on Monday, reflecting the ongoing currency…
State Bank of Pakistan Cuts Interest Rate by 100bps to 11% Amid Falling Inflation and Improved Economic Sentiment
The State Bank of Pakistan (SBP) has reduced its benchmark policy rate by 100 basis points, bringing it down to…
Pakistan Updates Currency Exchange Rates for May 5, 2025
Pakistan’s foreign exchange market opened trading on Monday, May 5, 2025, with updated currency exchange rates, reflecting the most recent…
VIS Reaffirms ‘A+/A1’ Credit Ratings for HBL Microfinance Bank Amid Strategic Realignment and Capital Support
VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of HBL Microfinance Bank Limited (HBL MfB) at ‘A+/A1’…
SECP Launches Compliance Checklists and Boosts Grievance Redressal Mechanisms to Facilitate Stakeholders
The Securities and Exchange Commission of Pakistan (SECP) has rolled out new compliance checklists aimed at simplifying and clarifying the…
Pakistan’s Foreign Exchange Reserves Edge Up to $10.21 Billion Ahead of IMF Review
Karachi, May 3, 2025 — The foreign exchange reserves held by the State Bank of Pakistan (SBP) saw a slight…
Pakistan Currency Exchange Rates May 3, 2025
Karachi, May 3, 2025 — Pakistan’s open currency market commenced trading on Saturday with the latest foreign exchange rates setting…
AAOIFI Announces 23rd Annual Shari’ah Boards Conference with Global Participation and Central Bank of Bahrain Support
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially announced the 23rd edition of its Annual Shari’ah…