Pakistan’s Foreign Exchange Reserves See Slight Increase with SBP Holdings Up $19 Million
Pakistan’s foreign exchange reserves witnessed a minor increase this week, with the State Bank of Pakistan (SBP) holdings edging up…
Mashreq Pakistan Poised for Launch, Set to Revolutionize Digital Banking
Mashreq Bank is on the verge of disrupting Pakistan’s digital banking landscape. The Dubai-based financial giant awaits final approval from…
Pakistan’s GDP Growth Rate Below 3% In Next 3 Years: World Bank Predicts
In its recent Pakistan Development Update, the World Bank has forecasted a modest growth rate of 1.8 percent for Pakistan’s…
Pakistani Rupee Extends Gains for 9th Day, Up Marginally Against US Dollar
The Pakistani rupee extended its winning streak against the US dollar for a ninth consecutive day. Opening trade in the…
Agritech Converts Preference Shares to Ordinary at Bank Alfalah’s Request, Stock Dips After Surge
Agritech Limited (PSX: AGL) converted its preference shares into ordinary shares at the request of Bank Alfalah Limited (PSX: BAFL),…
Bank of Punjab, Karandaaz Pakistan Join Hands to Digitize Farm Loans
The Bank of Punjab (BOP) and Karandaaz Pakistan have joined forces to revolutionize Pakistan’s agricultural sector through digital lending. This…
MCB Islamic Bank Earns PCI DSS Certification, Strengthens Digital Security
MCB Islamic Bank, a leading Islamic bank in Pakistan, has achieved a major security milestone – Payment Card Industry Data…
ADB, BANPU Sign 2.4 billion Thai Baht Deal to Support Electric Tuktuks in Thailand and Battery Production in PRC
The Asian Development Bank (ADB) and BANPU Public Company Limited signed a 2.4-billion-baht loan to support the financing of 1,500…
SAP to Restructure 8,000 Roles in Push towards AI
German software firm SAP SE opens new tab unveiled a 2 billion euro ($2.2 billion) restructuring plan covering 8,000 roles…
TDAP Sensitize Exporters on Banking Channels for Eurasia, CAR
Trade Development Authority of Pakistan (TDAP) organized an awareness session to sensitize exporters about available banking channels for financial transactions…