First Ijarah Sukuk Auction At PSX results In Resounding Success
The first primary market auction of the government of Pakistan one-year Ijarah Sukuk at Pakistan Stock Exchange (PSX) has resulted…
SECP’s ‘International Insure Impact Conference 2023’ Concludes
The Securities and Exchange Commission of Pakistan (SECP) hosted the International InsureImpact Conference 2023 on December 13-14, 2023. On the…
HBL Recognized As Leading Remittance Mobilizing Bank Of Pakistan
HBL has been recognized by the Pakistan Remittance Initiative (PRI) as the ‘Leading Remittance Mobilizing Bank of Pakistan’. The Bank…
ECB Publishes Study On Environmental Impact Of Euro Banknotes
The European Central Bank (ECB) on December 11, 2023, published an environmental footprint study of euro banknotes as a payment…
CBUAE Joins the Gulf Payments System ‘AFAQ’
The Central Bank of the UAE (CBUAE) on December 12, 2023, in Abu Dhabi joined “AFAQ” Payments System, which is…
Federal Reserve Issues FOMC Statement
Recent indicators suggest that growth of economic activity has slowed from its strong pace in the third quarter. Job gains…
BOE Maintains Bank Rate At 5.25 Percent
The Bank of England’s Monetary Policy Committee (MPC) set monetary policy to meet the 2 percent inflation target, and in…
MPC Decides To Keep The Policy Rate Unchanged At 22.00 percent
The Monetary Policy Committee (MPC) in its meeting on December 12, 2023, decided to maintain the policy rate at 22.00…
Banks Must Increase Their Outreach And Penetration To Agriculture Sector- Governor SBP
The annual meeting of Agricultural Credit Advisory Committee (ACAC) was held on December 14, 2023 in Lahore, under the chairmanship…
China To Issue 10-billion-Yuan Sovereign Bonds In HKSAR
The Hong Kong Monetary Authority (HKMA) announced on December 07, 2023 that China’s Ministry of Finance (MOF) will issue sovereign…