Rate Cut or Hold? Analysts Divided on Next SBP Move
Market watchers are split on the State Bank of Pakistan’s (SBP) next move, with a survey by Topline Securities revealing…
Car Loan Drought in Pakistan: 21 Months of Declines and Counting
Pakistan’s car loan market shows no signs of recovery, with a troubling trend extending into its 21st consecutive month of…
World Bank Sees Pakistan’s Economy Reaching $3 Trillion by 2047, Finance Minister Courts Investors
Pakistan’s Finance Minister, Muhammad Aurangzeb, participated in the World Bank Group-IMF Spring Meetings in Washington D.C., seeking to attract investment…
Telenor Microfinance Bank Scores Big: PKR 1.2 Billion Profit, Easypaisa Boom
Telenor Microfinance Bank (TMB), the force behind Pakistan’s leading digital wallet easypaisa, announced a remarkable turnaround for the fiscal year…
PTCL Q1 Profit Up 13%, Ufone Soars 27% as Group Pushes Digital Pakistan
Pakistan Telecommunication Company Limited (PTCL) reported solid growth in the first quarter of 2024, with a 13% year-on-year (YoY) increase…
Pakistan, World Bank Agree on 10-Year Economic Roadmap, Minister Seeks Global Support
Pakistan’s Finance Minister, Muhammad Aurangzeb, recently concluded a productive visit to Washington, securing key agreements and exploring avenues for international…
UBL Q1 Profit Up 12%, Beats Estimates on Securities Gains, Dividend Surprise
United Bank Limited (UBL) reported a strong first quarter (Q1) of 2024, exceeding industry expectations with a 12% year-over-year (YoY)…
Bank Alfalah in Talks to Sell Bangladesh Operations to Bank Asia
Bank Alfalah Limited (PSX: BAFL) is exploring the sale of its Bangladesh operations to Bank Asia Limited, according to a…
Bank Alfalah Makes Play for Samba Bank: Eyes Acquisition of 84.5% Stake
Bank Alfalah Limited (PSX: BAFL) has set its sights on a significant acquisition, formally announcing its intention to acquire a…
SBP Cracks Whip: Fines Eight Banks, Exchange Company Rs 750 Million for Compliance Failures
The State Bank of Pakistan (SBP) sent a strong message to financial institutions with hefty fines totaling Rs. 747.57 million…