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…
SECP, ADB Hold Workshop on ‘Women in Finance Thought Leaders’
The Securities and Exchange of Pakistan (SECP) and the Asian Development Bank on January 24, 2024, jointly organized the ‘Women…
JS Bank Facilitates PKR 2,300 million Deal Empowering Kashf Foundation’s Growth
JS Bank Limited announced the closure of a PKR 2,300 million deal for Kashf Foundation that will empower the organization…
Faysal Bank, OPay Collaborate to Expand Digital Merchant Acceptance in Pakistan
Faysal Bank Limited (FBL), a leading Islamic financial institution known for its commitment to technological innovation with Shariah compliance, announced…
SAMA Licenses ‘Thara’to Provide Debt-Based Crowdfunding Solutions
The Saudi Central Bank (SAMA) licensed ‘Thara’ to provide debt-based crowdfunding solutions. With ‘Thara’, there are now nine authorized companies…
Bank Of Canada Maintains Policy Rate, Continues Quantitative Tightening
The Bank of Canada on January 24, 2024 held its target for the overnight rate at 5 percent, with the…
Bank Negara Malaysia Decides to Maintain the Overnight Policy Rate (OPR) at 3.00 percent
The Monetary Policy Committee (MPC) of Bank Negara Malaysia on January 24, 2024 decided to maintain the Overnight Policy Rate…