Meezan Bank Boosts Meezan Exchange Capital to Rs 2 Billion Amid FY25 Profit Announcement
Meezan Bank raises Meezan Exchange Company’s authorized capital to Rs2 billion, investing an additional Rs500 million to strengthen foreign exchange operations, following FY25 profit after tax of Rs92.18 billion.
SBP Eases Pressure on Exporters by Releasing Withheld Proceeds
The State Bank of Pakistan has withdrawn its directive on delayed export proceeds, allowing immediate release of withheld funds and instructing banks to report overdue bills in their regular submissions.
NIBAF and SBP-BSC Conclude 12-Day FX Certification Program in Lahore to Strengthen Foreign Exchange Expertise
NIBAF, in collaboration with SBP-BSC’s Foreign Exchange Operations Department, conducted a 12-day FX Professional Certification training in Lahore, enhancing participants’ expertise in foreign exchange operations and regulatory frameworks.