Meezan Bank Opens a 26% Rise in Profit in First Quarter 2018

Meezan bank kept showing strength in its financial development which grew by 26 percent in the primary quarter of 2018. As per the budgetary statements Pakistan’s leading undeniable Islamic Bank made a profit of Rs. 1.914 billion in the time

Habib Metro Bank States 22% Rise in Profits for Q1 2018!

Habib Metro Bank has begun off its year with a decent 22 percent development in benefits in the first quarter of 2018, surging to Rs. 1.573 billion from Rs. 1.288 billion contrasted to last year. As per the monetary statement,

Stock Exchange Discovers Excessive Tax on Corporates!

The Pakistan Stock Exchange (PSX) is weeping itself over what it thinks the cruel total tax assessment on the nation’s corporate part, evolving because of the variety of the duties. The normal rate of duty in Asian district is 20.05

Bank of Punjab (BOC) Announces Annual General Meeting with Shareholders!

The announcement of financial results are being postponed by Bank of Punjab and holding of the Annual general meeting has been the highlight among industry stakeholders. 28th March marked the day when the application was filed by Punjab Bank for

MCB Bank, TCS Partners Join Hands for Jointly Beneficial Services!

MCB Bank Ltd, one of Pakistan’s Largest Private Sector Banks, has gone into a concurrence with one of the nation’s biggest co-ordinations administrations suppliers TCS Pvt. Ltd for commonly useful administrations. With the coordinated effort, MCB clients will access moderate

Islamic Banking Sector Documented a 35% growth in profits for year 2017!

Islamic Bank Industry (IBI) kept on extending in the nation with a great looking twofold digit development of 35 percent in the business in the current year of 2017. According to the State Bank of Pakistan (SBP) benefits before charge

SBP Now Allow BOC to Open Yuan Accounts of Home Banks!

State Bank of Pakistan (SBP) has collaborated with Bank of China by doing a CSA (Currency Swap Agreement). The reason of the agreement is to endorse joint trade and financing direct investment amid Pakistan and China in the particular local

JS Group to Establish New Oil Marketing Company in the Country!

JS Company has opened that they have been given a license for JS Fuel (Private) Limited company by the Oil and Gas Regulatory Authority (OGRA). JS Fuel will structure a complete Oil Marketing Company. Owing to this information, the JSCL’s

Dubai Islamic Bank Pakistan, Zing Digital Commerce Partners for Branchless Banking Platform!

Dubai Islamic Bank and Zing Digital Commerce have collaborated for the purpose of introducing a Branchless Banking Setup. The decision will serve as a means of digitization of banking products of DIB. These will be beneficial to provide value to

HBL Debit Cards to Require Unlock for International Usage!

HBL – Habib Bank Limited is now giving debit cards to customers which will only be used in Pakistan. This policy is not only for new but every card previously issued. The move has been taken by the bank, as