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

Massive 15% off at Hardee’s with HBL Cards!

HBL Bank, the pioneer bank of Pakistan is sure about bringing new offers for its customers. This time, the bank is offering a grand discount of 15% at Hardees with HBL Cards. So, get your time to visit the Hardees

Supreme Court Meddles in Between Sindh Bank’s Merger With Summit Bank!

Supreme Court’s Chief Justice has ceased the amalgamation of Summit Bank and Sindh Bank after taking a suo moto notice on the issue. The hold was done by a large bench of Supreme Court. Justice Saqib Nisar, Chief Justice of

Bank Islami, KASB Bank Amalgamation Costs Rs. 3.5 Billion Loss to Treasury: AGP Report

The merger of Bank Islami and KASB Bank has once again let AGP – Auditor General of Pakistan in an awe, raising issues in an audit report for the financial year 2017 – 18. The issue was highlighted about sometime

Saleem Anwar Is Now the Acting President & CEO of Askari Bank!

Askari Bank Limited has employed Saleem Anwar as current CEO and President of the bank, in place of Syed. M Hussaini. Askari Bank exposed that Syed. M Hussaini was expected to initiate his position of CEO and President from yesterday,

Honda Does Strategic Alliance with Faysal Bank For its Exclusive Services!

Faysal Bank Limited has partnered with Honda Atlas Cars Pakistan Ltd. to give exclusive rewards and provide VAS – valued added services to the customer base. In an effort for a strategic alliance between Honda Atlas Cars and Faysal Bank,