Search results for "bank"

Banks begin deploying Artificial Intelligence to keep watch on customers & employees

Major global banks have started using surveillance software and computer vision to monitor their customers. Computer vision is a field...

May 4 · >

Asian Development Bank stresses Pakistan to address challenges faced by small businesses

The Asian Development Bank (ADB) has advised Pakistan to mitigate the challenges faced by its private sector, particularly small...

in News
Apr 29 · >

Pakistan’s economy to rebound this year: Asian Development Bank

Pakistan’s economic growth is expected to rebound this year before gaining pace in 2022 said the Asian Development Bank,...

in News
Apr 28 · >

World Bank hails Punjab’s Citizen Feedback Monitoring Program as a “Force for the public good”

Punjab Government’s Citizen Feedback Monitoring Program (CFMP), which allows citizens to voice their concerns over government services, has been...

Apr 7 · >

Damning World Bank report says 30% Pakistanis will slip into poverty & food insecurity will triple

A damning World Bank report has revealed that over 30% of Pakistan’s rural population is slipping into poverty, while...

in News
Apr 7 · >

Japan’s central bank starts experimenting with digital currency

The Bank of Japan (BOJ) began experiments on Monday to study the feasibility of issuing its own digital currency,...

Apr 5 · >

Pakistan’s GDP to grow 1.3% in FY2021: World Bank

Pakistan’s GDP growth is expected to reach 1.3 percent in the fiscal year ending June 2021, according to a...

in News
Mar 31 · >

Ex-IMF official & State Bank’s current governor, Raza Baqir calls for an end to SBP’s accountability

The current governor of the State Bank of Pakistan (SBP), who used to oversee the IMF’s operations in Egypt,...

in News
Mar 27 · >

Internet & Mobile banking transactions more than double – up by 113%, with 44.2 million cards issued

The State Bank of Pakistan (SBP) has announced that Internet & mobile banking transactions more than doubled in Q2FY21...

in News
Mar 19 · >

SBP permanently removes charges for Internet and mobile banking services

The State Bank of Pakistan (SBP) has waived off the fees on various internet and mobile banking services for...

in News
Mar 11 · >

NIC partners with Allied Bank to conduct a Fintech Hackathon

The NIC (National Incubation Centre) has announced to hold a hackathon on Fintech titled “Hacktivate 4.0”, which will be...

Mar 11 · >

National Incubation Centre collaborates with Allied Bank to work in the fintech space

In a tweet sent on Tuesday, the National Incubation Centre announced that it had signed an MoU with Allied...

in News
Feb 23 · >

SBP orders banks to enable fully interoperable digital payment options

The State Bank of Pakistan (SBP) has issued directives to further facilitate customer repayment options on Alternate Delivery Channels...

in News
Feb 22 · >

Bank deposits increase by 16.5% in one year: SBP

Total deposits in the nation’s banks grew by 16.5% over the past year to Rs17.08 trillion in January 2021,...

in News
Feb 12 · >

Banks in Pakistan introduce ATM receipt fee

A few banks in the country have started charging an unannounced fee on the receipt following cash withdrawal from...

in News
Feb 10 · >

Govt seeks loans worth $12bn from World Bank

The Government of Pakistan is looking forward to secure loans amounting to $12 billion from the World Bank over...

in News
Jan 26 · >

Pakistan ranks 2nd in South Asia in terms of ease of starting a business: World Bank

Pakistan has improved its position in the World Bank’s Ease of Doing Business Index for the second year in...

in News
Jan 15 · >

A complete guide to opening a Roshan Digital Bank Account

The State Bank of Pakistan recently announced a new banking solution for Non-Resident Pakistanis called the Roshan Digital Account....

Jan 10 · >

World Bank predicts 0.5% growth for Pakistan’s economy in 2021 fiscal year

The World Bank’s latest report on the impact of the coronavirus on South Asian economies has predicted that Pakistan’s...

in News
Jan 6 · >

HEC’s World Bank funding to be cancelled if Rs. 2.27b grant not approved

A supplementary grant worth Rs. 2.27 billion has been sought out by the Higher Education Commission (HEC) of Pakistan...

Dec 30 · >

SBP launches consultation on Banking on Equality Policy – an initiative to increase financial inclusion of women in the country

In order to address one of the key challenges hindering economic growth of Pakistan to its full potential, State...

in News
Dec 22 · >

SBP is all set to launch consultation on Banking on Equality policy for reducing the gender gap in financial inclusion

Women’s access to financial and economic opportunities is essential for sustainable and inclusive economic growth. However, women in Pakistan...

in News
Dec 19 · >

World Bank provides an additional $304 million loan for development of Punjab

The World Bank (WB) has just approved a loan of $304 million for the Punjab Resource Improvement and Digital...

in News
Dec 17 · >

State Bank of Pakistan finally grants SadaPay approval to begin pilot operations in 2021

The State Bank of Pakistan has granted permission to fintech startup SadaPay to begin pilot operations next year. The...

Dec 16 · >