Banks
SBP Announces December 25 as a Bank Holiday
The State Bank of Pakistan (SBP) has officially declared Wednesday, December 25, 2024, as a bank holiday in observance of Quaid-e-Azam Day and Christmas. This…
FBR Partners with Banks to Tackle Tax Evasion with Account Insights
KARACHI: Pakistani authorities are intensifying efforts to combat tax evasion by introducing stricter measures to ensure compliance. As part of this initiative, banks will now…
Pakistani Banks Earn a Record Profit of Rs 85 Billion in 3 Months
All commercial banks in the country performed exceptionally well in the last quarter, comparing this to the same time last year, the profit grew by…
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 (ADCs). The SBP stated that it…
How to open an account in Bank of Khyber
The Bank of Khyber is a provincial government bank owned by the government of Khyber Pakhtunkhwa, it was set up in 1991 as a state-owned…
Thousands of bank accounts at stake as NADRA disables biometric verification via mobile app
National Database and Registration Authority (NADRA) has asked the commercial banks to disable biometric verification facility for customers using mobile apps, as reported by ProPakistani.…
Over 69,000 bank account details have been leaked to the internet
In one of the biggest leaks in Pakistan’s banking history, around 69,189 bank card details have been leaked to the internet. An estimate according to Group-IB,…
Apple to launch its own credit card to help you pay for the upcoming iPhones of 2018
The US-based company Apple is planning to launch an Apple Pay-branded credit card with Wall Street titan Goldman Sachs. According to a report from the…
India’s central bank bans cryptocurrency dealings for all financial companies
While the Bitcoin and almost every other cryptocurrency are already seeing a huge dip, another major blow comes as the Reserve Bank of India, the…
Bitcoin drops as Indian banks suspend cryptocurrency trading accounts
Cryptocurrency exchange accounts are having a hard time in India. Bitcoin’s skyrocketing price has been seeing a decline gradually ever since 2018 has started. Last…
