Auto Financing in Pakistan Sees Notable Uptick, Reaches Rs257bn in March

By Huma Ishfaq ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Auto financing in Pakistan experienced a steady rebound, climbing to Rs257.36 billion in March 2025, according to the latest data from the State Bank of…

Pakistan’s Call Center Sector Sees 20% Export Growth, Crosses $200 Million in FY 2024-25

By Huma Ishfaq ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s call center industry has hit a significant milestone, recording over $200 million in export revenue during the first eight months of the fiscal year…

Pakistan’s Digital Payments Surge: 88% Retail Transactions, 1,450M Deals & PKR 24 Trillion in Value

By Huma Ishfaq ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s digital payment ecosystem continues to expand, with a significant portion of retail transactions now occurring through digital channels. According to the State Bank of…

NADRA Launches Pakistan’s First-Ever Digital Identity Card

By Huma Ishfaq ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

ISLAMABAD: The National Database and Registration Authority (NADRA) marked a significant milestone on Monday by unveiling Pakistan’s first dematerialized identity card. This initiative aligns with…

Winners of Rs40,000 Prize Bond Draw for March 2025 Declared

By Huma Ishfaq ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

For millions of Pakistanis, prize bonds remain an attractive investment option because of the safety of their funds and the possibility of winning large cash…

Khushhali Bank Announces Plans for Islamic Banking Expansion

By Huma Ishfaq ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The State Bank of Pakistan’s Vision 2028 seeks to assist conventional banks in becoming Shariah-compliant financial institutions in accordance with the decision of the…

Bank of Khyber Takes Steps to Operate as a Fully Islamic Bank

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Bank of Khyber (BoK) has officially embarked on its journey to transform from a conventional banking institution into a fully-fledged Islamic bank. This strategic…

SECP & SBP Collaborate for Same-Day Corporate Bank Account Opening

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and the State Bank of Pakistan (SBP) are working together on a new initiative aimed at…

Punjab to Launch Electric Buses in Two Major Cities

By Huma Ishfaq ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

LAHORE: To address traffic congestion, environmental challenges, smog, and related issues, the Punjab government has initiated the purchase of electric buses for Faisalabad and Bahawalpur,…

Is the 5,000 Rupee Note Being Discontinued Soon?

By Huma Ishfaq ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: Several Members of Parliament (MPs) and government officials have recently expressed their opinions that the 5,000 rupee note should be abolished, citing concerns over…

UBL and Silk Bank to Finalize Merger Through Share Swap

By Huma Ishfaq ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The merger between Silk Bank Limited (SILK) and United Bank Limited (UBL) has been approved by both parties. UBL, one of Pakistan’s largest commercial banks,…

Nbp Branch Sealed By Sbp Over Alleged Rs 2 Million Fake Currency Scandal

NBP Branch Sealed by SBP Over Alleged Rs. 2 Million Fake Currency Scandal

By Huma Ishfaq ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

HAFIZABAD: The State Bank of Pakistan (SBP) has closed the Hafizabad branch of the National Bank of Pakistan (NBP) after detecting Rs. 2 million in…

Bank Alfalah Gains Approval To End Operations In Bangladesh

Bank Alfalah Gains Approval to End Operations in Bangladesh

By Huma Ishfaq ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Bangladesh Bank and State Bank of Pakistan have both given Bank Alfalah Limited (PSX: BAFL) in-principle authority to exit Bangladesh. Since BAFL is going to…

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