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KARACHI: State Bank of Pakistan (SBP), in its reverse repo open market operation (OMO) in treasury bills and Pakistan Investment Bond, has injected Rs 222.800 billion on April 6, 2012. According to SBP here Friday, the offered amount was Rs 227.800 billion for 7-day reverse repo. The rate of return was 11.55 percent. Copyright APP (Associated Press of Pakistan), 2012 ...

MBL holds its 16th Annual General Meeting of the Shareholders  KARACHI: The 16th Annual General Meeting (AGM) of Meezan Bank Limited (MBL) was held at its Head Office. A statement here on Thursday said that the meeting was chaired by Irfan Siddiqui, President and CEO of the MBL. It said that Irfan Siddiqui informed the shareholders that Meezan Bank's performance remained outstanding in all areas of its business activities. The Bank recorded 106% growth in its Profit-after-tax for 2011 which increased to Rs. 3.4 billion (2011: Rs. 1.65 ...
KARACHI: State Bank of Pakistan (SBP) has allowed multiple credit transfers (using MT 102) for 3rd party transfers with immediate effect, to further enhance the payment transfer facilities through PRISM System. According to PSD Circular Letter No 1/2012 of April 4, 2012, the lower value limit for each credit transfer in MT 102 shall be Rs 100,000, while the maximum 10 payment instructions are allowed to be sent through one MT 102 message. The Circular said that ...
RECORDER REPORT LAHORE: Zarai Taraqiati Bank Limited (ZTBL) has started disbursement of agricultural credit for Kharif crops through One Window Operation. A spokesman of Punjab Agriculture Department has advised farmers to benefit by the facility of loan disbursement through One Window Operation and purchase agricultural inputs for Kharif crops in time to get more income. He said that the farmers holding up to 25 acres irrigated and 50 acres Barani land are eligible to get loan through Pass ...
KARACHI: State Bank of Pakistan (SBP), in its reverse repo open market operation (OMO) in treasury bills and Pakistan Investment Bond, has injected Rs242.500 billion on April 2, 2012. According to SBP here Monday, the offered amount was Rs284.100 billion for 4-day reverse repo. The rate of return was 11.55 percent. Copyright APP (Associated Press of Pakistan), 2012 ...
RECORDER REPORT KARACHI: The Bank of Punjab (BoP) has posted Rs 347.973 million as profit after tax in the year ended December 31, 2011 as compared to after tax loss of Rs 4.029 billion in the year 2010 and Rs 10.1 billion in 2009. The board of directors of the bank in its meeting, held at Lahore on March 29, announced the bank's annual results for the year 2009, 2010 and 2011. The bank's board of directors declared ...
RECORDER REPORT LAHORE: The Soneri Bank Ltd declared Rs. 784 million after tax profit up from Rs. 125 million for the financial year ending 31st December 2011. This was mainly driven by growth in Net Interest and Non -Interest Income, which recorded an annual growth of 27.9 percent and 59.2 percent respectively, a bank's press release said here on Friday. The statement said that the Bank during the year successfully concluded its fourth right issue amounting to ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 02, 2014
Reserves $13.581 bln