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Rizwan Bhatti

Print

NPLs of banking sector soar to record Rs 783 billion

Non-Performing Loans (NPLs) of banking sector rose to historic level of Rs 783 billion at the end of June 2019, mainly due to lower recoveries on the back of higher interest rate. According to State Bank of Pakistan's statistics, NPLs of the banking secto
Published 13 Sep, 2019 12:00am
Print

NPLs of banking sector soar to record Rs 783 billion

Non-Performing Loans (NPLs) of banking sector rose to historic level of Rs 783 billion at the end of June 2019, mainly due to lower recoveries on the back of higher interest rate. According to State Bank of Pakistan's statistics, NPLs of the banking secto
Published 13 Sep, 2019 12:00am
Print

MTB yields decline up to 31bps in auction

The yields of short-term government papers declined up to 31 basis points (bps) in the auction held Wednesday. Analysts said that the downward trend in margin of Market Treasury Bills is mainly due to expected cut in interest rate in coming monetary polic
Published 12 Sep, 2019 12:00am
Print

MTB yields decline up to 31bps in auction

The yields of short-term government papers declined up to 31 basis points (bps) in the auction held Wednesday. Analysts said that the downward trend in margin of Market Treasury Bills is mainly due to expected cut in interest rate in coming monetary polic
Published 12 Sep, 2019 12:00am
Markets

Insurance industry's asset base may expand further in CY19

The insurance industry's asset base is expected to expand further in CY19; however insurance sector regulator's capital requirements may lead to consolidation in the insurance industry with some insurers expected to merge or acquire smaller insurers. Acco
Published 10 Sep, 2019 12:00am
Markets

Insurance industry's asset base may expand further in CY19

The insurance industry's asset base is expected to expand further in CY19; however insurance sector regulator's capital requirements may lead to consolidation in the insurance industry with some insurers expected to merge or acquire smaller insurers. Acco
Published 10 Sep, 2019 12:00am
Markets

SBP imposes Rs805m monetary fines on banks

The State Bank of Pakistan (SBP) has imposed monetary penalties amounting to Rs 805 million on 10 banks in August 2019 for noncompliance of regulatory requirements. SBP has disclosed significant enforcement actions taken against banks in the last month ai
Published 07 Sep, 2019 12:00am
Markets

SBP imposes Rs805m monetary fines on banks

The State Bank of Pakistan (SBP) has imposed monetary penalties amounting to Rs 805 million on 10 banks in August 2019 for noncompliance of regulatory requirements. SBP has disclosed significant enforcement actions taken against banks in the last month ai
Published 07 Sep, 2019 12:00am
Markets

SBP fears further economic slowdown

The State Bank of Pakistan (SBP) on Thursday said that the necessary stabilization measures may further slow down the pace of economic activity and the external account imbalances and related uncertainties are likely to have repercussions for the financia
Published 06 Sep, 2019 12:00am
Markets

SBP fears further economic slowdown

The State Bank of Pakistan (SBP) on Thursday said that the necessary stabilization measures may further slow down the pace of economic activity and the external account imbalances and related uncertainties are likely to have repercussions for the financia
Published 06 Sep, 2019 12:00am
Markets

CA deficit declines sharply 73 percent in July

The improvement in Pakistan's external account has gained further momentum as current account deficit posted a notable decline of 73 percent during the first month of this fiscal year (FY20).
Published 21 Aug, 2019 12:00am
Markets

CA deficit declines sharply 73 percent in July

The improvement in Pakistan''s external account has gained further momentum as current account deficit posted a notable decline of 73 percent during the first month of this fiscal year (FY20).
Published 21 Aug, 2019 12:00am
Markets

CA deficit declines sharply 73 percent in July

The improvement in Pakistan's external account has gained further momentum as current account deficit posted a notable decline of 73 percent during the first month of this fiscal year (FY20).
Published 21 Aug, 2019 12:00am
Print

100,000 metric tons of urea reaches Karachi Port

Two urea consignments of some 100,000 metric tons, imported by the state-run grain trader as strategic reserves, have arrived at Karachi Port. Following the directives of the federal government, the Trading Corporation of Pakistan (TCP), in May this year,
Published 16 Aug, 2019 12:00am
Print

100,000 metric tons of urea reaches Karachi Port

Two urea consignments of some 100,000 metric tons, imported by the state-run grain trader as strategic reserves, have arrived at Karachi Port. Following the directives of the federal government, the Trading Corporation of Pakistan (TCP), in May this year,
Published 16 Aug, 2019 12:00am