Banking

China central bank publishes disclosure rules for credit bonds

The rules are amied at improving the quality of information disclosure, helping enhance transparency and protect investors.

Published 28 Dec, 2020 05:40pm

Banking

Italy's UniCredit says board would never agree to harmful deal

French CEO of UniCredit said M&A was "no panacea".
Mustier at odds with Italy's consolidation drive.
Italy has been seeking buyer for Monte dei Paschi.
JPMorgan says successor will have "big shoes to fill".

Published 02 Dec, 2020 02:15am

Banking

US bank profits recover from early 2020 turmoil, still down from year prior

The industry's profits jumped 173% in the third quarter to $51.2 billion, after firms spent the first half of the year setting aside billions of dollars to offset expected pandemic-driven losses.
The banking industry remains well-capitalized with ample liquidity and has, to date.

Published 02 Dec, 2020 12:24am

Banking

Debt debate – context would not hurt!

Lately, a few commentators have been talking on public debt, and the narrative is populist. In economics, absolute numbe

Updated 03 Dec, 2019 11:39am

Banking

The brave new banking world

‘Banks want to play tech companies,’ read a headline in this newspaper earlier this month. Given a private sector ch

Updated 20 Nov, 2019 06:21am

Banking

Banking: Big five take decent strides

The big five (B5) banks lent almost similar amount to the private sector in 9MCY19, that they did a year ago. The net ad

Updated 05 Nov, 2019 06:16am

Banking

NBP 9MCY19: Sound and strong

National Bank of Pakistan (NBP) has continued its strong performance, as reflected by strong profit numbers for 9MCY19.

Updated 31 Oct, 2019 08:11am

Banking

SBP focuses Investment constraints

The SBP in its recently released annual report has incorporated a chapter on factors constraining investment in Pakistan

Updated 30 Oct, 2019 06:46am

Banking

Doing business: beyond World Bank rankings

Pakistan’s poor ranking on the World Bank’s Ease of Doing Business indicators is one of the main deterrents to growth in

Updated 28 Oct, 2019 06:40am

Banking

Bank Alfalah: upbeat profits

Bank Alfalah Limited (BAFL) posted double digit year-on-year growth in pretax profits for 9MCY19, despite the challengin

Updated 28 Oct, 2019 06:47am

Banking

Bank Al Habib profits grow

Bank Al Habib Limited (BAHL) is doing pretty well. It posted a sizable 30 percent year-on-year increase in pre-tax profi

Updated 25 Oct, 2019 06:02am

Banking

Demonetization: ‘objective’ matters

It is almost three years since the great macroeconomic experiment of "demonetization" had taken place in India. That so-

Updated 23 Oct, 2019 12:58pm

Banking

Ants, elephants, and SME finance

Access to affordable finance has long been labelled as one of the key obstacles to SME growth in Pakistan. But is that n

Updated 23 Oct, 2019 01:04pm

Banking

ABL goes smooth

Allied Bank Limited (ABL) announced its 9MCY19 financial results last week, accompanied with an interim dividend of Rs2

Updated 21 Oct, 2019 06:25am

Banking

All is well at MCB

The challenging economic conditions seem to have done no harm to MCB Bank’s profits. The bank also continued with the ri

Updated 18 Oct, 2019 06:02am

Banking

Profits grow at UBL

UBL announced its 9MCY19 financial results yesterday, making good strides, accompanied with an interim dividend of Rs3/s

Updated 17 Oct, 2019 07:25am

Banking

HBL: pretax profits up

Having had a slightly challenging 2QCY19, in terms of profitability, the country’s largest commercial bank, HBL stag

Updated 16 Oct, 2019 06:40am

Banking

Forget the heat - the flow is here

The hot money is getting hotter in Pakistan. At an unprecedented level of $234 million in Sep-19, the year to date inflo

Updated 23 Oct, 2019 01:39pm

Banking

NBP – impressive again

National Bank of Pakistan (NBP) keeps churning profits, and 1HCY19 was no different. Save from a higher effective tax ra

Updated 02 Sep, 2019 05:17am

Banking

Reported fiscal deficit – not too scary

Yesterday, the ministry of finance reported the fiscal deficit number at 8.9 percent of GDP or Rs3.44 trillion. This spa

Updated 28 Aug, 2019 06:57am

Banking

JSBL 1HCY19

JS Bank Limited has had it tough in 2019 so far. That should not come as a surprise as most sectors have had it tough th

Updated 28 Aug, 2019 06:50am

Banking

Scary fiscal deficit – don’t look at it

The country’s total debt and liabilities increased by 35 percent or Rs10.3 trillion in FY19 to reach Rs40.2 trillion – 1

Updated 27 Aug, 2019 11:38am

Banking

Changing sentiments?

Last week the news flow was positive; and the stock market reacted to it with 9 percent recovery. A fresh wave of positi

Published 26 Aug, 2019 06:46am

Banking

BOP: double digit growth

The Bank of Punjab (BOP) rode on the exemplary top line growth, which trickled down to the bottom line, posting a double

Published 26 Aug, 2019 06:05am

Banking

FDI: finding neverland

FDI data is here; FDI isn’t - unless one really counts those peanut-sized net inflows of $73.4 million in July 2019.

Updated 29 Aug, 2019 05:10am

Banking

Askari Bank marches on

The blueprint for banks this season – big, mid-sized and small, has been by and large the same. Bank on higher interest

Published 23 Aug, 2019 05:57am

Banking

The yield curve inversion

The market participated with full heart in the recent PIB auction, indicating that the pulse in rates is peaked. Market

Published 23 Aug, 2019 05:44am

Banking

Current account in control

The current account deficit is down to $579 million in July19; almost one fourth of what was in the July18 – just before

Published 22 Aug, 2019 06:50am

Banking

Bank Al Habib sails smooth

Bank Al Habib Limited (BAHL) posted a strong 1HCY19 financial performance, registering 21 percent year-on-year increase

Published 22 Aug, 2019 06:47am

Banking

ABL 1HCY19: well poised

Allied Bank Limited (ABL) posted its financial results for 1hCY19, accompanied with an interim dividend of Rs2 per share

Published 21 Aug, 2019 05:41am

Gainers
Losers
Leaders

Stock	Price
Invest Cap. Bank / Jan 22 Invest Capital Investment Bank Limited(ICIBL)	3.47 ▲ 1.05 (28.04%)
Nazir Cotton / Jan 22 Nazir Cotton Mills Limited(NCML)	4.74 ▲ 0.98 (22.16%)
1st Dawood / Jan 22 First Dawood Investment Bank Limited(FDIBL)	2.72 ▲ 0.39 (16.74%)
Saudi Pak Leas. / Jan 22 Saudi Pak Leasing Company Limited(SPLC)	1.89 ▲ 0.36 (14.55%)
Hala Enterpries / Jan 22 Hala Enterprises Limited(HAEL)	11.60 ▲ 1.10 (9.43%)
Fazal Cloth / Jan 22 Fazal Cloth Mills Limited(FZCM)	213.66 ▲ 19.66 (7.50%)
Pak Synthetic / Jan 22 Pakistan Synthetics Limited(PSYL)	23.65 ▲ 1.65 (7.50%)
Rel.Cotton / Jan 22 Reliance Cotton Spinning Mills Limited(RCML)	174.25 ▲ 14.25 (7.50%)
First Imrooz Mod. / Jan 22 First Imrooz Modaraba(FIMM)	102.84 ▲ 7.17 (7.49%)
First National Equities / Jan 22 First National Equities Limited(FNEL)	21.82 ▲ 1.63 (7.49%)

Stock	Price
First Equity Mod. / Jan 22 First Equity Modaraba(FEM)	3.05 ▼ 0.16 (-8.68%)
Habib Ins. / Jan 22 Habib Insurance Company Limited(HICL)	7.51 ▼ 0.00 (-7.85%)
Khurshid Spinng / Jan 22 Khurshid Spinning Mills Limited(KHSM)	21.15 ▼ 3.27 (-7.48%)
Unicap Mod. / Jan 22 Unicap Modaraba(UCAPM)	1.02 ▼ 0.00 (-7.27%)
Universal Ins. / Jan 22 The Universal Insurance Company Limited(UVIC)	5.06 ▼ 1.10 (-6.99%)
Frontier Cer. / Jan 22 Frontier Ceramics Limited(FRCL)	24.36 ▼ 0.50 (-5.58%)
F.Treet Manuf.Mod / Jan 22 First Treet Manufacturing Modaraba(FTMM)	16.62 ▼ 1.39 (-5.35%)
HBL Inv.Fund / Jan 22 HBL Investment Fund(HIFA)	3.31 ▼ 0.35 (-5.16%)
Telecard / Jan 22 Telecard Limited(TELE)	2.91 ▼ 0.15 (-4.90%)
Ravi Textile / Jan 22 Ravi Textile Mills Limited(RAVT)	10.00 ▼ 0.15 (-4.67%)

Stock	Volume
K-Electric Ltd / Jan 22 K-Electric Limited(KEL)	143,822,500 ▼ 0.27
Hum Network / Jan 22 Hum Network Limited(HUMNL)	43,378,000 ▼ 0.42
Pak Int.Bulk Ter / Jan 22 Pakistan International Bulk Terminal Limited(PIBTL)	31,430,000 ▼ 0.50
Fauji Foods / Jan 22 Fauji Foods Limited(FFL)	23,037,500 ▼ 1.04
Unity Foods / Jan 22 Unity Foods Limited(UNITY)	21,205,214 ▼ 0.69
Jahangir Sid. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	20,470,500 ▼ 1.68
TRG Pak. / Jan 22 TRG Pakistan Limited(TRG)	17,361,500 ▼ 3.36
Invest Cap. Bank / Jan 22 Invest Capital Investment Bank Limited(ICIBL)	16,934,000 ▼ 1.05
SILKBANK / Jan 22 Silkbank Limited(SILK)	16,364,500 ▼ 0.08
Al Shaheer Corp. / Jan 22 Al Shaheer Corporation Limited(ASC)	16,117,000 ▼ 0.56

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jan 22	160.65
USD PKR Interbank Buying / Jan 22	160.55
USD to Japanese Yen / Jan 22	103.52
USD to Swiss Franc / Jan 22	0.89
Pound Sterling to USD / Jan 22	1.37
Euro to USD / Jan 22	1.22

Stock	Volume
S&P 500 / Jan 22	3853.07
India Sensex / Jan 22	49624.76
Tokyo Nikkei / Jan 22	28756.86
Nasdaq / Jan 22	13530.91
Hang Seng / Jan 22	29927.76
FTSE 100 / Jan 22	6715.42
Dow Jones / Jan 22	31176.01
Germany DAX 30 / Jan 22	13906.67
France CAC40 / Jan 22	5590.79

Indicator	Value
UK LIBOR % / Jan 22	0.09

Banking

China central bank publishes disclosure rules for credit bonds

Italy's UniCredit says board would never agree to harmful deal

US bank profits recover from early 2020 turmoil, still down from year prior

Debt debate – context would not hurt!

The brave new banking world

Banking: Big five take decent strides

NBP 9MCY19: Sound and strong

SBP focuses Investment constraints

Doing business: beyond World Bank rankings

Bank Alfalah: upbeat profits

Bank Al Habib profits grow

Demonetization: ‘objective’ matters

Ants, elephants, and SME finance

ABL goes smooth

All is well at MCB

Profits grow at UBL

HBL: pretax profits up

Forget the heat - the flow is here

NBP – impressive again

Reported fiscal deficit – not too scary

JSBL 1HCY19

Scary fiscal deficit – don’t look at it

Changing sentiments?

BOP: double digit growth

FDI: finding neverland

Askari Bank marches on

The yield curve inversion

Current account in control

Bank Al Habib sails smooth

ABL 1HCY19: well poised

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