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ATMs

NBP joins hands with TouchPoint to build strong partnership

KARACHI: National Bank of Pakistan (NBP) and TouchPoint, a leading provider of self-service solutions, have...

Published 24 May, 2024 06:25am

Business & Finance

ABL demonstrates resilience, achieves significant growth

KARACHI: Despite high interest rates and challenging economic conditions, Pakistan’s banking sector demonstrated...

Published 16 Feb, 2024 06:02am

Business & Finance

Cash transactions at BB locations: Biometric verification of accountholders a must: SBP

KARACHI: The State Bank of Pakistan (SBP) has made Biometric Verification (BV) of accountholders mandatory for all...

Published 26 Oct, 2023 06:08am

Business & Finance

APSR for FY23 released: Banks, MFBs process e-banking transactions worth Rs167.4trn

KARACHI: Banks and MFBs have processed 2,073.3 million e-banking transactions amounting to Rs. 167.4 trillion in...

Updated 28 Sep, 2023 10:05am

Business & Finance

Taxpayers’ facilitation: Banks told to implement ‘DIRBS’ in AJK and GB

KARACHI: The State Bank of Pakistan (SBP) has asked banks for implementation of Device Identification Registration...

Published 23 Aug, 2023 05:50am

Over Rs50,000 cash withdrawals thru credit cards/ATMs: Non-filers to pay 0.6pc WHT: FBR

Through Income Tax Circular 2 of 2023, FBR has explained important amendments made in the Income Tax Ordinance, 2001 (the Ordinance) through Finance Act 2023

Updated 30 Jul, 2023 09:49am

Pakistan

BISP beneficiaries form long queues in front of ATMs

LAHORE: The Auto Teller Machines (ATMs) of banks are flooded with long queues of the beneficiaries of Benazir Income...

Published 22 Jan, 2023 03:08am

Facial recognition of users by LEAs: Banks told to install quality CCTVs at ATMs, on branch premises

KARACHI: The State Bank of Pakistan (SBP) has directed banks to install top quality CCTVs at ATMs and around branch...

Updated 27 Oct, 2022 09:47am

Business & Finance

UBL, NayaPay partner for fast int’l remittances to Pakistan

KARACHI: As the demand for fast, secure and simple digital payments across borders continues to grow, UBL and ...

Published 05 Oct, 2022 05:49am

Opinion

Europe’s banks dim lights as they brace for winter blackout

Some of Europe’s biggest banks are preparing back-up generators and to dim the lights as they brace for potential...

Published 08 Sep, 2022 06:29am

Business & Finance

ABL introduces country’s first ATMs that recycle cash

LAHORE: ABL being the leading bank has heavily invested in new-age technologies. In order to further enhance banking...

Published 22 Jul, 2022 06:07am

Opinion

Digital mode of payment

An amendment was introduced to the Income Tax Ordinance, 2001 (ITO) in September 2021, vide presidential ordinance ...

Published 01 Jun, 2022 05:53am

Business & Finance

Bank branches to remain open tomorrow

KARACHI: The State Bank of Pakistan (SBP) on Thursday announced that all banks and their branches shall remain open...

Published 29 Apr, 2022 05:43am

BR Research

Rise of mobile banking

Statistics from late last year show that banking customers in Pakistan were transacting more (in value terms) via ...

Published 18 Apr, 2022 08:39am

BR Research

E-banking: growing momentum

After posting a strong performance in FY21, the banking sector’s prominent alternate delivery channels (ADCs) –...

Published 03 Mar, 2022 09:54am

Cyber-attack: NBP reports continuing successful operational recovery

KARACHI: NBP reported continuing successful operational recovery from the cyber-attack on its systems which occurred...

Published 02 Nov, 2021 03:50am

Technology

El Salvador leads the world into cryptocurrency: bitcoin legal tender

Last year alone remittances to El Salvador amounted to almost $6 billion, or 23% of its gross domestic product, one of the highest ratios in the world

Published 07 Sep, 2021 12:17pm

BR Research

Good times for e-banking

The usage of electronic banking (e-banking) continues to improve in Pakistan, thanks to regulatory response during...

Published 01 Jul, 2021 07:40am

Markets

Bitcoin to become legal tender in El Salvador on Sept 7

According to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash.

Published 25 Jun, 2021 10:47am

Business & Finance

Santander says technical difficulties affecting UK customers

The bank has 14 million customers in Britain and said in a statement on Twitter it was working hard to fix the problem.
"You can access cash from other bank's ATMs and at the Post Office."

Published 15 May, 2021 07:08pm

Pakistan

‘1m growers to get subsidy of Rs5bn per annum’

LAHORE: Over one million growers registered with the provincial government will get subsidy of around Rs5 billion ...

Published 01 May, 2021 03:28am

Markets

Japan's Mizuho to decline to chair lobby group after glitches

Instead, Japan's No.2 lender Sumitomo Mitsui Financial Group Inc will take over from the current chair Mitsubishi UFJ Financial Group Inc from July, the source said on condition of anonymity.
The issue on March 11 was a hardware problem at its data centre, which delayed 263 foreign currency-denominated remittances for corporate clients, worth 50 billion yen.

Updated 13 Apr, 2021 07:50pm

Business & Finance

KP govt, SBP, 1-Link sign agreement to collect taxes through ADCs

PESHAWAR: To facilitate taxpayers and further simplify tax payment procedure, the Khyber Pakhtunkhwa government,...

Updated 08 Apr, 2021 09:06am

Business & Finance

Japan's Mizuho to revise IT contingency plans after glitches

Mizuho, Japan's third largest lender by assets, has a history of technical problems. The bank started operating its current system in July 2019 after spending more than 400 billion yen ($3.6 billion) to develop it.
I don't see a problem at the core banking system itself for now, but some repair may be needed if necessary.

Published 05 Apr, 2021 06:35pm

Business & Finance

Meezan Bank announces financial results for 2020

KARACHI: The Board of Directors of Meezan Bank Limited in its meeting, held on February 18, 2021 approved the ...

Updated 24 Feb, 2021 09:38am

SBP takes key step towards collection of govt taxes, duties

KARACHI: Aimed at further digitalising the collection of taxes and duties, the State Bank of Pakistan (SBP) has ...

Published 22 Jan, 2021 04:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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