Saudi officials downplay risks to global bank sector RIYADH: Saudi finance officials on Thursday downplayed risks to the global banking sector after days of market... Published 16 Mar, 2023 09:02pm
Pakistan President Alvi calls for streamlining banking, insurance sectors Says the only way to strengthen democracy is to follow the constitution Updated 15 Feb, 2023 07:51pm
Business & Finance Banking sector: deposits, advances post growth YoY in December Pakistan's banking sector deposits posted a growth of 7.1% on a year-on-year (YoY) basis in December 2022, revealed... Published 12 Jan, 2023 10:26pm
BR Research Why banks don’t lend There is a declining trend in the banking sector’s returns on equity as banks are not lending to the private sector.... Published 09 Jan, 2023 08:36am
BR Research On e-banking channels After a bit of delay, the Payment Systems Review for FY22 was finally released by the SBP last weekend. Within that... Published 26 Dec, 2022 09:28am
Business & Finance Banking sector asked to embrace new technologies KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmed has urged the banking sector to embrace advanced... Published 10 Dec, 2022 06:00am
Pakistan Center for financial inclusion of PWDs launched KARACHI: Network Organization Working for People with Disabilities in Pakistan (NOWPDP) in association with the ... Published 03 Dec, 2022 05:51am
Business & Finance Smart, innovative digital financial services: SBP governor explains how banks can better serve business sector KARACHI: Jameel Ahmed, Governor of the State Bank of Pakistan (SBP) has said that banking system can better serve... Published 03 Dec, 2022 05:50am
Business & Finance Yellen says crypto-currencies need regulation NEW YORK: US Treasury Secretary Janet Yellen on Wednesday said recent turmoil in the cryptocurrency market has not... Published 01 Dec, 2022 07:06am
Business & Finance SBP’s MYPR covering H1CY22 unveiled: Banking sector shows robust performance, resilience KARACHI: The State Bank of Pakistan (SBP) has issued on Monday the Mid-Year Performance Review (MYPR) of the banking... Published 29 Nov, 2022 05:57am
Print Religious scholars and banking sector representative: Miftah underscores need for dialogue Seeks guidance and clarity on the issues of Sharia-compliant mechanism Updated 20 Jul, 2022 09:21am
Business & Finance Assets of NBFCs sector post 79pc growth in 10 years: SECP chief ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Chairman Aamir Khan on Thursday said that the... Published 15 Jul, 2022 07:29am
Business & Finance Implementation of IFRS 9: SBP issues final instructions KARACHI: The State Bank of Pakistan (SBP) has issued final instructions for implementation of the International... Published 07 Jul, 2022 05:35am
Print Banking sector: SBP announces steps aimed at conserving energy, fuel KARACHI: The State Bank of Pakistan (SBP) on Wednesday announced measures to conserve energy and fuel in the banking... Updated 23 Jun, 2022 10:05am
BR Research E-banking: continued growth Latest central bank data show that prominent electronic banking (e-banking) channels continue to write their growth... Published 22 Jun, 2022 09:33am
Print Inclusive of Super Tax: Tax on banking sector to go up to 45pc KARACHI: The federal government has proposed to increase the tax rate for banking sector, ie, from 39 percent to 45... Published 11 Jun, 2022 06:41am
Business & Finance Banking sector: FBR considering increasing super tax rate: expert PESHAWAR: A tax expert belonging to Khyber Pakhtunkhwa, Muhammad Umair Zeb, has said the Federal Board of Revenue... Published 06 Jun, 2022 06:45am
Print Banks: govt mulling raising super tax rate ISLAMABAD: The Federal Board of Revenue (FBR) will propose “Super Tax” on certain sectors having annual turnover... Updated 31 May, 2022 10:11am
Print Monthly advance tax: Banking sector asks FBR to give Kibor-based compensation ISLAMABAD: The banking sector has strongly proposed to the Federal Board of Revenue (FBR) that banks should be given... Updated 27 May, 2022 10:01am
Print Q1: Profitability of listed banks up by 28pc YoY KARACHI: Pakistan listed banks’ profitability grew by 28 percent on year-on-year basis in the first quarter of ... Published 21 May, 2022 04:34am
Business & Finance Moody’s maintains ‘stable outlook’ for Pakistan’s banking sector Expects real GDP growth of between 3% and 4% for fiscal 2022 and between 4% and 5% for fiscal 2023 Updated 11 Apr, 2022 08:04pm
Business & Finance Progress on SDGs from banking sector’s perspective: SBP governor unveils report KARACHI: Governor State Bank of Pakistan, Dr Reza Baqir unveiled a report titled “SDGs and sustainability... Published 26 Mar, 2022 04:13am
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
World What is SWIFT: the global finance arm that the West can twist PARIS: Exclusion from SWIFT, a very discreet but important cog in the machinery of international finance, is one of... Updated 27 Feb, 2022 11:58am
BR Research Soneri Bank: Profits grow Soneri Bank Limited announced its 2021 financial results, registering 19 percent year-on-year growth in after-tax... Published 22 Feb, 2022 08:19am
Print MoF and SBP oppose move: Senate panel approves Banking Cos (Amend) Bill In the bill, it was proposed to impose one-million-rupee fine and one year punishment for refusal to provide banking facilities to consumers on the ground of politically-exposed person (PEP) Updated 19 Feb, 2022 01:55pm
Business & Finance Lebanon deputy PM: Talks with IMF focus on budget, banking sector, exchange rate Lebanon's deputy prime minister said a round of talks with the International Monetary Fund that began on Monday ... Published 25 Jan, 2022 10:12am
Business & Finance Pakistan’s banking sector maintains growth momentum in Q3CY21: SBP Pakistan banking industry maintained its upward trajectory during Q3CY21, as assets of the sector increased 2.17%... Published 04 Jan, 2022 01:26pm
Opinion Pakistan’s economy: Are interest rates relevant? The level, extent, nature and composition of ‘cash economy’ of the country constitute a subject which is not... Published 09 Dec, 2021 04:29am
Editorials Incentivising SMEs EDITORIAL: The government has no doubt put a lot of thought into the Small and Medium Enterprises (SMEs) Policy... Updated 22 Nov, 2021 11:21pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees