Trends - banks - Business Recorder

banks

Trend of housing finance is accelerating, says SBP's Kamil

Sima Kamil said that banks have approved loans of Rs 15 billion in six months and earlier loan terms were difficult but now they have been eased.

Published 22 Apr, 2021 02:26pm

Business & Finance

In world first, NZ to make banks report climate impact

WELLINGTON: New Zealand will force banks to reveal the impact their investments have on climate change under...

Updated 15 Apr, 2021 10:07am

Donations, contributions: SBP directs banks to open EKBNS Fund account

KARACHI: The State Bank of Pakistan (SBP) has asked all commercial banks for opening of special fund account titled...

Updated 14 Apr, 2021 10:11am

Business & Finance

Private Sector Wheat procurement: SBP amends instructions

Banks are required to strictly fulfill the conditions for extending financing to eligible borrowers, which should be licensed and functional flour mills duly evidenced by some documentation or licensed wheat traders registered with the concerned authority/department.

Published 03 Apr, 2021 11:03am

Business & Finance

SBP launches a FX Portal for end-to-end digitalization of FX requests

The State Bank of Pakistan (SBP) has launched a Foreign Exchange (FX) Portal for end-to-end digitalization of FX requests.
Currently, customers of 22 banks can submit their cases digitally from their workplace.

Published 27 Mar, 2021 06:21pm

Pakistan

Banks directed to ensure easier financing to public for affordable housing

The revised scheme is expected to make access to housing finance much easier for a large number of households who currently do not own a house.

Published 25 Mar, 2021 08:07pm

Business & Finance

Procurement of Wheat: SBP issues instructions for banks

Special efforts shall be made to ensure that the facilities availed for purposes other than wheat procurement are not utilized for financing of wheat stocks, it said.

Published 22 Mar, 2021 01:35pm

Pakistan

State Bank advises all banks to implement digital portals

It has further been advised that banks must make comprehensive arrangements for any contingency and ensure business continuity in case of disruption in their portals.

Published 16 Mar, 2021 07:27pm

Business & Finance

African currencies week ahead: Kenyan currency seen up, Zambia, Uganda’s to soften

NAIROBI: Kenya’s currency is likely to firm against the US dollar next week as Zambia’s and Uganda’s soften....

Published 15 Mar, 2021 05:22am

BR Research

Banking the unbanked gender

Financial institutions and the financial sector will have to do more than celebrating Women’s Day; they’ve got a...

Published 09 Mar, 2021 07:40am

Markets

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 03 Mar, 2021 05:49am

Markets

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DEC 2020)

KARACHI: Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and ...

Published 01 Mar, 2021 06:13am

Business & Finance

Banks weigh up home working - the new normal or an aberration?

HSBC and Lloyds are getting rid of as much as 40% of their office space as an easy way to make savings when bank profits have been crunched by the pandemic.

Published 27 Feb, 2021 01:48pm

Business & Finance

Majority of banks to begin processing forex digitally by month-end

KARACHI: State Bank of Pakistan’s Banking Services Corporation Managing Director Muhammad Ashraf Khan Monday said...

Published 23 Feb, 2021 05:20am

Business & Finance

SBP directs banks to enable fully interoperable digital payment options

The repayment option shall be available on customers’ ADCs including internet and mobile banking on bill presentment/payment model.

Published 22 Feb, 2021 12:41pm

Markets

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 19 Feb, 2021 04:07am

Markets

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 19 Feb, 2021 04:07am

Markets

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 18 Feb, 2021 04:08am

Markets

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 18 Feb, 2021 04:08am

Markets

European STOXX 600 hits one-year high

• Miners, banks, energy stocks jump • Vivendi surges on plan to distribute 60pc of UMG capital ...

Published 16 Feb, 2021 04:07am

Markets

PSX witnesses bearish trend: BRIndex-100 loses 100.61 points

KARACHI: Pakistan Stock Exchange witnessed bearish trend during the outgoing week ended on Feb 12, due to selling...

Published 15 Feb, 2021 04:53am

Markets

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DEC 2020)

KARACHI: Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and ...

Published 15 Feb, 2021 04:53am

Markets

BRIndex100 little changed: PSX records volume of 1bn shares for the first time in 16 years

KARACHI: Pakistan Stock Exchange Wednesday recorded historic volumes of one billion shares on regular market, ...

Published 11 Feb, 2021 04:34am

BR Research

Bond market: Cat & mouse game

In the bond market, government had shown its cards in Jan 2021 auction by accepting bids at higher rates for 5Y and...

Published 09 Feb, 2021 07:25am

Senate panel unanimously approves Single Window Bill

ISLAMABAD: A meeting of the Senate Standing Committee on Finance has unanimously approved the Pakistan Single Window...

Published 09 Feb, 2021 04:43am

Markets

Saudi leads most Gulf markets higher

DUBAI: Most Gulf stocks closed higher on Sunday following Friday’s rise in global equities and a jump in oil...

Published 08 Feb, 2021 03:46am

Construction boost to put all allied sectors in train

ISLAMABAD: Minister for Information and Broadcasting Shibli Faraz on Wednesay said banks have allocated Rs378 ...

Updated 03 Feb, 2021 09:13am

Markets

Returns on Profit and Loss Sharing Investment Bank Accounts (JAN TO JUNE 2020)

KARACHI: Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and ...

Published 01 Feb, 2021 03:39am

World

Wells Fargo CEO Scharf’s pay drops nearly 12pc in 2020

NEW YORK: Wells Fargo & Co Chief Executive Officer Charles Scharf’s annual pay fell by about $3 million, or...

Updated 31 Jan, 2021 10:27am

Markets

PSX maintains buoyant mood: BRIndex100 extends gains

KARACHI: A bullish trend continued on Pakistan Stock Exchange Tuesday on the back of healthy buying, mainly by local...

Published 27 Jan, 2021 04:59am

Gainers
Losers
Leaders

Stock	Price
First Equity Mod. / Apr 22 First Equity Modaraba(FEM)	3.95 ▲ 0.61 (18.26%)
Sana Ind. (R) / Apr 22 Sana Industries (R)(SNAIR)	13.01 ▲ 1.00 (8.33%)
Capital Assets / Apr 22 Capital Assets Leasing Corporation(CPAL)	12.44 ▲ 0.94 (8.17%)
Quetta Textile / Apr 22 Quetta Textile Mills Limited(QUET)	9.20 ▲ 0.69 (8.11%)
Bal. Glass / Apr 22 Balochistan Glass Limited(BGL)	13.98 ▲ 1.00 (7.70%)
Chashma / Apr 22 Chashma Sugar Mills Limited(CHAS)	86.00 ▲ 6.00 (7.50%)
Indus Dyeing / Apr 22 Indus Dyeing & Manufacturing Co. Limited(IDYM)	311.19 ▲ 21.71 (7.50%)
Telecard Ltd. / Apr 22 Telecard Limited(TELE)	14.91 ▲ 1.04 (7.50%)
Service Fab. / Apr 22 Service Fabrics Limited(SERF)	14.35 ▲ 1.00 (7.49%)
Service Tex. / Apr 22 Service Industries Textiles Limited(SERT)	14.63 ▲ 1.02 (7.49%)

Stock	Price
Universal Ins. / Apr 22 The Universal Insurance Company Limited(UVIC)	3.62 ▲ -0.87 (-19.38%)
Flying Cement (R) / Apr 22 Flying Cement Company (R)(FLYNGR)	2.04 ▲ -0.36 (-15.00%)
Sindh Modaraba / Apr 22 Sindh Modaraba(SINDM)	8.46 ▲ -0.98 (-10.38%)
Highnoon / Apr 22 Highnoon Laboratories Limited(HINOON)	591.00 ▲ -68.16 (-10.34%)
A. Shah Ghazi / Apr 22 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	6.50 ▲ -0.65 (-9.09%)
First Pak Modaraba / Apr 22 First Pak Modaraba(PAKMI)	2.00 ▲ -0.20 (-9.09%)
First Cap. Sec. / Apr 22 First Capital Securities Corporation(FCSC)	1.65 ▲ -0.16 (-8.84%)
Janana D Mal / Apr 22 Janana De Malucho Textile Mills Limited(JDMT)	92.07 ▲ -7.46 (-7.50%)
MCB-Arif Habib / Apr 22 MCB-Arif Habib Savings and Invest(MCBAH)	37.00 ▲ -3.00 (-7.50%)
Pak Suzuki / Apr 22 Pak Suzuki Motor Company Limited(PSMC)	313.17 ▲ -25.39 (-7.50%)

Stock	Volume
Ghani Global Hold. / Apr 22 Ghani Global Holdings Limited(GGL)	36,343,500 ▼ 0.00
TRG Pakistan / Apr 22 TRG Pakistan Limited(TRG)	30,081,086 ▼ 0.00
Worldcall / Apr 22 Worldcall Telecom Limited(WTL)	26,692,500 ▼ 0.00
Unity Foods / Apr 22 Unity Foods Limited(UNITY)	19,537,751 ▼ 0.00
Telecard Ltd. / Apr 22 Telecard Limited(TELE)	11,774,500 ▼ 0.00
Byco Petr. / Apr 22 Byco Petroleum Pakistan Limited(BYCO)	9,145,000 ▼ 0.00
Pakistan Refinery / Apr 22 Pakistan Refinery Limited(PRL)	8,440,500 ▼ 0.00
Bal. Glass / Apr 22 Balochistan Glass Limited(BGL)	8,202,000 ▼ 0.00
Bank of Punjab / Apr 22 The Bank of Punjab(BOP)	8,096,500 ▼ 0.00
Aisha Steel / Apr 22 Aisha Steel Mills Limited(ASL)	8,085,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 21	153.20
USD PKR Interbank Buying / Apr 21	153.10
USD to Japanese Yen / Apr 21	108.08
USD to Swiss Franc / Apr 21	0.92
Pound Sterling to USD / Apr 21	1.39
Euro to USD / Apr 21	1.20
UK LIBOR % / Apr 21	0.07

Stock	Volume
S&P 500 / Apr 21	4173.42
India Sensex / Apr 21	47705.80
Tokyo Nikkei / Apr 21	28508.55
Nasdaq / Apr 21	13950.22
Hang Seng / Apr 21	28621.92
FTSE 100 / Apr 21	6895.29
Dow Jones / Apr 21	34137.31
Germany DAX 30 / Apr 21	15195.97
France CAC40 / Apr 21	6210.55

Item	Value
Crude Oil / Apr 21	61.07
Karachi Cotton Assoc. / Apr 21	10800.00
Gold 10 Grams / Apr 21	89163.00
Gold Spot / Apr 21	1794.90
Cotton / Apr 21	86.23

banks

Trend of housing finance is accelerating, says SBP's Kamil

In world first, NZ to make banks report climate impact

Donations, contributions: SBP directs banks to open EKBNS Fund account

Private Sector Wheat procurement: SBP amends instructions

SBP launches a FX Portal for end-to-end digitalization of FX requests

Banks directed to ensure easier financing to public for affordable housing

Procurement of Wheat: SBP issues instructions for banks

State Bank advises all banks to implement digital portals

African currencies week ahead: Kenyan currency seen up, Zambia, Uganda’s to soften

Banking the unbanked gender

Dates of Closure of Books & Annual General Meetings

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DEC 2020)

Banks weigh up home working - the new normal or an aberration?

Majority of banks to begin processing forex digitally by month-end

SBP directs banks to enable fully interoperable digital payment options

Cross Transactions between Client to Client & Financial Institutions

BOARD MEETINGS

BOARD MEETINGS

Proposed right issues

European STOXX 600 hits one-year high

PSX witnesses bearish trend: BRIndex-100 loses 100.61 points

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DEC 2020)

BRIndex100 little changed: PSX records volume of 1bn shares for the first time in 16 years

Bond market: Cat & mouse game

Senate panel unanimously approves Single Window Bill

Saudi leads most Gulf markets higher

Construction boost to put all allied sectors in train

Returns on Profit and Loss Sharing Investment Bank Accounts (JAN TO JUNE 2020)

Wells Fargo CEO Scharf’s pay drops nearly 12pc in 2020

PSX maintains buoyant mood: BRIndex100 extends gains

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