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commercial banks

Banking Mohtasib urged to reduce duration of complaints registration

PESHAWAR: Traders here on Tuesday urged the Federal Banking Mohtasib (Ombudsman) Pakistan to reduce the duration of...

Published 06 Jul, 2022 07:31am

Business & Finance

Traders call for promotion of Islamic banking in KP

PESHAWAR: Traders have urged the central bank to play its proactive role in promotion of Islamic banking in Khyber...

Published 27 Jun, 2022 07:21am

Banks asked to close govt accounts with zero balance

ISLAMABAD: Ministry of Finance (MoF) has requested all commercial banks to close accounts of federal government...

Updated 14 Jun, 2022 10:01am

Business & Finance

Forex reserves decline by $366m

KARACHI: The total liquid foreign reserves held by State Bank of Pakistan declined by $366 million to $9.722 billion...

Published 03 Jun, 2022 07:18am

Business & Finance

Forex reserves decrease by $145m

KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SBP) decreased by $145 million to...

Published 20 May, 2022 06:00am

Forex reserves continue to decline

KARACHI: The country’s total liquid foreign exchange reserves continued to decline and reached below $17 billion...

Published 29 Apr, 2022 05:43am

Markets

SBP-held reserves increase marginally, now stand at $10.89bn

Data shows total reserves held by Pakistan amount to $17.05bn

Published 21 Apr, 2022 04:19pm

Business & Finance

SBP’s reserves slip below $11bn

KARACHI: The country’s total liquid foreign exchange reserves further fell by $449 million during last week due to...

Published 15 Apr, 2022 05:29am

Business & Finance

Mohtasib provides Rs224.83m relief to bank customers

KARACHI: The Banking Mohtasib Pakistan has provided monetary relief amounting to Rs 224.83 million to banking...

Published 14 Apr, 2022 04:55am

Business & Finance

Forex reserves slip below $23bn

KARACHI: The country’s total liquid foreign exchange reserves reached below $ 23 billion at the end of last week....

Published 04 Mar, 2022 04:37am

BR Research

SBP: still not free of its demons

Last week, SBP enhanced the scope of its concessionary working capital refinance program - Export Finance Scheme...

Published 21 Feb, 2022 08:12am

Editorials

The IMF tranche

EDITORIAL: As expected the International Monetary Fund’s (IMF’s) Board of Directors approved the release of the...

Published 07 Feb, 2022 05:22am

Opinion

Think beyond ‘mafias’

Last week, Competition Commission of Pakistan (CCP) initiated an inquiry into suspected collusion by commercial ...

Published 31 Jan, 2022 05:28am

Business & Finance

Forex reserves fall by $562m

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell sharply $562 million in a week due...

Published 21 Jan, 2022 05:27am

Business & Finance

Banks disburse Rs38bn loans among 12,000 applicants: NAPHDA

ISLAMABAD: Commercial and micro finance banks disbursed Rs38 billion loans among 12,000 eligible applicants for...

Published 13 Jan, 2022 07:17am

BR Research

Banks and SBP go head-to-head

The SBP and commercial banks are heads on. SBP through its policy decision and communication attempted to cool off...

Published 17 Dec, 2021 08:05am

Pakistan

Forex reserves down $123m

KARACHI: The country’s total liquid foreign exchange reserves declined by $123 million during the last week....

Published 17 Dec, 2021 04:30am

Forex reserves down $275m

KARACHI: The country’s total liquid foreign exchange reserves declined by $275 million during last week. ...

Updated 03 Dec, 2021 02:26pm

SBP’s forex reserves up by $53m

KARACHI: The State Bank of Pakistan’s forex reserves increased by $ 53 million to $ 17.199 billion at the end of...

Updated 05 Nov, 2021 11:47pm

MFIs want status of commercial banks

ISLAMABAD: Micro Finance Institutions (MFIs) have urged the government to give them status of banks, aimed at...

Updated 28 Oct, 2021 09:35am

Business & Finance

First women help desk opened at Bank Alfalah

FAISALABAD: In line with the banking equity policy of the State Bank of Pakistan (SBP), as many as 7,590 branches of...

Published 27 Oct, 2021 04:50am

Kamyab Pakistan Programme: Bids invited from banks to act as wholesale lenders

ISLAMABAD: The Finance Division has invited bids from commercial banks –conventional and Islamic – for acting as...

Updated 24 Oct, 2021 02:40pm

World

Finance sector: China launches new round of graft busting

BEIJING: China's ruling Community Party turned its sights on the country's vast financial sector this month, kicking...

Published 13 Oct, 2021 04:47am

Business & Finance

Pursuit of going digital: FBR’s latest measure draws business community’s ire

Measure makes post-dated cheques or any other paper-based payment system a non-deductible expense for businesses

Updated 29 Sep, 2021 09:45am

Three major roads: Govt to raise Rs100bn thru sukuk auction

KARACHI: The federal government will raise Rs100 billion through auction of Ijarah Sukuk against three identified...

Updated 28 Sep, 2021 09:47am

Business & Finance

Bank makes payment to complainant on Mohtasib’s orders

KARACHI: On the order of Banking Mohtasib Pakistan, one of the leading commercial banks has made payment of ...

Published 23 Sep, 2021 04:35am

World

Running out of dollars, Afghan banks ask Taliban for more cash

FRANKFURT/MUMBAI: Afghanistan's banks are running out of dollars, and may have to close their doors to customers...

Published 15 Sep, 2021 06:34pm

Business & Finance

SBP launching ‘Roshan Apna Ghar’ scheme for expats

KARACHI: The State Bank of Pakistan (SBP) will be launching this week a new product - Roshan Apna Ghar - for...

Published 26 Aug, 2021 04:52am

Markets

Kenyan shilling stable, dollar inflows into government bond eyed

Commercial banks quoted the shilling at 109.50/70 to the dollar, compared with Friday's close of 109.45/65

Published 23 Aug, 2021 01:50pm

SBP’s forex reserves down $223m

KARACHI: The State Bank of Pakistan (SBP) has made external debt repayments and payments for the import of Covid-19...

Published 13 Aug, 2021 04:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 25	293.94
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Diesel/Litre / Apr 25	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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