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commercial banks

Banks slow to limit coal financing: NGO

FRANKFURT, (Germany): Banks lent almost $470 billion to the coal industry between 2021 and 2023, according to a ...

Published 03 May, 2024 06:29am

BR Research

Rising textile NPLs: who is on the hook?

Not all commercial banks are created equals. And some are certainly better capitalized than others. As the economy...

Published 04 Apr, 2024 06:10am

Business & Finance

Forex decreases by $44m

KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SB) decreased by $44 million to...

Published 23 Feb, 2024 06:36am

Business & Finance

NBP’s profit surges by 72%, clocks in at Rs53.3bn in 2023

National Bank of Pakistan (NBP), one of the country’s largest commercial banks, registered a profit-after-tax (PAT)...

Published 22 Feb, 2024 02:48pm

Business & Finance

Kifaalat Programme: BISP launches new payment system of stipends thru six banks

ISLAMABAD: Benazir Income Support Programme (BISP) has launched a new payment system, by increasing from two to six,...

Published 22 Feb, 2024 06:55am

Opinion

Protecting the common man: navigating street banking

In this age of information, fueled by electronic media reaching the very heart of our homes, even the “common...

Published 21 Feb, 2024 05:29am

Business & Finance

Forex reserves drop by $217m

KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SBP) decreased by $ 217 million to $...

Published 24 Nov, 2023 05:29am

Business & Finance

Forex reserves down $79m

KARACHI: The country’s liquid foreign exchange reserves declined by $79 million to stand at $ 12.576 billion by ...

Published 03 Nov, 2023 06:11am

Opinion

Capacity payments conundrum

The matter of increased capacity payments to power plants has sparked a heated controversy. In recent years, these...

Updated 19 Oct, 2023 05:34am

Business & Finance

Both banknotes of Rs75 legal tender: SBP

KARACHI: The State Bank of Pakistan (SBP) has clarified that under Section 25 of the State Bank of Pakistan Act,...

Published 13 Oct, 2023 05:50am

Business & Finance

Forex reserves down $25m

KARACHI: The country’s liquid foreign exchange reserves declined by $25 million to $13.162 billion at the end of...

Published 29 Sep, 2023 06:24am

Markets

Bank AL Habib says will establish wholly-owned Exchange Company

Becomes fourth bank in recent weeks to make this announcement

Updated 22 Sep, 2023 10:40pm

Business & Finance

Forex reserves rise

KARACHI: The country’s total liquid foreign exchange reserves increased by $ 108 million to $ 13.187 billion as of...

Published 22 Sep, 2023 03:33am

Business & Finance

SBP extends deadline for encashment of prize bonds

KARACHI: The State Bank of Pakistan (SBP) has announced the extension in last date for...

Published 07 Sep, 2023 06:21am

Effective today: No Raast services for 2 days due to system upgradation: SBP

KARACHI: The State Bank of Pakistan (SBP) has announced that Raast services will remain unavailable for two days due...

Updated 03 Sep, 2023 09:37am

Banking institutions asked to strengthen financial inclusion, gender equality

KARACHI: President Dr Arif Alvi Monday asked the banking institutions to take measures to further strengthening...

Updated 29 Aug, 2023 08:40am

Business & Finance

Pakistan Remittance Summit to be held in Dubai

KARACHI: Dellsons Associates in collaboration with leading commercial banks will organize an international...

Published 29 Aug, 2023 06:01am

Business & Finance

Forex reserves fall $131m

KARACHI: The country’s total liquid foreign exchange reserves fell by $131 million during the last week due to...

Published 25 Aug, 2023 06:34am

Business & Finance

SBP’s reserves up by $12m

KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $12 ...

Published 18 Aug, 2023 05:42am

Business & Finance

$3bn bank loans given during PTI govt’s tenure: PAC again demands list of 628 beneficiaries

ISLAMABAD: Members of the Public Accounts Committee (PAC) again demanded a list of the 628...

Published 09 Aug, 2023 05:33am

Business & Finance

FPCCI disappointed over 21pc key policy rate

KARACHI: President FPCCI, Irfan Iqbal Sheikh has expressed his profound disappointment over maintaining status quo ...

Published 15 Jun, 2023 06:03am

SBP’s auction calendar: Cash-strapped govt to borrow record Rs10trn in 3 months

KARACHI: The cash-strapped federal government plans to borrow record over Rs 10 trillion from the commercial banks...

Updated 09 Jun, 2023 09:00am

Debit, credit cards: ECAP suggests 10pc tax on shopping abroad

KARACHI: Exchange Companies of Pakistan (ECAP) Chairman Malik Muhammad Bostan Thursday suggested early imposition of...

Updated 02 Jun, 2023 12:07pm

Bringing energy efficiency to industrial sector: World Bank advocates establishing credit line

WB in consultation with the National Energy Efficiency & Conservation Authority is implementing two substantial technical assistance activities to the scoping and implementation of EE&C measures in Pakistan

Updated 26 May, 2023 09:00am

Letters of credit: Banks asked to facilitate: Export-oriented sectors find favour with Dar

Finance minister reiterates government’s resolve to overcome challenges and set the economy towards growth

Updated 22 May, 2023 05:34pm

ECC approves Rs13.2bn TSG for PMRCL

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the cabinet has approved a technical...

Updated 09 May, 2023 09:12am

Business & Finance

FPCCI chief urges SBP to remove lien marking immediately

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has urged the State Bank of Pakistan to immediately discontinue the 3...

Published 09 May, 2023 05:37am

Editorials

Banks, not savers, get paydays from deposits?

EDITORIAL: In a rising interest rate environment, some commercial banks have been trying to forcefully convert the...

Published 08 May, 2023 06:40am

Business & Finance

Deadline for prize bonds encashment extended

KARACHI: The federal government has announced to extend the last date for encashment of withdrawn prize bonds....

Published 18 Apr, 2023 06:21am

Pakistan

Banking customers cautioned against fraudsters

KARACHI: The Banking Mohtasib Pakistan, Muhammad Kamran Shehzad has cautioned the banking customers to be aware of...

Published 15 Apr, 2023 06:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	278.73
USD PKR Interbank Buying / Jun 13	278.53
USD to Japanese Yen / Jun 14	157.07
USD to Swiss Franc / Jun 14	0.89
Pound Sterling to USD / Jun 14	1.28
Euro to USD / Jun 14	1.07

Stock	Volume
S&P 500 / Jun 14	5433.74
India Sensex / Jun 14	76810.90
Tokyo Nikkei / Jun 14	38709.02
Nasdaq / Jun 14	17667.56
Hang Seng / Jun 14	18023.85
FTSE 100 / Jun 14	8163.67
Dow Jones / Jun 14	38647.10
Germany DAX 30 / Jun 14	18265.68

Item	Value
Petrol/Litre / Jun 14	268.36
Crude Oil USD/Barrel / Jun 14	78.18
Karachi Cotton PKR/37.32 KG / Jun 14	19935
Gold 10 Grams PKR / Jun 14	206361
Gold Spot USD/Ounce / Jun 14	2308.42
Diesel/Litre / Jun 14	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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