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digital banking

HSBC apologises as thousands of UK customers locked out of digital banking

LONDON: Thousands of HSBC customers in Britain on Friday reported they were unable to access some mobile and online...

Published 27 Nov, 2023 06:13am

Business & Finance

HBL Mobile becomes Pakistan’s first mobile banking app for visually impaired individuals

KARACHI: HBL has launched a new accessibility feature on its digital banking app, HBL Mobile. This feature will...

Published 12 Oct, 2023 05:57am

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

Raast platform: SBP set to launch ‘P2M’ payment system

KARACHI: The State Bank of Pakistan (SBP) is all set to launch the person-to-merchant (P2M) online payment system on...

Updated 27 Sep, 2023 10:40am

Business & Finance

Digital banking services: KT Bank receives SBP approval

LAHORE: KT Bank, an under formation digital bank has received in-principle approval from the State Bank of Pakistan...

Published 27 Sep, 2023 06:08am

Business & Finance

Allied Bank partners with Synapsify & Fasset for Web 3.0 initiative

KARACHI: To remain at the forefront of innovation and uphold our commitment to providing the best digital banking...

Published 25 Sep, 2023 07:15am

Technology

ABL partners with Synapsify & Fasset for Web 3.0 initiative

LAHORE: To remain at the forefront of innovation and uphold our commitment to providing the best digital banking...

Published 22 Sep, 2023 03:33am

Pakistan

SBP awards in-principle approval to 5 digital retail banks

These include HugoBank Limited, KT Bank Pakistan Limited, Mashreq Bank Pakistan Limited, Raqami Islamic Digital Bank Limited and Telenor Microfinance Bank Limited

Updated 20 Sep, 2023 06:40pm

BR Research

Banks’ entry into retail forex: need of the hour

Earlier this week, banks presidents had a meeting with finance minister, governor SBP, and a senior officer of an...

Updated 20 Sep, 2023 10:27am

Business & Finance

Expansion strategy: JS Bank plans to add 11 more branches to its network

KARACHI: Under the branch expansion strategy, JS Bank has planned to add 11 more branches to its network this year...

Published 20 Sep, 2023 06:28am

Technology

OPay International confident it has muscle to tap Pakistan’s market

Statement comes after company got SBP approval to fully acquire a commercially active Electronic Money Institution (EMI) licenced company

Published 14 Sep, 2023 06:19pm

Business & Finance

StanChart launches comprehensive ‘Digital Banking Solution’

KARACHI: Standard Chartered Bank Pakistan on Wednesday announced to strengthen its Digital Banking Solution by...

Published 31 Aug, 2023 06:00am

Business & Finance

BankIslami wins Best Bio Technology Award

KARACHI: BankIslami has been recognized with the prestigious Best Bio Technology Award for its innovative One Touch...

Published 04 Jul, 2023 05:07am

Business & Finance

NBP customers adopting digital banking successfully

KARACHI: The National Bank of Pakistan has unequivocally recognized and commended the ground-breaking ...

Published 28 May, 2023 03:34am

Business & Finance

NBP commends accomplishments of its ‘Digital Champion’ campaign

KARACHI: The National Bank of Pakistan has unequivocally recognized and commended the ground-breaking ...

Published 27 May, 2023 06:09am

Business & Finance

Digital banking frauds: SBP rolls out new set of guidelines for banks, MFBs

KARACHI: The State Bank of Pakistan (SBP) has announced enhancement in control measure requirements to protect...

Published 19 May, 2023 06:17am

Business & Finance

UBL goes live on Temenos to power digital corporate lending

KARACHI: United Bank Limited (UBL), one of the largest banks in Pakistan with 11 million customers, has gone live...

Published 12 May, 2023 05:59am

Business & Finance

Banks told to set up digital fraud risk management units

KARACHI: The State Bank of Pakistan (SBP) announcing the measures to enhance security of digital banking services ...

Published 15 Apr, 2023 06:19am

Business & Finance

HBL announces profit before tax of Rs77bn in 2022, up 24% YoY

Bank declares final dividend of Rs1.50 per share, taking total payout for 2022 to Rs6.75

Published 24 Feb, 2023 04:02pm

Business & Finance

UBL delivers resilient performance in 2022

KARACHI: UBL delivered yet another solid performance generating a Profit Before Tax (PBT) of Rs68.3 billion for the...

Published 24 Feb, 2023 06:00am

Business & Finance

MCB Bank, Telenor ink agreement

LAHORE: MCB Bank Limited, one of Pakistan’s leading banks, has entered into a strategic partnership with Telenor...

Published 27 Jan, 2023 06:15am

Digital Banks: SBP issues NOCs to five applicants

KARACHI: The State Bank of Pakistan (SBP) has issued no objection certificates to five applicants for establishing...

Updated 14 Jan, 2023 08:40am

Business & Finance

SBP issues NOCs to five applicants for establishing digital bank

Central bank expects after commencement of operations, digital banks will promote financial inclusion by providing affordable/cost effective digital financial services to unserved and underserved segments

Updated 13 Jan, 2023 09:47pm

Business & Finance

Bank Alfalah launches QR payment solution with SnapRetail

KARACHI: Bank Alfalah, continuing its rich legacy of being the industry leader in digitizing the retail landscape of...

Published 12 Jan, 2023 05:51am

Business & Finance

MCB Bank teams up with Bookme.pk for e-ticketing services

LAHORE: The MCB Bank Limited, one of Pakistan’s leading Banks, has entered into an agreement with Bookme.pk, the...

Published 08 Dec, 2022 05:58am

BR Research

Race to digital banking – final round

The issuance of the digital banking licenses is in its final round. There are four stages in the process; three of...

Updated 23 Nov, 2022 03:58pm

Opinion

Digital risk taxonomy and customer protection

Rapid technical breakthroughs have astounded the world during the last several decades. It has influenced and left ...

Published 20 Nov, 2022 04:16am

Opinion

Goldman Sachs’ consumer pivot solves one question, but makeover raises more

Goldman Sachs Group Inc’s strategy pivot has solved one problem for investors who didn’t love its foray into...

Published 20 Oct, 2022 05:36am

Business & Finance

11th ‘Bank of the Future Forum 2022’ held

KARACHI: NdcTech, a leading IT & consulting firm providing transformational services for the banking sector...

Published 15 Oct, 2022 05:38am

Business & Finance

BNY Mellon to offer crypto services

Bank of New York Mellon Corp is adding cryptocurrencies to assets that it holds as a custody manager, as it looks to...

Published 11 Oct, 2022 07:32pm

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Nov 30 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Nov 30 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Nov 30 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Nov 30 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Nov 30 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Nov 30 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Nov 30 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Nov 30 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Nov 30 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Nov 30 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Nov 30 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Nov 30 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Nov 30 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Nov 30 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Nov 30 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Nov 30 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Nov 30 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Nov 30 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Nov 30 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Nov 30 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Nov 30 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Nov 30 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Nov 30 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	147.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.27
Euro to USD / Nov 30	1.10
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
Nasdaq / Nov 29	14258.49
Dow Jones / Nov 29	35430.42
India Sensex / Nov 30	66809.11
Tokyo Nikkei / Nov 30	33486.89
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7437.50
Germany DAX 30 / Nov 30	16203.24
France CAC40 / Nov 30	7279.08

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Crude Oil USD/Barrel / Nov 30	78.06
Gold Spot USD/Ounce / Nov 30	2044.28
Cotton US¢/pound / Nov 30	79.69

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