SBP cancels license of multiple exchanges Published 24 Mar, 2026 03:56pm The State Bank of Pakistan (SBP) canceled on Tuesday the authorization/licenses of two exchange companies. In a...
SBP suspends authorization of EC Published 16 Nov, 2024 06:04am KARACHI: SBP has suspended the authorization of Exchange Company namely M/s Islamabad Exchange Co. (Pvt) Ltd. with...
Q1CY24: SBP imposes Rs775.542m penalties on banks, FIs Published 18 Apr, 2024 03:24am KARACHI: The State Bank of Pakistan (SBP) has imposed Rs 775.542 million penalties on banks and financial...
MCB Bank gets SBP’s green signal to commence Exchange Company operations Updated 27 Mar, 2024 08:43pm MCB Bank Limited, one of the largest commercial banks in the country, has received approval of the State Bank of...
Exchange company setup: SBP conveys ‘no objection’ to BOP Published 23 Mar, 2024 05:41am KARACHI: The State Bank of Pakistan (SBP) has conveyed its “No Objection” to The Bank of Punjab for establishing...
Operational licence granted to AL Habib Exchange Published 23 Mar, 2024 05:41am KARACHI: The State Bank of Pakistan (SBP) has issued licence for commencement of operations to AL Habib Exchange...
Bank AL Habib, Allied Bank receive central bank’s nod to commence Exchange Company operations Updated 22 Mar, 2024 10:29pm The State Bank of Pakistan (SBP) has given its green signal to Bank AL Habib Limited (BAHL) and Allied Bank Limited...
SBP cancels EC’s licence Published 13 Feb, 2024 05:59am KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s PBS Exchange Company (Pvt)...
SECP gives go-ahead to Faysal Bank’s wholly-owned EC Published 17 Jan, 2024 04:58pm The Securities and Exchange Commission of Pakistan (SECP) has issued the Certificate of Incorporation to Faysal...
BoK to launch wholly-owned exchange company Published 06 Nov, 2023 05:27am ISLAMABAD: Bank of Khyber (BoK) announced its intention to set up a wholly-owned exchange company. This strategic...
Bank of Khyber says will establish wholly-owned EC Published 03 Nov, 2023 04:31pm The Board of Directors of Bank of Khyber (BoK) announced on Friday that it will establish an Exchange Company (EC)...
Exchange companies: SBP gives NOC to Faysal Bank Limited Published 01 Nov, 2023 11:49am The State Bank of Pakistan (SBP) has issued a no-objection certificate (NOC) to Faysal Bank Limited, one of the...
Board allows BOP to set up forex co Published 31 Oct, 2023 05:26am KARACHI: The Board of Directors of the Bank of Punjab has approved the establishment of an Exchange Company with an...
Habib Metropolitan Bank says it will establish wholly-owned EC Published 10 Oct, 2023 05:44pm The Board of Directors of Habib Metropolitan Bank (HMB), a subsidiary of Habib Bank AG Zurich – Switzerland,...
Bank Alfalah board approves setting up of EC Published 04 Oct, 2023 06:20am KARACHI: The Board of Directors of Bank Alfalah Limited, in its meeting held in Abu Dhabi, UAE on Tuesday approved...
Bank Alfalah to establish wholly-owned EC Updated 03 Oct, 2023 10:44pm Becomes sixth commercial bank to make such announcement to date
Faysal Bank to set up ‘wholly-owned’ Exchange Company Updated 28 Sep, 2023 09:33pm Becomes 5th commercial bank to make such announcement this month
BAHL to establish Exchange Co Published 23 Sep, 2023 05:58am KARACHI: The Board of Directors of Bank Al Habib Limited has approved the establishment of an Exchange Company with...
MCB Bank joins UBL and Meezan, says it will establish wholly-owned Exchange Company Updated 18 Sep, 2023 07:49pm The Board of Directors (BoD) of MCB Bank Limited, one of the largest commercial banks in the country, announced it...
SBP suspends EC’s authorization Published 16 Sep, 2023 03:03am KARACHI: The State Bank of Pakistan (SBP) has suspended, with immediate effect, the authorization of an Exchange...
EC also to be set up: UBL board approves divestment of stake in UNBL UK Published 13 Sep, 2023 06:17am KARACHI: The board of directors of United Bank Limited (UBL), in its meeting held on September 11, 2023 made...
UBL says will establish wholly-owned Exchange Company Updated 12 Sep, 2023 03:29pm The Board of Directors (BoD) of United Bank Limited (UBL), one of the largest commercial banks in the country, has...
SBP suspends authorisation of exchange firm Updated 09 Sep, 2023 01:22pm KARACHI: The State Bank of Pakistan (SBP) has suspended the authorisation of an Exchange Company of ‘B’...
Rules violation: SBP cancel EC’s licence Published 04 May, 2023 04:26am KARACHI: The State Bank or Pakistan (SBP) has announced cancellation of the licence issued to M/s Mega Currency...
SBP suspends authorisation of 2 currency exchange companies over 'serious violations' Published 18 Nov, 2022 05:05pm Central bank advises both firms to strengthen internal control functions, submit report of corrective measures
Unauthorised foreign exchange activities: SBP introduces ‘Whistle Blowing Forum’ Published 12 Nov, 2022 05:55am KARACHI: The State Bank of Pakistan (SBP) on Friday introduced Whistle Blowing Forum for identification of...
SBP suspends authorization of ‘B’ Category EC Published 28 Oct, 2022 06:54am KARACHI: The State Bank of Pakistan (SBP) has suspended, with immediate effect, the authorization of an ‘B’...