China’s ICBC warns of precious metal volatility, urges investor caution Published 01 Feb, 2026 10:44am Investors are advised to assess their risk tolerance and avoid impulsive trading
Zong partners with ICBC for Pakistan Operations Published 28 Oct, 2025 06:27am ISLAMABAD: Zong has entered into a landmark strategic partnership with the Industrial and Commercial Bank of China...
Aurangzeb advances Pakistan-China financial cooperation Updated 02 Sep, 2025 08:47am BEIJING: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held important meetings Monday in...
Aurangzeb pushes deeper China financial cooperation in Beijing talks Published 01 Sep, 2025 07:05pm Finance Minister Senator Muhammad Aurangzeb on Monday held high-level meetings in Beijing with top Chinese financial...
China’s central bank, regulators hold symposium on support for private companies Published 02 Mar, 2025 01:38pm BEIJING: China’s central bank and financial regulators held a symposium with private enterprises and financial...
$500m ICBC loan FD’s date error corrected by Cabinet Published 19 Nov, 2024 06:34am ISLAMABAD: The Federal Cabinet has corrected an error made by the Finance Division regarding the date of the $500...
Pakistan, Eurasia and Central Asia: TDAP organises awareness session on banking channels for exporters Published 25 Jan, 2024 04:23am KARACHI: Trade Development Authority of Pakistan (TDAP) successfully organised an insightful Awareness Session for...
Trade settlement in Chinese RMB soars 600pc Updated 20 Jan, 2024 05:29pm ISLAMABAD: Pakistan’s trade settlement in Chinese RMB has increased by 600 percent, ie, from 2 percent in 2018 to...
Thar coal-fired power project: PPIB announces financial close Updated 14 Dec, 2023 09:35am ISLAMABAD: The Private Power and Infrastructure Board (PPIB) on Wednesday announced financial closing of the...
China’s biggest lender ICBC hit by ransomware attack Published 11 Nov, 2023 06:30am WASHINGTON: The Industrial and Commercial Bank of China’s (ICBC) US arm was hit by a ransomware attack that...
Dollar steady against euro, yen weakens Published 11 Nov, 2023 06:30am NEW YORK: The dollar held steady against the euro on Friday after Federal Reserve Chair Jerome Powell indicated that...
ICBC Karachi hosts ‘RMB Clearing Bank Grand Opening Ceremony’ in Islamabad Published 30 Oct, 2023 05:24am ISLAMABAD: The Industrial and Commercial Bank of China (ICBC) Karachi Branch proudly hosted the “RMB Clearing Bank...
Use of RMB: Regulatory framework put in place: minister Updated 28 Oct, 2023 04:31pm ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar Friday said the State Bank of Pakistan has already put in...
Growing significance of RMB highlighted Updated 30 Aug, 2023 09:07am KARACHI: Speakers, at a seminar titled “RMB Prospects & Applications” hosted by the Industrial and Commercial...
Dar lauds support as Bank of China’s second branch opens in Islamabad Updated 31 Jul, 2023 05:34pm Finance Minister Ishaq Dar on Monday lauded the role of China’s banking sector and its institutions for supporting...
1,320MW Shanghai Thar Coal Block-1: Financial closure in peril as ICBC decides to withdraw $300m financing Updated 07 Jul, 2023 08:58am ISLAMABAD: The financial closure of 1,320 MW Shanghai Thar Coal Block-1 is reportedly in trouble as Industrial and...
Pakistan to receive $300mn from ICBC today: Dar Updated 14 Apr, 2023 06:30pm This will bring total funds received from ICBC to $1.3 billion
China’s biggest bank ICBC posts 1.9% fall in Q4 profit Published 30 Mar, 2023 04:40pm BEIJING: Industrial and Commercial Bank of China (ICBC), the world’s largest-listed lender by assets, reported a...
Pakistan receives $500m from China’s ICBC bank Published 18 Mar, 2023 06:14am KARACHI: Pakistan has received a loan tranche from China of $500 million that will help the country shore up its...
Back-to-back gains: rupee settles at 281.71 against US dollar Updated 17 Mar, 2023 07:22pm Currency appreciates 0.25% in inter-bank market
Documentation for ICBC-backed $500m disbursement complete: Dar Published 17 Mar, 2023 06:15am ISLAMABAD: Finance Minister Ishaq Dar has stated that documentation for second disbursement of US 500 million ...
Documentation for ICBC’s second $500mn disbursement complete: Dar Updated 16 Mar, 2023 05:23pm Earlier this month, Pakistan’s central bank received $500 million from China’s ICBC, the first of three disbursements that were approved for rollover
Pakistan's ex finance chief Miftah warns against any kind of debt restructuring Updated 16 Mar, 2023 09:46am Difficult task to get China and the West to sit on one table for such an endeavour, he says
Forex reserves up $487m on Chinese inflows Published 10 Mar, 2023 03:46am KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) further rose by $487 million during...
On back of another Chinese loan, SBP-held forex reserves increase $487mn, now stand at $4.3bn Updated 09 Mar, 2023 09:33pm This is the fourth successive increase in central bank-held reserves on weekly basis
Marginal gain: rupee settles at 277.87 against US dollar Updated 07 Mar, 2023 09:23pm Currency records appreciation of 0.02% in inter-bank market
Pakistan receives $500m financing from Chinese bank Published 05 Mar, 2023 03:36am ISLAMABAD: Pakistan has received $500 million from the Industrial and Commercial Bank of China Ltd (ICBC), Federal...
SBP receives $500mn from ICBC: Ishaq Dar Updated 04 Mar, 2023 01:36pm Finance minister had earlier said that ICBC has rolled over $1.3bn-facility, reiterated that Pakistan will not default
‘Gwadar plants on Thar coal’: Two Chinese loans to be confirmed soon Updated 19 Jan, 2023 08:39am ISLAMABAD: China has reaffirmed strong resolve to extend financial support to Pakistan including early confirmation...
Banks divert gold supply from India to China, Turkey Updated 05 Oct, 2022 09:50am MUMBAI: Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on...