Trends - Loan - Business Recorder

Loan

Pakistan signs $240mn loan agreement with Saudi Fund for Development for KP dam

Mohmand Multipurpose Dam Project will enhance water and food security, and improve the standard of living for people living in the Khyber Pakhtunkhwa province: SFD

Updated 07 Apr, 2023 05:56pm

Pakistan

$200m World Bank loan: Govt seeks restructuring of Punjab project

ISLAMABAD: The government has requested the World Bank to restructure the Punjab Cities Programme (PCP) worth $200...

Published 25 Jan, 2023 06:25am

PM acquiesces to IMF demands to unlock loan?

ISLAMABAD: Prime Minister Shehbaz Sharif Tuesday said the International Monetary Fund (IMF) has been given a clear...

Updated 25 Jan, 2023 08:50am

Business & Finance

Has Saudi Arabia linked lending to reforms?

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and...

Published 21 Jan, 2023 06:15am

UAE to loan $1bn, roll over another $2bn

ABU DHABI: The United Arab Emirates agreed on Thursday to lend $1 billion to Pakistan and roll over an existing $2...

Updated 13 Jan, 2023 08:48am

Pakistan

Forex boost: SBP receives $1.5bn from ADB, says Dar

Funds part of ADB's response package to support Pakistan in the wake of recent floods

Updated 26 Oct, 2022 08:55pm

Business & Finance

Report on Pakistan: Moody’s lists key driving forces behind IBI’s growth

ISLAMABAD: Pakistan’s Islamic Banking Industry is growing rapidly with a combination of a predominantly Muslim...

Published 25 May, 2022 04:40am

Markets

150 bps: roughly Rs1,250 added to monthly installments on just a Rs1m loan

The State Bank of Pakistan hiked on Monday the key interest rate by 150 basis points (bps), taking it to 13.75%. ...

Published 23 May, 2022 07:57pm

Business & Finance

Farmers hit by Covid-19 pandemic: ADB and LDC sign up to $100m loan

ISLAMABAD: The Asian Development Bank (ADB) and Louis Dreyfus Company BV (LDC) signed a loan of up to $100 million ...

Published 08 Apr, 2022 05:28am

Markets

ADB approves $300mn loan for Pakistan’s capital market development

Says country's equity markets lack depth in terms of the number of investors that access it and the number of companies raising capital, while Pakistan’s bond market is almost completely dominated by government borrowing

Updated 22 Mar, 2022 06:18pm

Pakistan

World Bank approves $435mn for Pakistan’s housing projects

Financing will expand access to housing finance particularly for low-income households, improve land tenure rights and facilitate affordable housing developments in urban Punjab

Updated 11 Mar, 2022 05:51pm

World

Sri Lanka gets urgent $500m Indian loan to pay for oil

COLOMBO: Sri Lanka was handed temporary relief from energy shortages and rolling blackouts on Wednesday with a $500...

Published 03 Feb, 2022 04:02am

Pakistan

IMF board approves Pakistan's sixth review of Extended Fund Facility: Shaukat Tarin

Finance minister tweets development
Approval paves way for over $1-billion disbursement

Updated 02 Feb, 2022 11:16pm

Pakistan

Another date: IMF board to now meet on February 2 for Pakistan's sixth review

IMF website calendar had earlier shown discussion on January 28
However, delay in passage of the SBP (Amendment) Bill 2021 remains issue

Updated 26 Jan, 2022 09:50am

Sixth review of EFF: IMF Board to discuss loan matter on 28th

ISLAMABAD: The International Monetary Fund (IMF)’s Executive Board will take the sixth review of the $6 billion...

Updated 19 Jan, 2022 09:29am

Sri Lanka seeks new China loan

COLOMBO: Sri Lanka ruled out an IMF bailout on Wednesday and planned more loans, including from China, to address ...

Updated 13 Jan, 2022 09:28am

Business & Finance

ADB approves $200mn loan for Punjab’s irrigation system development

The scheme will provide irrigation water supply to 704,000 hectares of land in Bhakkar, Jhang, Khushab, Layyah, and Muzaffargarh districts

Published 13 Dec, 2021 12:46pm

Business & Finance

MPMG: Banks receive Rs245bn mortgage finance applications

Mera Pakistan Mera Ghar (MPMG) scheme by banks is getting traction, latest data by State Bank of Pakistan shows

Updated 11 Dec, 2021 03:39pm

Business & Finance

ADB approves $385mn financing for KPK's urban development project

Financing will help to construct two clean water supply treatment facilities, three sewerage treatment facilities, and will rehabilitate dysfunctional tube wells

Published 10 Dec, 2021 03:46pm

Business & Finance

PM Imran thanks Saudi Arabia after $3-billion financial assistance

Kingdom will also help in oil payments worth $1.2 billion throughout the year

Published 27 Oct, 2021 11:14am

Business & Finance

Negotiations underway with IMF, says finance ministry

Statement will be issued after talks are completed, says spokesperson

Published 23 Oct, 2021 01:42pm

Business & Finance

With high hope, Tarin leaves for US for IMF, World Bank annual meetings

Finance minister is expected to hold policy-level talks with the IMF during his visit

Published 12 Oct, 2021 02:05pm

Pakistan

ADB approves $235-million loan to upgrade section of Pakistan's national highway

Will expand the Shikarpur-Rajanpur section of N55 from two lanes to four-lane carriageway

Published 20 Aug, 2021 11:04am

Business & Finance

Pakistan set to receive $2.77 billion from IMF on Aug 23, says Tarin

Boost to foreign exchange reserves comes after IMF approved increased lending capacity earlier this month

Published 12 Aug, 2021 09:03pm

Sri Lanka gets $500m South Korean loan

COLOMBO: Sri Lanka said Monday it had secured a $500 million loan from South Korea, a month after a similar loan ...

Published 11 May, 2021 04:39am

Saudi Arabia to extend $500m long-term concessional loan

ISLAMABAD: Saudi Arabia is to extend long-term concessional loan of $ 500 million (Saudi Riyal, 1.875 billion) to...

Published 07 May, 2021 04:35am

Pakistan

ADB disbursed $1.78bn to Pakistan in 2020

The ADB provided significant and rapid support to Pakistan’s coronavirus disease (COVID-19) pandemic response.

Updated 04 May, 2021 05:03pm

UAE rolls over repayment of $2bn deposit

ISLAMABAD: The United Arab Emirates (UAE) has rolled over Pakistan’s repayment of $ 2 billion deposit by the Abu...

Published 21 Apr, 2021 03:21am

Business & Finance

UAE extends $ 2bn loan repayment period for Pakistan

“FM Qureshi lauded UAE’s consistent support to Pakistan and welcomed the announcement of rolling back payment of $2 billion, which symbolizes the depth and strength of bilateral ties,” said the Ministry of Foreign Affairs in a statement.

Published 20 Apr, 2021 11:24am

Business & Finance

Approached IMF due to weak economic conditions, says Baqir

He said SBP will implement those policies which benefit the economy of Pakistan.

Published 05 Apr, 2021 10:42am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 11 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
Pak Agro Pack. (GEM) / Dec 11 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.67 ▲ 1.00 (14.99%)
Dar-es-Salaam / Dec 11 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
First Elite Cap.Mod / Dec 11 First Elite Capital Modaraba(FECM)	5.51 ▲ 0.51 (10.20%)
Aisha Steel(ConPS) / Dec 11 Aisha Steel(ConPS)(ASLPS)	8.99 ▲ 0.79 (9.63%)
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	4.59 ▲ 0.40 (9.55%)
Bilal Fibres / Dec 11 Bilal Fibres Limited(BILF)	3.21 ▲ 0.26 (8.81%)
Yousuf Weaving / Dec 11 Yousaf Weaving Mills Limited(YOUW)	4.16 ▲ 0.31 (8.05%)
Colony Tex.Mills Ltd / Dec 11 Colony Textile Mills Limited(CTM)	3.48 ▲ 0.25 (7.74%)
Hira Textile / Dec 11 Hira Textile Mills Limited(HIRAT)	2.27 ▲ 0.16 (7.58%)

Stock	Price
Habib Ins. / Dec 11 Habib Insurance Company Limited(HICL)	5.54 ▼ -0.89 (-13.84%)
Redco Textile / Dec 11 Redco Textiles Limited(REDCO)	6 ▼ -0.80 (-11.76%)
Unicap Modaraba / Dec 11 Unicap Modaraba(UCAPM)	1.71 ▼ -0.15 (-8.06%)
Masood Textile / Dec 11 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)
786 Invest Ltd / Dec 11 786 Investments Limited(786)	5.35 ▼ -0.39 (-6.79%)
Rafhan Maize / Dec 11 Rafhan Maize Products Company Limited(RMPL)	10555 ▼ -735.00 (-6.51%)
Pak Refinery / Dec 11 Pakistan Refinery Limited(PRL)	29.86 ▼ -1.94 (-6.10%)
JS Bank Ltd / Dec 11 JS Bank Limited(JSBL)	9 ▼ -0.58 (-6.05%)
HBL Invest Fund / Dec 11 HBL Investment Fund(HIFA)	3.82 ▼ -0.24 (-5.91%)
First IBL Mod. / Dec 11 First IBL Modaraba(FIBLM)	3 ▼ -0.17 (-5.36%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.10
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.04
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.25
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.40
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▼ -0.10
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.20
B.O.Punjab / Dec 11 The Bank of Punjab(BOP)	32,876,325 ▼ -0.02
Pak Elektron / Dec 11 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.68
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.03
Pak Int.Bulk / Dec 11 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32769.15
Hang Seng / Dec 11	16020.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

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