Trends - LOANS - Business Recorder

LOANS

$7.407bn borrowed from multiple financing sources in 8 months

ISLAMABAD: The government has borrowed $7.407 billion from multiple financing sources, including $900 million from...

Updated 21 Mar, 2023 09:00am

Business & Finance

FPCCI flays govt for failing to secure concessional loans

KARACHI: Irfan Iqbal Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has...

Published 19 Mar, 2023 03:33am

Jul-Jan: $6.134bn borrowed from multiple sources

ISLAMABAD: The government has borrowed $6.134 billion from multiple financing sources including $1.166 billion from...

Updated 03 Mar, 2023 08:52am

Opinion

The 80/20 rule for maximising foreign exchange earnings

Pakistan’s economy has been facing a number of challenges in recent years, including low growth, high inflation,...

Published 06 Feb, 2023 06:20am

Opinion

Counting the ways to borrow

Pakistan’s policy thrust today to get out of the ongoing very serious economic/financial imbroglio is, heads: seek...

Published 23 Jan, 2023 05:57am

World Bank rejects media reports

ISLAMABAD: The World Bank (WB) has stated that the media reports claiming that it has delayed the release of loans ...

Updated 20 Jan, 2023 08:49am

Business & Finance

World Bank Pakistan chief refutes reports indicating delay in loans' approval

Says lender decides on timing for sharing project proposals following due process

Updated 19 Jan, 2023 09:01pm

Business & Finance

UAE has rolled over $2bn loan: SBP governor

KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad on Wednesday said that the UAE has rolled over $2...

Updated 19 Jan, 2023 07:41am

World Bank delays approval of $1.1bn loans for Pakistan

ISLAMABAD: The World Bank has delayed the approval of two loans for Pakistan worth $1.1 billion until the next...

Updated 19 Jan, 2023 12:24pm

Business & Finance

Pasha warns of stagflation this year

LAHORE: Noted economist and former finance minister Dr Hafiz Pasha has warned that Pakistan inflation can skyrocket...

Published 18 Jan, 2023 06:22am

Business & Finance

Agreement signed: France to provide €120m soft loan for Keyal Khuwar hydropower project

ISLAMABAD: France will provide soft loan of € 120 million for Keyal Khuwar 128 MW Hydropower project. Dr Kazim...

Published 17 Jan, 2023 06:52am

Business & Finance

Japan extends loan to Punjab power sector project

ISLAMABAD: The Japanese government extended the project loan effective period up to 31 December 2024 of ongoing loan...

Published 17 Jan, 2023 06:02am

Markets

NTDC signs €43.76m loan for construction of Chakwal Grid Station

LAHORE: The National Transmission & Despatch Company (NTDC) has inked a 43.76 million Euro loan agreement with...

Published 17 Dec, 2022 07:07am

Business & Finance

Credit Agricole stops loans for new oilfields, plans emission cuts

PARIS: France’s biggest retail lender Credit Agricole said on Tuesday it will stop financing new oil extraction...

Published 12 Dec, 2022 06:07am

Business & Finance

Government borrows $4.25bn during Jul-Oct period

This is higher when compared to $3.898 billion borrowed during the same period of last fiscal year

Updated 19 Nov, 2022 11:42pm

Business & Finance

External debt keeps piling up every year: analyst

KARACHI: In Pakistan the quantum of loan is increasing every year as the government secures new loans for the...

Published 20 Sep, 2022 07:22am

Business & Finance

In UAE, startups, SMEs can get AED5m loans approved in 5 days via Emirates Development Bank

The idea is to enhance access to finance for SMEs and further simplify the ease of doing business in the country

Published 30 Aug, 2022 05:16pm

Pakistan

Pakistan is absolutely going to make each and every payment: Miftah Ismail

Finance minister says everything is 'settled now', a statement that comes in backdrop of massive rupee depreciation and concerns over Pakistan's falling foreign exchange reserves

Updated 01 Aug, 2022 07:32pm

Business & Finance

G-20 DSSI: Pakistan signs debt suspension agreements worth $197mn

Total amount of debt suspended and rescheduled under the DSSI framework stands at $3.68bn

Published 15 Jun, 2022 06:05pm

Business & Finance

Govt to prioritise agriculture and exports in upcoming budget: Miftah

Will impose more taxes on the wealthy but no taxes will be levied on the salaried class, says finance minister

Updated 06 Jun, 2022 06:29pm

Setting up of MEU for Kamyab Pakistan Programme: Finance Division invites RfPs for hiring of firm

ISLAMABAD: The Finance Division has invited request for proposals for hiring of competent firm for setting up...

Updated 25 Mar, 2022 11:32am

Mera Pakistan Mera Ghar Mela: Rs7.4bn loans: banks grant ‘spot conditional approvals’

KARACHI: Banks granted on-spot conditional approvals of Rs7.4 billion house financing loans in the first Mera...

Updated 22 Mar, 2022 09:53am

Business & Finance

Pakistan inks $1.5bn loan agreements with ADB

The projects signed today mark ADB’s strong commitment for Pakistan’s post-pandemic recovery and sustainable development, says Yong Ye, ADB’s Country Director for Pakistan

Updated 22 Dec, 2021 06:54pm

Business & Finance

Bank of America profit beats on strength across businesses

NEW YORK: Bank of America Corp beat estimates for third-quarter profit on Thursday, boosted by strong growth across...

Published 18 Oct, 2021 04:42am

World

Indian bankers in talks as court rulings threaten over $6bn in loans

MUMBAI: Informal talks are taking place to deal with the fall-out from two rulings by India's Supreme Court that...

Published 09 Aug, 2021 05:05am

Pakistan

Govt launches portal for Kamyab Jawan Programme

Loans provided under the programme have created over 28,000 new jobs, says Special Assistant to Prime Minister on Youth Affairs Usman Dar

Updated 06 Aug, 2021 09:13pm

Pakistan

Housing loans: PM launches mobile unit for collection of applications

ISLAMABAD: To facilitate the general public in benefiting from the government’s low-cost housing scheme, Prime...

Published 08 Jun, 2021 04:09am

Pakistan

Usman Dar congrats NBP on disbursement of 5,000 soft loans

Usman Dar said the government was planning to add another tier of Rs 100,000 to Rs 500,000 as most of the applications were received for this type of loans under the YES.

Published 01 Jun, 2021 06:09pm

Business & Finance

Kamyab Jawan Program: Tarin directs banks to facilitate tier 1 borrowers

The Finance Minister directed that all the major banks and microfinance institutions come up with their suggestions on the design of the program within a week’s time and also earmark a percentage of their resources for the purpose.

Published 29 May, 2021 11:38am

Pakistan

Soft loans to be disbursed among Balochistan youth on Wednesday

Usman Dar said loans amounting to Rs8 billion had been disbursed among 10,000 youth under Kamyab Jawan Programme.

Published 27 Apr, 2021 07:15pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▼ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▼ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▲ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▲ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	4,011,170 ▲ 0.00
Telecard Limited / Mar 26 Telecard Limited(TELE)	3,877,000 ▲ 0.00
TPL Properties / Mar 26 TPL Properties Limited(TPLP)	1,839,174 ▲ 0.00
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	1,788,500 ▲ 0.00
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	1,517,500 ▲ 0.00
Ghani Glo Hol / Mar 26 Ghani Global Holdings Limited(GGL)	1,464,753 ▲ 0.00
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	1,323,297 ▲ 0.00
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	1,307,610 ▲ 0.00
Fauji Foods Ltd / Mar 26 Fauji Foods Limited(FFL)	1,204,138 ▲ 0.00
Hascol Petrol / Mar 26 Hascol Petroleum Limited(HASCOL)	1,161,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.73
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.22
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 24	3970.99
India Sensex / Mar 24	57527.10
Tokyo Nikkei / Mar 24	27385.25
Nasdaq / Mar 24	11823.96
Hang Seng / Mar 24	19915.68
FTSE 100 / Mar 24	7405.45
Dow Jones / Mar 24	32237.53
Germany DAX 30 / Mar 24	14957.23
France CAC40 / Mar 24	7015.10

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.26
Gold Spot USD/Ounce / Mar 24	1978.21
Cotton US¢/pound / Mar 24	76.54

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