Tag: pakistan banking sector

The State Bank of Pakistan (SBP) has given a license to Wemsol Private Limited to commence commercial operations as an ...

Allied Bank (ABL) posted a profit-after-tax of Rs44.4 billion ($159.4 million) in 2024, a growth of over 7% more than ...

KARACHI: Minister for Finance and Revenue Muhammad Aurangzeb said on Thursday that Pakistan’s economy is moving towards sustainable economic growth, ...

The banking sector’s gross Advance-to-Deposit Ratio (ADR) maintained its upward trajectory, hitting nearly 48% as of November 29, 2024. The ...

The State Bank of Pakistan (SBP) is seen further reducing the key policy rate by at least 200 basis points ...

Bank Alfalah Limited (BAFL), one of Pakistan’s largest commercial banks, has withdrawn its public announcement of intention (PAI) to acquire ...

Saudi National Bank (SNB) has terminated the process for the sale of its equity stake in Samba Pakistan. The development ...

The State Bank of Pakistan (SBP) has given its final approval to TPL Corp Limited (TPL), a Pakistani financial platform, ...

National Bank of Pakistan (NBP), one of the country’s largest commercial banks, registered a massive consolidated loss to the tune ...

Faysal Bank declared a consolidated profit after tax of Rs6.95 billion for the quarter ended June 30, 2024, nearly 60% ...