KSE-100 Hits Historic Milestone, Surpasses 70,000 Points
Karachi: The Pakistan Stock Exchange (PSX) witnessed a remarkable surge on Tuesday as its benchmark KSE-100 Index soared to unprecedented heights, crossing the historic 70,000-point...
banking sector
Afghan bankers discuss Islamic Banking products at Meezan Bank
by TNT Desk
Karachi: A 16-member delegation of Afghanistan International Bank along with State Bank of Pakistan officials visited Meezan Bank’s Head Office to gain in-depth understanding of...
EOBI disburses Rs831 million among pensioners in April 2012
Karachi: Employees’ Old-Age Benefits Institution (EOBI) disbursed a total amount of Rs 831 million among its beneficiaries in April through bank branches and branchless banking...
Nation’s Pride: NBP leads in agriculture financing
Karachi: National Bank of Pakistan (NBP) is leading in agriculture financing among other banks and financial institutions in the country by lending Rs 33.013 billion...
Banking sector spreads reach at 2-year low
by Yasir Ameen
Karachi: The banking sector spreads have registered at 7.37 percent in January 2012, down 21bpsMoM/23bpsYoY due to a decline in lending yields and constant deposit...
Banking sector credit to private sector up 46.8% in 7MFY12
Karachi: Banking sector credit to private sector have shown improvement, as different commercial banks issued loans of Rs 252.456 billion to businessmen and industrialists as...