Friday, August 19, 2022
Tags Banking

Tag: Banking

Standard Chartered recovers profit, resumes dividends and buybacks

Standard Chartered posted a higher than expected 57 per cent jump in first-half pretax profit and announced a $250 million share buyback. The bank...

Foreign reserves increase by $4,694m

On July 16, 2021, Pakistan's total liquid foreign reserves stood at $25,128.0 million.  As per the report, A sum of $18,050.7 million of foreign reserves...

SBP further enhances consumer grievance handling mechanism at banks

ISLAMABAD: State Bank of Pakistan (SBP) is in continuous pursuit of strengthening the industry's consumer protection regime and market conduct. Amongst other efforts, SBP...

SBP introduces convertible debt to raise foreign investment

KARACHI: In order to facilitate the startup companies in raising financing from abroad, the State Bank of Pakistan has allowed them to avail loans...

Special ATM Monitoring during Ramzan and Eid-ul-Fitr bears substantial results

KARACHI: State Bank of Pakistan (SBP), in collaboration with commercial banks, has been taking a number of steps in order to ensure maximum availability...

HBL declares Profit-Before-Tax of Rs14.5bn

KARACHI: Habib Bank Limited (HBL) Tuesday declared a consolidated profit before tax of Rs14.5 billion for the quarter ended March 31, 2021, more than...

SECP amends Murabaha share financing regulations

ISLAMABAD: In an endeavour to promote Islamic finance products in the capital market, the Securities and Exchange Commission of Pakistan (SECP) has introduced amendments...

Leading banks connect to SECP’s portal for real-time access to statutory records

ISLAMABAD: In pursuit of its agenda to promote ease of doing business and digitalization, the Securities and Exchange Commission of Pakistan (SECP), in coordination...

Beware of Investing in Fraudulent Schemes: SECP

ISLAMABAD: The Securities and Exchange Commission (SECP), to promote the protection of investors and the public interest, regularly issues warnings and alerts, guiding the...

SBP promotes digital portals to facilitate the business community

The State Bank of Pakistan (SBP) has advised all banks to implement digital portals for end-to-end digitalization of case submission and processing in order...

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