Saturday, December 10, 2022
Tags Finance

Tag: Finance

Finance bill introduces new clauses to Customs Act

ISLAMABAD: Amendments to the Customs Act have been introduced for the next financial year to act against the theft of imported goods. As part...

SBP and JazzCash join hands to increase financial literacy among youth

KARACHI: National Institute of Banking and Finance (NIBAF) — a subsidiary of the State Bank of Pakistan (SBP) — and JazzCash have signed a...

FBR chairman constitutes anomaly committees for finance bill 2021

ISLAMABAD: Federal Board of Revenue (FBR) chairman has constituted two anomaly committees — Anomaly Committee-Technical and Anomaly Committee-Business — to identify and remove the...

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...

New World Bank conditions for $1.5bn loan puts government in difficult position

ISLAMABAD: The World Bank has set strict prerequisites for $1.5 billion lendings. The conditions include an increase in electricity rates, the introduction of new...

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...

SBP can not share financial information with any entity without standard protocols

ISLAMABAD: Apropos of the media reports related to the recently introduced draft State Bank Amendment Act 2021, it is a misconception that SBP will...

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...

Banks won’t impose any charges on digital banking, says SBP

KARACHI: To encourage the use of the internet and mobile banking services, the State Bank of Pakistan (SBP) said that banks will not levy...

Samba finance group merges with NCB in Saudi Arabia

KARACHI: Working with around 40 branches throughout the country, Samba Bank Limited (SBL) has recently raised Rs 5 billion through Term Finance Certificates (TFCs)...

Most Read