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... ith the ADB, the International Finance Corporation is expected to provide $20 million and local banks another $50 million. The rest of the project financing will come from equity proceeds of $33.3  ...
Saturday, 28 February 2015
2. UBL stake sale yields $387m
(Highlights/Business News)
Monday, 16 June 2014
3. Credit cards business declining: State Bank
(Highlights/Business News)
Saturday, 12 April 2014
4. Islamic finance good alternative: SBP
(Highlights/Business News)
... ing institutions i.e. full-fledged Islamic banks; Islamic banking subsidiaries of conventional banks; and Islamic banking branches (IBBs) of conventional banks. Moreover, conventional banks having Isl ...
Monday, 07 April 2014
5. GDP grows 5pc in first quarter: SBP
(Highlights/Business News)
...  the report, government borrowing from the central bank was more pronounced, as commercial banks did not participate actively in auctions of the Treasury Bills held during the quarter. As a re ...
Friday, 28 February 2014
6. Scrutiny of bank accounts
(Highlights/Business News)
Friday, 28 February 2014
7. SBP reserves jump
(Highlights/Business News)
...  and bilateral sources boosted the SBP reserves. The total liquid foreign reserves held by the country stood at $8.654bn including $3.87bn of State Bank and $4.78bn of private banks. During th ...
Friday, 28 February 2014
...  of rural Indians have no access to banks and no other place to put their money than in poorly regulated non-bank institutions.  ...
Friday, 28 February 2014
... losses to close down 0.07 per cent, or 0.82 points, at 1,134.19. China's domestic banks have recently tightened lending to the real estate sector, state media said last week, although the four biggest ...
Monday, 24 February 2014
10.
(Highlights/Business News)
...  earnings and greater prudence being exercised by banks. Net non-performing loans (NPLs) of all commercial banks made up just 3.12 per cent of their total net loans in December 2013. In September ...
Monday, 24 February 2014
11. Privatisation needs a second thought
(Highlights/Business News)
... s and local business elites. Sold out public entities included banks, a telecommunication company, and energy generators and distributors. After assuming power in May last year, the PML-N governme ...
Monday, 24 February 2014
12. ADB provides $1.7bn for trade financing
(Highlights/Business News)
...  from $1.3bn in 2012 to $1.7bn in the previous year, according to ADB. The programme fills market gaps for trade financing by providing guarantees and loans to banks and support trade. Backed by it ...
Thursday, 06 February 2014
13. Builders eye more high-rise projects
(Highlights/Business News)
Thursday, 06 February 2014
14. Consumer financing rekindled
(Highlights/Business News)
Monday, 20 January 2014
Monday, 20 January 2014
16. State Bank leaves policy rate unchanged
(Highlights/Business News)
... .5bn, which was the highest limit. He said more swap agreements are being negotiated with several countries. The governor also said the foreign banks were interested to come in Pakistan whi ...
Monday, 20 January 2014
17. Islamic banking growing at 30pc
(Highlights/Business News)
Thursday, 16 January 2014
18. KSE 100-index hits new peak of 26,761
(Highlights/Business News)
Thursday, 16 January 2014
19. Bull run continues on stock market
(Highlights/Business News)
... Wednesday, banks among the local participants also joined to pick up stocks. And after the Christmas and New Year break, foreign Institutions appeared to be in the process of allocation of funds, the ...
Thursday, 09 January 2014
... ion of Pakistan briefed the meeting on incidental and financial costs on imported urea from Karachi and Gwadar and said that against a credit line of Rs143 billion from various banks which is near exhaus ...
Thursday, 09 January 2014
21. Reserves minus IMF tranche fall
(Highlights/Business News)
...  received from the IMF on 23rd of this month. The addition of this inflow would certainly increase the total as well as the reserves of the State Bank. The reserves of the private banks also fel ...
Saturday, 28 December 2013
22. Private sector borrowing rises
(Highlights/Business News)
KARACHI: The banks lending to the private sector rose to Rs175 billion in the first five and a half months of this fiscal year, according to the State Bank. The trend is much better than the last ...
Saturday, 28 December 2013
23. Stocks turn in flat performance
(Highlights/Business News)
...  at current levels however remained only second to cement in terms of volumes. Banks once again failed to perform but were expected to attract investor interest in the coming days as results star ...
Saturday, 28 December 2013
24. Bulls toss index to new highs
(Highlights/Business News)
Wednesday, 18 December 2013
25. SBP forex reserves tumble below $3bn
(Highlights/Business News)
Friday, 13 December 2013
26.
(Highlights/Business News)
Monday, 25 November 2013
27. Banks expect rise in interest rate
(Highlights/Business News)
KARACHI: Expecting an increase in the interest rate in the monetary policy due on Wednesday, banks restricted their purchase of treasury bills to three-month government papers in the auction on ...
Wednesday, 13 November 2013
28. Khanani and Kalia directors acquitted
(Highlights/Business News)
...  but instead of transferring the money to Pakistan through SBP-authorised banks they either kept the money abroad or transferred it to foreign currency accounts to conceal the remittance. The prosecutio ...
Wednesday, 30 October 2013
29. Stocks fall 76 points on profit taking
(Highlights/Business News)
Wednesday, 30 October 2013
30. In quest of integrated financial market
(Highlights/Business News)
Monday, 28 October 2013

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