Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.
MCB Bank Limited on Wednesday announced 10 per cent growth in net annual profit to Rs34.45 billion for the year ended December 31, 2022 as compared with Rs31.33 billion in the preceding year.
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KARACHI: Pakistani Rupee (PKR) on Tuesday ended near to historic low as dollar jumped to PKR 276.28 in the interbank foreign exchange market.
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State Bank of Pakistan (SBP) on Tuesday announced six weeks Summer Internship Program (SIP) in June and July 2023.
(more…)KARACHI: Pakistani Rupee (PKR) on Monday rebounded against the dollar and recovered PKR 1.28 to end at PKR 275.30.
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Pakistan Business Council (PBC) in a report suggested discontinuation of the highest denomination banknote of Rs5000 in order to formalize the country’s economy.
(more…)KARACHI: Pakistani Rupee (PKR) plummeted to the dollar on Friday to make historic low at PKR 276.58 at closing of interbank foreign exchange market.
(more…)KARACHI: Pakistani Rupee (PKR) crashed for the first time below PKR 275 against the dollar during intraday trading at interbank foreign exchange market on Friday.
(more…)KARACHI: Pakistani Rupee (PKR) fell to new all-time low against the dollar on Thursday and ended at PKR 271.36 in the interbank foreign exchange market.
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KARACHI: Bank Alfalah Limited (BAFL) on Thursday announced 27 per cent jump in annual profit for the period ended December 31, 2022 owing to massive rise in foreign exchange income.
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KARACHI: The State Bank of Pakistan (SBP) on Thursday announced a bank holiday on the occasion of Kashmir Day on February 05, 2023.
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