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.
Karachi, February 19, 2025 – Habib Bank Limited (HBL) has posted financial results for the fourth quarter of CY24, exceeding analysts’ expectations due to higher-than-anticipated net interest income (NII) and other income.
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Karachi, February 19, 2025 – The Pakistani rupee extended its losing streak for the third consecutive day against the US dollar, as growing foreign payment obligations weighed on the local currency.
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Karachi, February 19, 2025 – United Bank Limited (UBL) has taken a significant step towards strengthening its financial position and supporting its long-term strategic objectives.
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Karachi, February 18, 2025: Bank loans to the private sector has surged by an impressive 255%, driven by a significant decline in interest rates.
(more…)Karachi, February 18, 2025 – The Pakistani rupee continued its decline against the US dollar on Tuesday, as it closed lower in the interbank foreign exchange market.
(more…)Karachi, February 17, 2025 – The Pakistani rupee registered a marginal decline of 6 paisas against the US dollar at the close of trading in the interbank foreign exchange market on Monday.
(more…)Karachi, February 16, 2025 – The Pakistani rupee is projected to maintain a largely stable position against the US dollar during the upcoming week starting February 17, 2025.
(more…)Karachi, February 14, 2025 – The Pakistani rupee recorded a modest gain against the US dollar on Friday, appreciating by 5 paisas in the interbank market.
(more…)Karachi, February 13, 2025 — The Pakistani rupee maintained its stability against the US dollar in the interbank market on Thursday, reflecting a balanced interplay of demand and supply in the foreign exchange market.
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Karachi, February 13, 2025 – Meezan Bank Limited has reported an impressive 20% increase in its annual profit after tax for the fiscal year ending December 31, 2024.
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