Banking
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HBL to Shut Down Its NY Branch, Also Agrees to Pay Charges Worth $225 Million
Habib Bank Limited (HBL) has agreed to pay a hefty fine of $225 million to New York’s Department of Financial Services (DFS) after...
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Foreign Exchange Reserves Continue To Dwindle
The foreign exchange reserves of Pakistan continue to slide big time as State Bank of Pakistan (SBP) in its latest report has...
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FINCA Microfinance Bank To Launch Digital Payment Solution
In a latest technological development, FINCA Microfinance Bank is planning to launch digital payment solution in rural and semi-rural regions. The idea...
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Faysal Bank Gets A Makeover As It Launches New Website
In a latest development, Faysal Bank has launched a new website for its customers. The announcement was publicized by the bank through...
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Federal Government Appoints Tariq Bajwa As The New Governor Of State Bank Of Pakistan
In a latest development, the federal government has appointed Tariq Bajwa as the new governor of State Bank of Pakistan (SBP). He...
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The Top 12 Online Payment Alternatives to PayPal
If you’ve ever made a purchase on eBay, you likely used PayPal to complete your transaction. Whether for personal or professional use,...
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Merger Between NIB and MCB Bank Gets Approved By SBP
In a latest development, the State Bank of Pakistan (SBP) has approved the merger between NIB and MCB Bank Limited. SBP, via...
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E-Commerce Breakthrough: SBP Approves Mobile Wallet App SimSim
In a widely welcome move, State Bank of Pakistan (SBP) has approved mobile wallet app SimSim. The regulatory authority has given its...
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PSX Introduces SME Board To Help SMEs Raise Equity Capital
Pakistan Stock Exchange (PSX) is in process to introduce a SME Board. The new platform will help raise equity capital for SMEs to fulfill...
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SBP Intervention Keeps Rupee Stable Against Dollar, Bloomberg Reports
Despite tall claims by the government regarding economic prosperity, the destabilizing currency has continued to remain a cause of interminable concern. The...
