Fresh currency note issuance on Eid-ul-Fitr 2019

Karachi, June 3, 2019: The State Bank of Pakistan (SBP), through 16 field offices of its subsidiary SBP-Banking Services Corporation (SBP-BSC), provided fresh banknotes of various denominations aggregating to Rs. 360 billion, including Rs. 61 billion of Rs.100 and below denominations, via cash counters of banks and SMS service (8877) to the general public during…

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Interest-free loans approved for meritorious students under Student Loan Scheme

Karachi, June 3, 2019: The Apex Committee for Student Loan Scheme having representation from State Bank of Pakistan, Finance Division (Government of Pakistan) and five major banks (NBP, HBL, UBL, ABL, and MCB Bank) has approved Rs 51.987 million as interest-free loans to deserving students for their current year of studies within Pakistan. The amount,…

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Boards of AHCL and AHL approve Buy-Back of Shares

Karachi, June 3, 2019: The Board of Directors of Arif Habib Corporation Limited (AHCL) and Arif Habib Limited (AHL) in separately held emergent Board meetings today approved buy-back of shares of their respective companies through a tender offer. AHCL’s Board of Directors has approved a proposal to buy-back its own fully paid-up ordinary shares of the face value…

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Corps Commander XI win against Commissioner XI

Karachi, June 3, 2019: In a Festival Floodlit T20 Cricket match played at the National Stadium Karachi on Saturday night Corps Commander XI won against Commissioner XI by 3 wickets. Pakistan Veterans Cricket Association and Commissioner Karachi Office organized the Match. The Captain of Corps Commander XI Brig Abdul Sami won the toss and put…

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