Key policy rate maintained at 7 pc

Karachi, March 19, 2021: The Monetary Policy Committee (MPC), in its meeting on 19th March 2021, has decided to maintain the policy rate at 7 percent. The MPC noted that since the last meeting in January, growth, and employment have continued to recover and business sentiment has further improved. While still modest, at around 3…

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IBA Karachi partners with 1LINK for customized training programs

Karachi, March 18, 2021: The IBA Karachi has partnered with 1LINK for designing and conducting a customized training program for the employees under the 2021 theme of ‘Customer Centricity’. The initiative will include high-level performance evaluation of 1LINK’s service quality and workshops/training programs with the key focus areas on soft skills development, business communication, and…

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NRSP-APCL Issues First Electronic Warehouse Receipt

Karachi, March 19, 2021: NRSP Agri Processing Company (NRSP-APCL) and Naymat Collateral Management Company Limited (NCMCL) have collaborated to issue the first Electronic Warehouse Receipt (EWR) against rice and paddy stocks stored at the recently accredited NRSP-APCL facility located at Hafizabad (Punjab). NCMCL is the first collateral management company incorporated under the Collateral Management Company Regulations…

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