Karachi, August 24, 2023: Standard Chartered Bank (Pakistan) Limited delivered a record profit before tax of PKR 38.1 billion for H1’23, registering an increase of 73 percent year on year. Profit after tax grew by 132% year on year to PKR 18.8 billion during the first half of the year. Performance was driven by strong…
Karachi, August 24, 2023: Following the directives of the provincial Minister for Municipalities, Mubeen Jamani, the Municipal Department has issued a notification and barred the relevant authorities from approving building and plot designs. According to the notification, the restrictions will be applicable to the Sindh Building Control Authority (SBCA) and all relevant development authorities as…
Karachi, August 24, 2023: Faysal Bank Limited has unveiled an impressive performance report for the first half of 2023, signaling robust business fundamentals and astute risk management. As per the official financial report, Faysal Bank reported a remarkable net profit of PKR 7.5 billion, marking an astounding 72 percent surge compared to the same period…
Karachi, August 24, 2023: Meezan Bank has been recognized at the first ‘The Digital Technology Awards – AccounTech Innovation Congress’ held by The Institute of Chartered Accountants of Pakistan (ICAP). The Bank has been conferred with the top award in the ‘Best Dashboards’ category for its ‘Customer 360 Degree Dashboard’ – a pivotal tool that…
Karachi, August 24, 2023: The State Bank of Pakistan (SBP) issued a commemorative coin of 75 rupees during a ceremony held in Islamabad on Thursday to mark the 75th anniversary of the establishment of diplomatic relations between Pakistan and the USA. The Honorable Foreign Secretary for Pakistan, Muhammad Syrus Sajjad Qazi, graced the occasion as…