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aiBANK launches Upfront-Interest time deposit with an advance return of up to 15%

This step reflects the bank’s vision to provide innovative and diverse banking products that meet the needs of various customer segments and enhance the bank’s position in the banking services market. Cairo, 6 September, 2023: aiBANK, a leading provider of integrated retail, corporate, and Islamic banking solutions in Egypt, announced the launch of the upfront-interest…

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Exchange Companies (B-Category) license to cancel in one month

SBP introduces structural reforms for Exchange Companies

Exchange Companies’ (B-Category) license to cancel KARACHI, September 6, 2023: The State Bank of Pakistan has decided to introduce structural reforms in the Exchange Companies’ sector. As part of these reforms, leading banks actively engaged in foreign exchange business will establish wholly owned Exchange Companies to cater to the legitimate foreign exchange needs of general…

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