Islamabad, May 02, 2024 : HBL Microfinance Bank (HBL MfB) has won the ‘Best Microfinance Bank’ award at the Pakistan Banking Awards hosted by Institute of Bankers Pakistan (IBP), for the second consecutive year. This accolade underscores the Bank’s contribution in responding to poverty and contributing to the social and economic well-being of Pakistanis through…
Karachi, April 30, 2024 : During the second business day of the week, the KSE-100 index at the Pakistan Stock Exchange (PSX) observed a bearish trend, dropping 592.49 points to close at 71,102.54 points, down from the previous day’s 71,695.03 points. Today’s trading session at PSX sees the KSE-100 benchmark ranging between a high of…
Karachi, April 30, 2024 : Following a slight dip, the Pakistani Rupee strengthened by 0.8 paisa against the US dollar on Tuesday in interbank trading, closing at Rs 278.31 compared to the previous day’s Rs 278.39. As per the Forex Association of Pakistan (FAP), the dollar’s buying and selling rates in the open market stood…
Karachi, April 30, 2024 : Pakistan’s foreign exchange reserves experienced a decline of $9.32 million for the week ending April 19. The State Bank of Pakistan (SBP) reported that as of April 19, the country’s domestic foreign exchange reserves stood at $13.28 billion. SBP’s own foreign exchange reserves experienced a significant decrease, falling by $7.35…
Karachi, April 30, 2024 : Security Papers Limited is pleased to announce its unaudited financial results for the nine months ended March 31, 2024, with a record profit of Rs 1,083 million, representing a 151% increase from Rs 431 million in the same period last year. The Company’s outstanding performance was driven by successful pricing…