Karachi, June 15, 2020: The State Bank of Pakistan (SBP) has issued its flagship annual publication, the Financial Stability Review (FSR) for CY19. The Review presents performance and risk assessment of various segments of the financial sector including banks, non-banking financial institutions, financial markets, non-financial corporate and financial market infrastructures. The FSR notes that the…
Karachi, May 11, 2020: To enable customers to avail banking services during the COVID-19 pandemic, Khushhali Microfinance Bank Limited is constantly working on introducing innovative solutions to meet customer’s daily transactional needs. To make online banking easier for customers, Khushhali Microfinance Bank Limited is now launching mobile banking app for android devices. Khushhali Mobile Banking…
Islamabad, April 6, 2020: The State Bank of Pakistan (SBP) has taken additional measures to facilitate bank customers that are faced with extraordinary challenges arising out of COVID-19 situation in the country. Now banks’ customers can approach SBP through its helpline service in case their queries or complaints. SBP has also taken notice of phone calls to banks’ customers by fraudsters seeking personal…
Karachi, April 6, 2020: SBP provides more flexibility to hospitals and medical centres under its Refinance Facility for Combating COVID-19 Since the outbreak of COVID-19, State Bank of Pakistan has taken a number of measures to support the economy. One of the earliest measures taken by SBP was to support the hospitals, which have been…
Karachi, March 02, 2020: Khushhali Microfinance Bank Limited (KMBL) enters the digital world in 2020 with the launch of its Internet Banking website. Customers will now be able to conduct financial and non-financial transactions on the go as per banking industry practices. Khushhali’s Internet Banking website will now allow customers to access services like secure intrabank…