2024 promises to be another crazy one, and it starts right here, right now, in Copenhagen – and without the best talent in the world, the show would not be complete. Thankfully, we have the best talent in the world: THE DESK In charge of running the show and keeping the analysts on a tight…
Karachi, October 5, 2023: The State Bank of Pakistan (SBP) on Wednesday said that deposits of all banking are perfectly safe. Certain sections of the media, on the basis of a statement given by Deputy Governor of State Bank of Pakistan(SBP), Dr. Inayat Hussain during the meeting of Senate Standing Committee on Finance and Revenue,…
Karachi, Septmeber 27, 2023: Digital transactions continued growth trajectory owing to the increased consumers’ preference for digital channels of mobile and internet banking for meeting their financial needs. Overall, mobile and internet banking transactions witnessed an annual growth of 57 percent by volume and 81 percent by value during the last fiscal year (FY23). The…
Karachi, March 02, 2021: The Pakistani banks earnings increased by 33 percent YoY in 2020 or by Rs60 billion to reach Rs238 billion. This was driven by earlier re-pricing of Liabilities compared to Assets amidst declining interest rates coupled with higher than expected deposit growth of 22 percent YoY, resulting in Net Interest Income (NII)…
Karachi, February 12, 2021: Habib Metropolitan Bank Limited (HABIBMETRO) has joined the Roshan Digital Account (RDA) initiative of the State Bank of Pakistan. Roshan Digital Accounts provide innovative banking solutions to millions of Non-Resident Pakistanis (NRPs) and Resident Pakistanis (RPs) with declared offshore assets, who need a secure and convenient facility, to undertake banking-payments, fund-transfers and…