Karachi, July 06, 2020: JS Bank’s deposits continued to grow and crossed Rs 400 billion (approx. USD 2.3 Billion) mark. Acknowledged as one of Pakistan’s largest SME banks and mortgage providers offering diverse individual and institutional banking solutions; JS Bank has been recognized by the State Bank of Pakistan as the best performer under the…
Karachi, April 22, 2020: Amid the growing concerns of COVID – 19 pandemic, State Bank of Pakistan (SBP) has, thus far, announced a number of regulatory relief measures for the financial sector and real economy. These measures are primarily aimed at ensuring the safety and soundness of banking sector while enhancing their lending capacity to support the economic activities in…
Karachi, March 2, 2020: The year 2019 has been an exceptional year for the banking sector with profitability increasing by 20 percent or Rs30 billion to reach Rs177 billion, in spite of economic slowdown. The primary driver this year has been the net interest income which has increased by 27 percent from Rs486 billion to…
Islamabad, November 27, 2019: The recent conference on SMEs in Islamabad was a great effort to recognize the SMEs of Pakistan, redress their grievances, address their issues like unemployment / easy access to finance and strengthening the coordination between SMEs and Authorities, stated Ateeq Ur Rehman (Economic and Financial Analyst. He said Pakistan’s SME contributes…
Islamabad, September 11, 2019: NdcTech, a regional IT service provider of mission-critical and strategic Core and Digital Banking solutions for banks and FI’s, has won the “Best Implementation of the Year Award- Middle East 2019” at the Temenos MEA Sales and Partner Summit, held recently in Dubai, UAE. In accepting the award, Ammara Masood, NdcTech…