Karachi, October 20, 2020: Deposit Protection Corporation (DPC) is pleased to announce the formal launch of its website, accessible at http://www.dpc.org.pk. Through this website DPC has embarked upon a more depositor-centric and responsive public awareness program. Launching of its own website is part of DPC’s broader communication strategy towards all its stakeholders, which focuses on…
Karachi, October 01, 2020: In an endeavor to further digitize payments in Pakistan, Bank Alfalah has announced that they have launched e-ticketing services across its 120+ Cash Deposit Machines (CDMs) deployed in Pakistan. This partnership aims to create a convenient and accessible e-ticketing experience for anyone accessing these CDMs. The Cash Deposit Machine is a…
Karachi, July 8, 2019: Total Deposits in Jun-2019 clocked in 11 percent / 7 percent YoY/MoM higher at Rs14.46 trillion, boosted by (1) seasonal year-end targets, (2) funds from Asset Declaration Scheme and (3) prize bond registration. M2 growth clocked in at 12 percent YoY, where NDA registered 20 percent YoY growth. Advances recorded a…