Karachi, September 5, 2019: The State Bank of Pakistan (SBP) has issued today its flagship annual publication viz. Financial Stability Review (FSR) for the calendar year 2018. The Review presents performance and risk assessment of various segments of the financial sector including banking, non-banking financial institutions, financial markets, exchange companies, non-financial corporates and financial market…
Highest Revenues, After-tax Profit in the Industry. Revenues increase by 18.4 percent; Profit before-tax by 18.8 percent. Karachi, August 28, 2019: Meeting of the Board of Directors (BoD) of National Bank of Pakistan was held today i.e. August 28, 2019 at the bank’s Head Office in Karachi in which the BoD approved financial statements of…
Karachi, August 9, 2019: President Arif Alvi on Friday said financial freedom is a must for women empowerment in the country for which the government is taking several laudable steps. Economic independence and equal opportunities are must for women empowerment which is necessary for national development, therefore, women should be given all due rights. President…
Karachi, July 29, 2019: Fauji Fertilizer Company Limited (FFC) announced the financial result for 1HCY19 today where the company posted a profit after tax (PAT) of PKR 8.9 billion (EPS: PKR 7.00), up by 89 percent YoY from last year’s profitability of PKR 4.7 billion (EPS: PKR 3.71). On a quarterly basis, PAT during 2QCY19…
Karachi, May 1, 2019: HBL A delegation from HBL led by President & CEO HBL Muhammad Aurangzeb, attended the financial forums held under the aegis of 2nd Belt and Road (BRI) Forum for International Cooperation, in Beijing, China. HBL was invited as a guest of the Chinese Ministry of Finance and People’s Bank of China….