Banks

Jahangir Hayat LAHORE: Lack of coordination between Pakistan Customs and banks has been causing importers to face hardships in doing business endangering the improving Ease-of-Doing Business Index of the country.  This was…

KARACHI: State Bank of Pakistan has taken a number of measures to support the economy, since the outbreak of COVID-19. One of the earliest measures taken by SBP was to support the hospitals, which have been at the fore front in combating…

Our Special Correspondent LAHORE: SBP held a meeting with banks today,through link, to assess their readiness to SBP takes measures to ensure continuous availability of banking services amid COVID-19 situation SBP held a meeting…

Bank’s balance sheet averaged at Rs1.7trillion in H1’19, compared to Rs1.8trillion M Jahangir Hayat LAHORE: United Bank Limited (UBL) International’s NPLs increased by USD 22.7 million over Dec’18 to reach USD 315.5 million at…

ISLAMABAD:The State Bank of Pakistan (SBP) has once again advised bank customers not to share personal information on fake calls on the pretext of biometric verification. “It has come to our knowledge that fraudsters are attempting to…

ISLAMABAD: Commercial banks have refused to lend Rs50 billion to slice down circular debt saying the government is only interested in debt servicing but not inclined to pay the principal amounts, a senior official at Power Division. “The…