KARACHI: Mashreq Bank Pakistan - one of the two retail digital banks operating in the country - has put a big focus on channeling workers’ remittances into the country from abroad and introduced ...
Allied Aitebar Islamic Banking (ABL IBG) has become a leader in digital banking in Pakistan, providing cutting-edge Shariah-compliant financial solutions while focusing on accessibility, innovation ...
WASHINGTON, June 20, 2024—The World Bank’s Board of Executive Directors approved $535 million in financing for Pakistan to support two projects. The additional financing for the Crisis Resilient ...
In January, the State Bank of Pakistan issued no-objection certificates (NOCs) to the establishment of five digital banks in Pakistan, part of the SPB’s newest initiative to boost both financial ...
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Banking Sector Backs Federal Budget 2025-26 to Drive Inclusive Growth and Economic Stability
Pakistan, June 24 -- Karachi, June 2025 - As a key partner in Pakistan's economic development, the banking sector-under the aegis of the Pakistan Banks Association (PBA)-continues to play a vital role ...
WASHINGTON, June 10, 2024—The World Bank’s Board of Executive Directors today approved $1 billion in a second round of additional financing for the DASU Hydropower Stage I (DHP I) Project. This ...
Pakistan central bank cuts key rate by 100 bps to 12% Inflation forecast to ease, core inflation stays high Maintains full-year GDP growth forecast at 2.5%-3.5% Outlook for current account balance has ...
Pakistan's central bank is expected to retain interest rates at 11% on Monday, a Reuters poll showed, as analysts push back rate-cut forecasts to late 2026 after the IMF warned inflation risks persist ...
The World Bank recently released a comprehensive review of Pakistan’s poverty and welfare trends since the early 2000s. The assessment has raised concerns about Pakistan’s economy, saying that the ...
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