web analytics
23.9 C
Karachi
Saturday, December 21, 2024
PSX
Gold Rates
Currency Exchange
Prayer Times
HomeTagsBanking

All Stories: Banking

SBP eases banking regulations to encourage real estate investment

Central bank amended its capital adequacy regulations by lowering the applicable risk weight to facilitate country's real estate economy

Britain reviews core banking rules in light of Brexit

The review was called for by the finance ministry and the independent panel is chaired by City veteran Keith Skeoch

Emergency cash calls, tech IPO frenzy push 2020 banker fees to record high

As the COVID-19 pandemic raged across the world, companies turned to their shareholders in droves to get the funding needed to get through a bruising global recession.

Chinese central bank to pump $173 bln into economy in virus fight

PBOC said in a statement it would launch a 1.2 trillion yuan reverse repurchase operation on Monday to maintain "reasonable and abundant liquidity" in the banking system.

Jack Ma, Grab eye opportunities in Singapore digital bank battle

Singapore is opening up its banking industry to digital lenders in a reform that could shake up the sector across Southeast Asia.

‘Facebook’s Libra must obey anti-money laundering rules’

Facebook’s planned global ‘Libra’ cryptocurrency must respect anti-money laundering regulations and it must seek banking licenses if it offers banking services

Visa, Mastercard mull increasing fees for transactions

Visa Inc and Mastercard Inc, the two biggest US card networks, are preparing to raise certain fees levied on merchants for processing transactions from this April

Bank of China operations will strengthen bilateral banking relations, says CM Sindh

KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Friday said that Bank of China will play its role not only in the economic...

Central bank grants Bank of China approval to start banking in Pakistan

ISLAMABAD: The State Bank of Pakistan (SBP) on Monday granted Bank of China Limited approval for commencement of banking business in Pakistan. Earlier, the central...

Banks paid $321 billion in fines since financial crisis: BCG

BOSTON: Banks across the world have paid about $321 billion in fines since the 2007-2008 financial crisis as regulators stepped up scrutiny, according to...

Fitch affirms Pakistan in B category with stable outlook

ISLAMABAD: Fitch Ratings has affirmed Pakistan's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B' with Stable Outlooks. The issue ratings on Pakistan's senior...

Government launches $500 million in Islamic bonds

KARACHI: Government is set to launch $500 million in Islamic bonds to raise money for country's foreign exchange reserves, a senior official said Wednesday.

Pakistan’s largest bank opens branch in China

Pakistan's Habib Bank Limited on Monday announced it had received a licence to open a branch in China, a move that would make it the first South Asian lender to operate in the world's number two economy.

Iran pushes U.S. for more access to global financial system

DUBAI: Iran's main goal in its nuclear talks with world powers was to secure access to the global financial system, and the United States must now do more to remove obstacles to the banking sector, Foreign Minister Mohammad Javad Zarif said on Saturday.

SAARCFINANCE can play key role in promoting close ties between states: Governor SBP

KARACHI: Governor State Bank of Pakistan Ashraf Mahmood Wathra on Friday expressed his optimism that SAARCFINANCE can play a key role in promoting close relationship and building human capability in the economic and finance sectors amongst the countries, ARY News reports.

Pakistan approves $1.02 billion HBL divestment

KARACHI: Pakistan on Saturday approved divesting all of its state-owned shares in top private bank HBL for $1.02 billion, in what officials said is the country's largest-ever equity offering.

Iran yet to receive $7.8 billion for oil sales

DUBAI: Iran has yet to receive $7.8 billion for crude oil sales made in recent months, government spokesman Mohammad Baqer Nobakht was quoted as saying, as Western sanctions keep Tehran shut out of the global banking system.

Fingerprint technology for mobile banking app launched in UK

LONDON:  Royal Bank of Scotland on Wednesday launched a new service for its RBS and NatWest customers enabling them to log on to the bank's mobile application using their fingerprints, becoming the first British bank to do so.

India turns to corner shops, mobile phones for banking revolution

NEW DELHI: India is betting that mobile phone vendors, fuel stations and corner stores can help it put basic banking within the grasp of hundreds of millions of its poor people living beyond the reach of traditional bank branches.

Banking culture creates dishonest professionals

PARIS: A cesspool of fraud and lies in the banking industry has come to light since the financial crisis of 2008, raising questions about how such rogue behaviour could have happened.
Load more
-Advertisement-
 

Trending

BREAKING NEWS

MUST READ

ABOUT US

ARY NEWS brings you 24/7 Live Streaming, Headlines, Bulletins, Talk Shows, Infotainment, and much more. Watch minute-by-minute updates of current affairs and happenings from Pakistan and all around the world!

CORPORATE

ARY NETWORK

DOWNLOAD NOW!

© 2024 ARYNEWS.tv. All Rights Reserved.