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Banks in Pakistan to remain closed on Wednesday

The State Bank of Pakistan (SBP) has announced a bank holiday on Wednesday on account of Quaid Day and Christmas festivities. “SBP will remain closed...

Banks to remain closed for two days next week

KARACHI: Banks across Pakistan will remain closed for two days next week on the occasion of Ashura (9th & 10th Muharram) on 16 and...

Banks to remain closed across Pakistan on THIS date

KARACHI: On the occasion of the new financial year, State Bank of Pakistan (SBP) announced a nationwide bank holiday on July 01, 2024, ARY...

Govt reaches agreement with banks on PIA loan reprofiling

In a significant development regarding the privatization of Pakistan International Airlines (PIA), sources from the Ministry of Finance have disclosed that the government has...

Banks to remain open on Saturday, Sunday

KARACHI: The State Bank of Pakistan on Friday directed all banks to keep their branches open on Saturday and Sunday for collection of taxes,...

Banks behind 70% jump in greenwashing incidents

The number of instances of greenwashing by banks and financial services companies around the world rose 70% in the past 12 months from the...

Banks to remain closed for public dealing today

KARACHI: All banks to remain closed for public dealing on Monday (today) across the country, ARY News reported. As per details, the State Bank of...

Banks to receive Hajj applications on Saturday, Sunday

KARACHI: The State Bank of Pakistan (SBP) on Friday announced that all designated bank branches will remain open on Saturday and Sunday (March 25...

Japanese banks slide as SVB contagion fear rattles markets

SINGAPORE: Asia's share markets slid on Tuesday, with Japan's financial stocks leading losses as fear of a US banking crisis gripped investors ahead of...

Banks battle to shed unsold buyout loans

Banks are whittling down a pile of unsold loans that backed private equity buyouts in the cheap-money era and trying to avoid heavy hits...

Central banks will fail to tame inflation without better policy

Central banks will fail to control inflation and could even push price growth higher unless governments start playing their part with more prudent budget...

Managers on alert after ‘WhatsApp’ crackdown on banks

Asset managers are tightening controls on personal communication tools such as WhatsApp as they join banks in trying to ensure employees play by the...

Police, banks and consumers hit by major network outage

OTTAWA: A major outage affecting top telecoms provider Rogers Communications' mobile and internet networks caused widespread disruptions across Canada on Friday, including for banking,...

State Bank of Pakistan announces Friday timings

There will be a lunch/prayer break from 1pm to 2:30pm.

Eid holidays: SBP says banks to remain open on April 30

KARACHI: The State Bank of Pakistan (SBP) on Thursday announced that all banks and their branches shall remain open on Saturday, April 30, while...

Banks to remain shut for public on Monday: SBP

KARACHI: The State Bank of Pakistan (SBP) will remain closed for public dealing on Monday, January 3, 2022, which will be observed as a...

Banks to stay open on Dec 30-31

KARACHI: In order to facilitate collection of government receipts, duties and taxes, the State Bank of Pakistan (SBP) decided on Tuesday to keep the...

Four held for looting citizens outside banks in Karachi

KARACHI: Special Investigation Unit (SIU) officials have arrested four men during a raid at Shaheed-e-Millat Road on charges of looting Karachi citizens outside banks,...

SBP tightens regulatory, consolidates authority over financial institutions

KARACHI: The State Bank of Pakistan (SBP) has on Monday revised the Corporate Governance Regulatory Framework which means strengthened the regulatory for Banks and...

Interest rate for bank consumers on saving accounts hiked: SBP

KARACHI: State Bank of Pakistan (SBP) Monday announced that bank consumers would be receiving at least a 7.25 percent interest rate on their saving...
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