Friday, May 24, 2019

Banks face cyber security, data privacy challenges

KARACHI: Experts during a seminar said that challenges including cyber security issues, social media, data privacy and third party risks have emerged strongly though...

World Bank, ADB high-ups informed of Pak uplift targets

ISLAMABAD: Special Assistant to Prime Minister on Overseas Pakistanis Syed Zulfikar Abbas Bukhari on Thursday emphasized the need for collaborative efforts to achieve human...

JS Bank accredited by GCF

LAHORE: JS Bank has become Pakistan’s first financial institution to have been accredited by the GCF, the world’s largest climate fund. The Fund aims to...

Bank of Punjab declares 7.5pc cash dividend

LAHORE: The Bank of Punjab (BOP) announced and recommended a cash dividend of 7.5 percent for shareholders for the year 2018, after a period...

Khushhali Bank profit soars by 40pc to Rs3.5b

ISLAMABAD: Khushhali Microfinance Bank Limited (KMBL) posted its financial results for the year ended December 31, 2018 in Islamabad. With a marked improvement in...

SBP governor sees economy on the right path

KARACHI: State Bank of Pakistan Governor Tariq Bajwa has said the country has come out of the financial crisis with the help of friendly...

Telenor Bank, CDC sign MoU to facilitate account holders

LAHORE: Telenor Microfinance Bank (TMB) and the Central Depository Company of Pakistan Limited (CDC) have signed a Memorandum of Understanding (MoU) at CDC House...

World bank for improving water use efficiency in Pakistan

HYDERABAD: A world bank report on Pakistan’s water situation has pointed out that water availability per person is comparatively low in the country. The report...

State Bank of Pakistan raises policy rate to 10.25pc

KARACHI: State Bank of Pakistan (SBP) Governor Tariq Bajwa on Thursday announced a 25 basis point increase in the policy rate, bringing it to...

NBP, Mobi-Direct sign final agreement

KARACHI: The National Bank of Pakistan (NBP), in continuation of the two MoU’s signed with Mobi Direct in August 2018, has now signed a...

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