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Web Desk
Jul 04, 2025

Bank Makramah accelerates recapitalisation with fresh capital, asset sale

Bank Makramah also extended its deepest gratitude to the sponsor for his unwavering support and vision for BML and Pakistan’s banking sector.

Business

Web Desk
Jul 30, 2024

How unresolved dividend backlog issues impact the Pakistani rupee

JPMorgan has recently raised concerns about the potential impact of dividend backlogs on the Pakistani rupee (PKR), which could lead to a weaker currency in the near term.

Business

Web Desk
Jul 13, 2024

PM Shehbaz urges FBR to revise revenue collection strategy

PM has advised FBR to reassess its approach to revenue collection in a bid to alleviate the country’s debt burden.

Business

Web Desk
Mar 14, 2024

Pakistan’s foreign exchange reserves surge by $17 million

The State Bank of Pakistan (SBP) witnessed a rise in its foreign exchange reserves by $17 million over the past week.

Business

Web Desk
Mar 06, 2024

Banks in Pakistan record 1.26% increase in monthly deposits

The total deposits held by scheduled banks in Pakistan have witnessed a robust year-over-year increase of 21.66 per cent.

Business

Web Desk
Feb 29, 2024

SBP’s forex reserves dip by over $63 million

In the week concluding on February 23, 2024, the State Bank of Pakistan (SBP) experienced a decrease of $63.2 million in its foreign exchange reserves, reflecting a 0.79 per cent decline.