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Tag: Financial Stability

Latest
  • 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.

exchange rate today
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.

PM Shehbaz Sharif on reducing electricity prices
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.

foreign exchange reserves Pakistan
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.

Pakistani bank deposits increase
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.

Pakistan seeks loan from middle eastern banks
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.

Pakistani bank deposits
Business
  • Web Desk
  • Feb 26, 2024
Banks see 21% increase in overall deposits, surpassing Rs27 trillion

The total deposits held by scheduled banks in Pakistan witnessed a surge of 21.03 per cent, reaching Rs27.54 trillion.

Pakistan IMF
Business
  • Web Desk
  • Feb 23, 2024
Pakistan seeks $6 billion IMF loan amidst debt challenges

Pakistan is expected to pursue a new loan of at least $6 billion from the International Monetary Fund (IMF), according to a report.

electricity theft cases
Business
  • Web Desk
  • Feb 22, 2024
Over Rs75 billion recovered in crackdown against electricity theft

In a significant stride towards curbing electricity theft, Pakistan has recovered over Rs75 billion during an ongoing nationwide crackdown.

Pakistan's debt and interest payments
Business
  • Web Desk
  • Feb 22, 2024
Pakistan’s debt payments hit $7.3 billion

Pakistan has revealed its debt and interest payment figures for 1HFY24, indicating significant financial obligations.

Latest

US President Donald Trump on Monday said that diplomatic contacts with Iran are continuing “at a rapid pace”: File Photo
  • Web Desk
  • 6 Hours ago
Iran talks continue, indirect contact with Hezbollah amid Lebanon-Israel tensions: Trump
The Carolina Hurricanes are just four wins away from capturing their first Stanley Cup in nearly two decades as they prepare to face the Vegas Golden Knights: File Photo
  • Web Desk
  • 6 Hours ago
Hurricanes vs Golden Knights: Hurricanes eye first Stanley Cup since 2006 as final begins
Traffic on the M-5 motorway was disrupted after high-voltage transmission lines fell onto the roadway during a severe windstorm, prompting the Motorway Police to divert vehicles to alternative routes: File Photo
  • Web Desk
  • 8 Hours ago
Traffic on M5 motorway diverted after high-voltage wires fall
Prime Minister Shehbaz Sharif said, during a meeting with European Union (EU) representative Kaja Kallas, Pakistan wants to further strengthen its multi-dimensional partnership with the West: File Photo
  • Web Desk
  • 8 Hours ago
Shehbaz, EU representative review regional situation, strategic cooperation
Seagate Technology has reached a $175 million deal to settle a shareholder fraud case over alleged undisclosed sales of hard disk drives to China’s Huawei Technologies: File Photo
  • Web Desk
  • 9 Hours ago
Seagate reaches $175mln deal in shareholder fraud case over Huawei drives sales
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