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Sat05252013

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Meezan Bank network to cross 300 branches by end of March

meezan KARACHI: The branch network of the Meezan Bank Limited (MBL) in Pakistan would cross the figure of 300 by the end of March.

BoK assets reached Rs68bn

bok LAHORE: Assets of Bank of Khyber (BoK) reached Rs 68 billion till December 31, 2011. This was stated by BoK Managing Director Bilal Mustafa while inaugurating the annual managers...

Foreign exchange reserves rise to $16.77 billion

KARACHI: Pakistan's foreign exchange reserves rose to $16.77 billion in the week ending February 10, compared with $16.69 billion the previous week, SBP said on Thursday.

Country’s forex reserves fall to $16.69 billion

KARACHI: Pakistan's foreign exchange reserves fell to $16.69 billion in the week ending February 3, compared with $16.87 billion the previous week, the central bank said on Thursday.

SBP asks MFBs to report quarterly un-audited CARs

KARACHI: The State Bank of Pakistan (SBP) has advised all microfinance banks (MFBs) to report their quarterly un-audited capital adequacy returns (CARs) to its Banking Surveillance...

SECP issues Shariah audit mechanism for modarabas

imaas KARACHI: A system has been finalized under theguidance of the SECP Religious Board that will ensure and verify thatthe business transactions undertaken by modarabas are in accordancewith...

ISE-10 stays bullish

ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Monday witnessed bullish trend as the index was up by 4.46 points to close at 2767.72 as compared to the…

Bilour seeks PM's help to tackle Railways issues

LAHORE: Railways Minister Haji Ghulam Ahmad Bilour on Friday appealed to the Prime Minister to help tackle the crisis of railways.

Prices of essential items show upward trend

ISLAMABAD: The prices of most of the essential kitchen items increased during the week past as compared to the preceding week, revealed a survey conducted by…

Tax frauds: FBR implements new preventive system

ISLAMABAD: The Federal Board of Revenue (FBR) for the first time implemented a new preventive system, which has enabled the tax officials to stop processing…

Cathay Pacific upgrades reservations system

KARACHI: Cathay Pacific Airway has completed the upgrade of its new passenger reservations system as planned over the weekend.