banks

Hackers probe defenses of Middle East banks : FireEye

Hackers are probing the defenses of banks in the Middle East, targeting employees with infected… Read More

SBP issues prepaid card regulations

KARACHI: State Bank of Pakistan (SBP) has issued Prepaid Card Regulations in order to promote… Read More

SBP denies PTI’s Tareen got bank loans waived off

KARACHI: State Bank of Pakistan (SBP) has stated that Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen… Read More

SBP decides to phase out remaining old design banknotes

KARACHI: The old design banknotes will cease to be legal tender with effect from 1st… Read More

SBP guides banks on Iran trade in post-sanctions milieu

KARACHI: In the backdrop of lifting of sanctions against Iran, the State Bank of Pakistan… Read More

Old design banknotes to be demonetized from December 1st, 2016: SBP

KARACHI: State Bank of Pakistan (SBP) has announced that old design banknotes will cease to… Read More

Governor SBP urges banks to accelerate lending activities in KP

KARACHI: Governor State Bank of Pakistan (SBP), Ashraf Mahmood Wathra on Monday urged the banks… Read More

SBP advises banks to ensure availability of PRISM fund transfers facility

KARACHI: State Bank of Pakistan (SBP) has advised Pakistan Real-time Interbank Settlement Mechanism (PRISM) participating… Read More

SBP reiterates commitment for Islamic banking

KARACHI: State Bank of Pakistan has reiterated its commitment for promotion and development of Islamic… Read More

Largest US banks face $120 billion shortfall under new rule

Six big US banks need to raise an additional $120 billion, most likely in long-term… Read More

Banks take spotlight as earnings season heats up

NEW YORK: The financial sector, recently a weak performer in the stock market, will garner… Read More

Finished cheque book bars Meera from purchasing sacrificial animal

KARACHI: Actress Meera is once again in hot water as she has not been able… Read More

SBP forms special unit to deal with discriminatory practices at banks

KARACHI: The State Bank of Pakistan, in response to complaints from various quarters regarding discrimination… Read More

Rise of new banks helps Kremlin keep Russia’s economy afloat

MOSCOW: Four private banks with friendly ties with the Kremlin are emerging as big winners… Read More

Greece faces banking collapse as ATMs run dry

ATHENS: Greece weighed drastic banking restrictions to stave off a financial collapse on Sunday as… Read More

UAE banks discuss plan for centralised Islamic finance board

ABU DHABI: The United Arab Emirates' bank industry association has discussed a proposal to create… Read More

Six top banks fined for forex, Libor rigging

NEW YORK: US and British regulators hit six leading global banks with fines of nearly… Read More

Mid day: KSE 100-Index remains bullish

KARACHI: Karachi Stock Exchange (KSE) 100-Index on Tuesday recovered greatly witnessing increase of 988.59 points… Read More

‘Cybercrime ring steals up to $1 billion from banks’

NEW YORK: A multinational gang of cyber criminals has stolen as much as $1 billion… Read More

Weighing the costs for Europe if Greece exits the euro

PARIS: A Greek exit from the eurozone would certainly come at a cost to Europe,… Read More