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A service for banking industry professionals · Saturday, December 9, 2023 · 673,943,757 Articles · 3+ Million Readers
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Pakistan Banking Industry Newswire

  • Published on Dec 8, 2023

    The UK battle of three Pakistani women

    LONDON: Three Pakistani women from the fashionable class are at the centre of a London High Court defamation case — around allegations of fake Instagram accounts, defamatory WhatsApp posts from dummy numbers, the Federal Investigation Agency of Pakistan ( …

    Source: GEO TV - Pro-Government
  • Published on 01:01 GMT

    Banks to Remain Open on Saturday and Sunday to Collect Hajj Applications

    All designated branches of authorized banks will remain open on Saturday and Sunday to facilitate people to deposit application forms along with dues for Hajj 2024. In a statement issued on Friday, the State Bank of Pakistan (SBP) said that on the …

    Source: ProPakistani - Neutral
  • Published on Dec 8, 2023

    India signals potential veto on Pakistan’s BRICS membership bid

    TLDR India, through its Ministry of External Affairs spokesperson, hints at potentially vetoing Pakistan’s application to join the BRICS alliance. BRICS membership decisions are made by consensus, allowing each member, including India, significant …

    Source: Cryptopolitan - Uncategorized
  • Published on Dec 8, 2023

    Banks to remain open this weekend to receive Haj 2024 applications

    In a positive development for people wishing to participate in Haj 2024, the State Bank of Pakistan (SBP) Friday announced that authorised banks will remain open on Saturday and Sunday — December 9-10 — to receive applications across the country. …

    Source: GEO TV - Pro-Government
  • Published on 00:51 GMT

    Banks to collect Hajj application forms with dues on Saturday, Sunday

    KARACHI – In order to facilitate the intending pilgrims to deposit application forms along with dues for Hajj 2024, State Bank of Pakistan on the request of Ministry of Religious Affairs & Interfaith Harmony has directed 15 authorized banks to keep all …

    Source: Pakistan Observer - Pro-Government
  • Published on Dec 8, 2023

    Haj 2024: SBP directs banks to remain open on weekend

    In order to cater to aspirant pilgrims, the State Bank of Pakistan (SBP) Friday directed the authorised banks to keep their designated branches open for the collection of Haj 2024 applications throughout the country. As per the issued notification, will …

    Source: The News International - Uncategorized
  • Published on Dec 8, 2023

    Banks to remain open on Saturday and Sunday

    Amid preparations for the annual Hajj pilgrimage, banks in Pakistan are extending their services to accommodate applicants as part of the Government Hajj Scheme. The Ministry of Religious Affairs has announced that banks will now operate on Saturdays and …

    Source: Samaa - Label Pending
  • Published on Dec 8, 2023

    Banks to accept Hajj 2024 applications even on weekend: Here's the schedule

    ISLAMABAD - The banks designated for accepting applications for Hajj 2024 will stay open on Saturday and Sunday to facilitate the aspiring pilgrims. The Ministry of Religious Affairs and Interfaith Harmony confirmed on Friday that the designated banks …

    Source: Daily Pakistan - Neutral
  • Published on Dec 8, 2023

    Imran Khan and illegal Afghans residing in Pakistan

    Islamabad, Pakistan: On Thursday night, former Chairman PTI Imran Khan took to his social media account to tweet and oppose the Pakistan government’s decision to deport illegal Afghan nationals while giving his populous justifications. The long-awaited …

    Source: Dispatch News Desk Pakistan - Pro-Government
  • Published on Dec 8, 2023

    Pakistan’s foreign reserves fall by $286 million

    Total reserves: $12.1 billion, down by $286 million SBP reserves: $7.0 billion, down $237 million Commercial Banks reserves: $5.1 billion, down by $49 million KARACHI, Pakistan: The Country’s total liquid foreign reserves fell by US$ 286 million to stand …

    Source: Dispatch News Desk Pakistan - Pro-Government
  • Published on Dec 7, 2023

    Pakistan’s central bank reserves decrease $237mn, now stand at $7.02bn

    Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $237 million on a weekly basis, clocking in at $7.02 billion as of December 1, data released on Thursday showed. Total liquid foreign reserves held by the country stood at $12. …

    Source: Business Recorder - Neutral
  • Published on Dec 8, 2023

    The rare Indian foreign correspondent’s view of Pakistan

    “There was always intrigue on what lies on the other side, more cultural similarities than differences, rivals on the field but camaraderie off the field, the same language & love for art & a country with a billion people,” the Pakistani sports …

    Source: Himal Southasian - Neutral
  • Published on Dec 8, 2023

    The Use of Embroidery in Pakistani Fashion 

    Pakistani fashion is a vibrant canvas that unfolds its cultural richness through the intricate artistry of embroidery. The mastery of needle and thread has been an integral part of the nation’s textile heritage, especially Maria B shawls, which encapsulate …

    Source: Programming Insider - Neutral
  • Published on Dec 8, 2023

    Karandaaz organises roundtable on open banking

    KARACHI: Karandaaz Pakistan on Thursday held the first roundtable session to deliberate on ‘Open Banking’ with industry stakeholders including senior representatives from regulators, banks, and fintech and technology platforms among others. The roundtable …

    Source: Business Recorder - Neutral
  • Published on Dec 7, 2023

    Pakistan's forex reserves fall by 237 mln USD

    ISLAMABAD, Dec. 7 (Xinhua) -- The State Bank of Pakistan (SBP) said on Thursday that its foreign exchange reserves had decreased 237 million U.S. dollars. During the week ending on Dec. 1, the total foreign exchange reserves of the bank fell to around 7 …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Dec 8, 2023

    Gulf Digest: Saudi startup co-founded by ex-Zomato exec, SaaS firm Blink get funding

    Omniful co-founders Alankrit Nishad (left) and Mostafa Abolnasr Saudi tech startups Omniful and Blink led dealmaking in the Middle East region in the first week of December. Both raised early-stage funding from well-known venture capital firms including …

    Source: VC Circle - Label Pending
  • Published on Dec 7, 2023

    Steel rates in Pakistan go down December 2023 update

    KARACHI – The prices of steel, which is one of essential components in construction, saw a decline in Pakistan as rupee has gained significant gains against the US dollar since September 2023. After Pakistani rupee hit historic high level, crossing Rs300 …

    Source: Pakistan Observer - Pro-Government
  • Published on Dec 7, 2023

    SECP and Google Are Shutting Down Illegal Loan Apps in Pakistan

    The successful collaborations of the Securities and Exchange Commission of Pakistan (SECP) with Google, the Pakistan Telecommunication Authority (PTA), and the Federal Investigation Agency (FIA) resulted in the shutdown of illegal loan apps in Pakistan. …

    Source: ProPakistani - Neutral
  • Published on Dec 7, 2023

    USD to PKR: Pakistani rupee continues to gain ground against US dollar in interbank

    KARACHI – US dollar continued its declining trend in the interbank and open market this week amid positive economic cues. During the intra-day trading in interbank, the local currenct gained Rs0.20 against the dollar to reach Rs283.94. The coal unit …

    Source: Daily Pakistan - Neutral

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