Tag archives for Banks
Muhammad Aurangzeb Elected Chairman of PBA
On completion of the term of Mr. Aftab Manzoor, as Chairman, Pakistan Banks’ Association , Mr. Muhammad Aurangzeb, President & CEO, Habib Bank Limited, has been unanimously elected as Chairman…
Chinese banks start scanning borrower’s facial movements
Chinese banks have started using micro-expression technology in an effort to spot the early signs of fraud in customers’ facial movements. The banks are worried that some potential customers may…
Khushhali Microfinance Bank’s Pre-tax profit increases by 40%, clocking in at Rs. 2.5billion
PR: Khushhali Microfinance Bank Limited (KMBL) posted its financial results for the year 2017 on 14 February 2018 in Islamabad, posting appreciable growth in bottom line, accompanied with a dividend of…
Effective strategic use of fintech needed in banks; Experts
Shariah-compliant banks have been urged to adopt a strategy to make effective use of financial technology, triggering substantial changes to global financial markets. Ahmed Ali Siddiqui, director of Centre for…
Banks distributed Rs220b loans in July-Dec time
STAFF REPORT KHI: Local banks agriculture credit disbursement rose up to 38 per cent to billion during the first half (July-Dec) of this fiscal year from billion in the…
Banks distribute Rs118b farm loans in first quarter
STAFF REPORT KHI: Agricultural credit disbursement by commercial banks has increased by 11 per cent to Rs118 billion during July-November 2013 as compared to billion in the…
Banks farm credits up by 12pc
STAFF REPORT LHR: Disbursement of agricultural credit by banks increased 12 per cent to billion in the first half (July-December) of the current fiscal year compared to the corresponding period…
Islamic banks need to offer farm financing
STAFF REPORT KHI: State Bank of Pakistan (SBP) Governor Yaseen Anwar has said that Islamic banks need to offer agriculture financing to tap the huge productive potential of this sector."Its…
Remittance Services From Saudi Arabia to EasyPaisa and Banks Introduced
Xpress Money has launched two services for its Pakistani customers in Saudi Arabia:Xpress Money has tied up with Telenor Pakistan for the "Direct to Mobile Account" service, while its "Direct…
Banks asked to adopt farm financing as doable business model
STAFF REPORT KHI: The State Bank of Pakistan (SBP) has urged banks to adopt agricultural financing as a viable business model through development of specific products/schemes and disseminate best practices…