Karachi: Commercial banks in Pakistan are under pressure to significantly increase their lending in the final quarter of the year. They must raise their Advance to Deposit Ratio (ADR) above 50% by December 2024 to circumvent an increased tax burden. T…
Islamabad: The State Bank of Pakistan (SBP) is anticipated to implement a significant reduction in its policy rate by 200 basis points in the upcoming Monetary Policy Committee (MPC) meeting. This move is driven by a combination of higher real interes…
Lahore: Fatima Fertilizer Company Ltd. (FATIMA) today announced its third quarter financial results for the year 2024, posting an 18% increase in consolidated earnings, despite a significant drop in sales volumes and revenues. The company recorded ear…