Karachi: In a recent release, the State Bank of Pakistan (SBP) disclosed details regarding its Overnight Repo and Reverse Repo Facilities for October 22, 2025. The data indicates that financial institutions accessed the SBP’s Overnight Repo Facility, …
Karachi: The State Bank of Pakistan has announced an update to the currency floor for September, setting the amount at 40,000 with one institution involved.
The announcement comes as part of the central bank’s regular updates on currency operations …
Karachi: The State Bank of Pakistan released current Karachi Interbank Offered Rates (KIBOR) for various tenors, indicating stable short-term interest rates. These rates, which serve as a benchmark for lending between banks, showed little fluctuation …
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for September 3, 2025, reflecting stable currency valuations in the country’s exchange market.
The US dollar closed at a buying rate of 28…
UBL’s revenue and pretax profit have seen remarkable increases, with 131% and 185% growth, respectively, marking the highest among the top 20 listed companies on the exchange over the last two years. The bank’s stock performance has been impressive, y…
Karachi: United Bank Ltd (UBL) has reported a robust financial performance in the first half of the calendar year 2025, with unconsolidated profits soaring to PkR63.8 billion, marking a 2.2-fold increase compared to the same period last year. This gro…