Karachi: MCB Limited, a prominent financial institution, held its analyst briefing today to discuss the first quarter results for the calendar year 2025. The bank reported a significant decline in profits, attributed to lower net mark-up income and in…
Karachi: Bank AL Habib has announced an exclusive dining offer for its cardholders, providing discounts of up to 40% at Nando’s outlets throughout May 2025. The promotion is available from Monday to Thursday and is contingent on specific card types an…
Karachi: The State Bank of Pakistan released the latest weighted average customer exchange rates, revealing slight movements across various currencies. These figures are pivotal for traders, businesses, and investors who rely on foreign exchange trans…
KARACHI: The State Bank of Pakistan has reported significant engagement in its overnight repo facility, according to a recent press release. On April 30, 2025, three financial institutions utilized the central bank’s overnight repo facility, borrowing…
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for April 30, 2025, revealing stable trading values for foreign currencies against the Pakistani Rupee. The United States Dollar closed with a buying ra…
Karachi: The Karachi Interbank Offered Rate (KIBOR) displayed a stable trend across various tenors, according to data released by the State Bank of Pakistan. The rates, which serve as a benchmark for lending between banks, provide insight into the eco…