Day: April 24, 2024

In a momentous development, EduFi Financial Services Private Limited, a pioneering education lending FinTech company, has been granted its Non-Banking Financial Company (NBFC) license by the Securities and Exchange Commission of Pakistan (SECP). This landmark achievement propels them into an exciting phase as EduFi formally launches its operations in the

Islamabad Electric Supply Company (IESCO) is facing disruption in its online bill payment system, hence payments through banking apps or 1link are not working at the moment. This has resulted in people forming long queues outside of IESCO offices everywhere. Other than IESCO offices, banks are accepting bill payments through

Federal Minister of Industries and Production and National Food Security Rana Tanveer Hussain has said the government is committed to increasing the export of livestock from Pakistan since this sector contributes around 62 percent of the agricultural GDP of the country. Addressing a briefing on the livestock sector, Federal Minister

The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on April 24, 2024, reviewed the performance of the Bank and approved the condensed interim financial statements for the first quarter ended March 31, 2024. The Board of Directors has declared

After suspension of a top Federal Board of Revenue (FBR) official for not pursing cases in high courts, the Securities and Exchange Commission of Pakistan (SECP) has immediately appointed new Special Public Prosecutors to defend cases before courts/tribunals including High Courts and Supreme Court of Pakistan. In this regard, the

Standard Chartered Bank (Pakistan) Limited (PSX: SCBPL) has attributed the recent ‘unusual movement’ in its share price to the bank’s strong financial performance in the calendar year ending December 31, 2023 (CY23). ‘We understand that the positive trend in the price of the shares of SCBPL was triggered with the