Pakistan Just Got $6.9 Billion in Foreign Loans During Tough 9 Months of FY24
The country borrowed just $6.899 billion from multiple financing sources during the first nine months (July-March) of the current fiscal year 2023-24 compared to
Govt Requests World Bank to Restructure $400 Million Education Project
The government has requested the World Bank for restructuring of Higher Education Development in Pakistan (HEDP) project of worth $400 million for third time
MCB Posts Profit After Tax of Rs. 16.6 Billion for Q1-2024
The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on April 24, 2024, reviewed
Bad Loans Rise Sharply Over Rs. 1 Trillion in 2023
Non-performing loans (NPLs) disbursed by the banking industry surged by more than Rs. 70 billion in 2023, the latest data by the State Bank
Traders Threaten Protests Against FBR’s New Tajir Dost Registration Scheme
The All Pakistan Traders Association has threatened protests if traders’ concerns aren’t addressed by the government, with the date likely to be announced during
MCB Bank to Convert 39 Branches Into Islamic Banking Entities
MCB Bank Limited (PSX: MCB) has approved the Scheme of Compromises, Arrangements and Reconstruction for converting 39 branches into Islamic banking entities, the bank