Tag Archives: Banking

The banking industry in Pakistan is growing leaps and bounds in almost all aspects. Presently, there are 45 banks with a network of 15,549 branches spread all across Pakistan hosting some 53.11 million accounts. Out of 45, eleven banks are …

Recently at a conference for freight forwarders everyone jointly agreed: if you’re the fastest to quote, you win the customer. What astonished me was what I heard in a conversation afterwards! “We are working in shifts now, 16 hours per …

First Habib Modaraba is well positioned in market with sound equity base, highest assets size and strong profitability Interview with Muhammad Shoaib Ibrahim — Managing Director & CEO, First Habib Modaraba PAGE: Tell me something about yourself and your organization, …

Meezan Bank’s Shariah-compliant products, services have taken major standings Interview Irfan Siddiqui — President & Chief Executive Officer, Meezan Bank PAGE: Kindly tell us something about yourself and your organization: Irfan Siddiqui: I am the founding President and Chief Executive Officer …

According to the statistics published by the State Bank of Pakistan (SBP), the Profit Before Tax (PBT) of Islamic banking industry was registered at Rs. 32 billion by end June, 2019 as against to Rs. 15 billion in the same …

The disruption of technology is revolutionising industries across many levels. As businesses evolve during the unprecedented revolution in the workplace, appropriate operating models must be put in place to meet the continuous demands of clients and the world around us. …

Islamic Banking and Finance practices are running and growing at the rapid pace and has been proved itself as a viable financial system before the conventional economic and banking system. Here, we must consider whether the prevalent practices are fulfilling …

Pakistan’s economy is characterized by low levels of household savings which play a very crucial role in stimulating sustained economic growth. At the same time consumers borrow in order to consume. Households are the backbone of any economy. This is …

A robust banking sector is a healthy sign for the economy of a country. It is this sector that plays the role of financial intermediation between savers and investors, which actually determine the rate of economic growth. The banking sector …

Though Balochistan has vast potential in insurance sector, yet the sector could not play its due role in the local economy. Balochistan agriculture, the mainstay of local economy, employs 67 percent of total work force but these work force and …