Tag Archives: Banking

Province/Region Wise Break-Up Of Islamic Banking Branch Network (As of September 30, 2019) Type Bank Name Azad Kashmir Balochistan Erstwhile FATA* Federal Capital Gilgit- Baltistan KPK Punjab Sindh GrandTotal   Islamic Banks AlBaraka Bank (Pakistan) Limited 3 7 – 6 …

Researchers reported that Islamic banking is now approximately 30-years old. In 1963, Islamic banking was started in Egypt; most of the biography corroborates but most of the countries within the Globe agreed and developed Islamic banking in their countries during …

For a stable and well-organized economic structure in any country, researchers believed that a dynamic financial system is necessary. They have also revealed that a typical financial system comprises financial institutions, financial markets, clearing and settlement houses. Chiefly, banks play …

Country’s growth will progress steadily in the coming years Pakistan’s banking heading towards more convenient payment solutions Interview with Mohammad Raza — Group Head Customer Support, Meezan Bank PAGE: Tell me something about yourself and your bank, please: Mohammad Raza: I currently …

The banking channels play an important role in enhancing the trade of a country with its major trading partners. In the Asian economies, the investors and businesses are looking for more supportive financial services, with a demand for financing solutions, …

Seminar on Emerging Trends in Good Governance of Banking Sector in SAARC Countries held Dr. Reza Baqir, Governor, State Bank of Pakistan during his inaugural address in a seminar on “Emerging Trends in Good Governance of Banking Sector in SAARC …

Digital transformation has eroded traditional loyalty of the customers with banks. Customer loyalty has turned out to be a world of moving targets. Sentiment of the banking consumer is shifting regularly on the advent of fintech and digital innovations. So, …

Banking sector accounts for around three-fourth of Pakistan’s financial sector. 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 …

Pakistan suffered the largest cyber-attack on its banking system when in the last week of October 2018, over 19,000 debit cards worth US$2.6 million from some 22 Pakistani banks have been found to be stolen by certain unknown outside hackers. …

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 …