Tag Archives: Financial

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 …

Financial Soundness Indicators Of MFBS (%) Details Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Capital Total Capital to Total RWA 20.1 22.6 21.1 19.6 18.7 Tier 1 Capital to Total RWA 17.7 20.2 18.7 17.4 16.5 Capital to Total Assets 14.7 15.5 …

2020 could well be the year that the cryptocurrency dream dies. This is not to say that cryptocurrencies will die altogether – far from it. But to all the financial romantics who have cheered the rise of bitcoin and other …

The Executive Board of the International Monetary Fund (IMF) on 19th December 2019 completed the first review of Pakistan’s economic performance under the Extended Fund Facility (EFF). The completion of the review allowed Pakistan to draw SDR 328 million or …

Every year the new year resolutions are being made, only to be broken especially weight loss, diet control. As a nation we need to make long lasting and out of box resolutions for the coming year but vow not to …

Interview with Muhammad Azam Yousufzai – a Capital Market Expert PAGE: Could you tell us about the performance of Pakistan Stock Exchange (PSX) in 2019? Muhammad Azam Yousufzai: CY 2019 was not lucky for PSX investors like other industries because of …

Insurance is the second-largest sector in the financial industry and constitutes 5.3 percent of Pakistan’s total financial sector assets. According to SBP Financial Stability Review 2017, the Insurance sector’s asset base and gross premiums have registered an increase of 12 …

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 …

Globally, 69% of adults – 3.8 billion people – now have an account with a bank or mobile money provider, according to the World Bank’s Global Findex database. While in some economies account ownership has surged, progress has been slower …

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. …