UBL Funds launch Islamic Active Allocation Plan

UBL Fund Managers Limited (UBL Funds) announced the launch of the Al-Ameen Islamic Active Allocation Plan -I (AIActAP-I), under the Al-Ameen Islamic Financial Planning...

TCS signs pact with Al Baraka Bank

TCS, Pakistan's largest express and logistics group, has signed a Services Running Musharaka Financing Agreement with Al Baraka Bank (Pakistan) Ltd.The facility is...

PRISM transactions increase in volume, value

State Bank of Pakistan (SBP) here Tuesday said during the third quarter of FY15, Pakistan Realtime Interbank Settlement Mechanism (PRISM) settled 198,250 transactions of...

Depositors of ex-KASB Bank start transactions with BankIslami

State Bank of Pakistan has informed that the amalgamation of the defunct KASB Bank into BankIslami Pakistan Ltd has been implemented smoothly. As a...

HBL establishes Rs 9-million Endowment Fund at NUST

Habib Bank Ltd (HBL) presented on Tuesday a cheque of Rs 9 million to the National University of Sciences and Technology (NUST) for the...

Banks disbursed agriculture loan of over Rs 326 bln

The government is making all out efforts to ensure availability of credit and enhancing its flow to small farmers to boost agriculture production.According to...