UBL will be the first bank to offer mobile contactless payments in Pakistan with Visa, Gemalto and 1LINK. UBL is the first bank in Pakistan who has partnered up with Gemalto, a Thales company, Visa

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U Microfinance Bank inaugurates its 200th Branch situated in Gilgit with the commitment to take banking services to the last mile in Pakistan. The President & CEO of U Microfinance Bank, Kabeer Naqvi along with

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The Asian Development Bank (ADB) has approved a $200 million loan as additional financing to help support the government of Pakistan's flagship social protection program, Benazir Income Support Program (BISP), which supports more than 5

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The government procured $321.50 million from foreign commercial banks (around 20 percent) out of total external loans of $1.622 billion in the first two months (July-August) of 2019-20 and 50 percent more than the comparable

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Asian Development Bank (ADB) has extended its current Country Operation Business Plan (COBP) for Pakistan to 2020-2022 but slashed resource allocation for energy sector from $2.245 billion to $1.67 billion, Public Sector Management from $1.2

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The rupee could not maintain stable trend against the dollar on the local currency market during the week ended on Oct 5, 2019. The rupee drifted lower by 38 paisas in terms of the dollar

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Federal Minister for Economic Affairs, Hammad Azhar on Sunday said that the value of Pakistani rupee has improved after the federal government took some immediate measures. Hammad Azhar, while addressing a press conference alongside the

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The Federal Cabinet has urged State Bank of Pakistan (SBP) to come up with clear-cut policy on e-Commerce to facilitate "interested" foreign companies, well informed sources told Business Recorder. These instructions were issued during discussion

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KARACHI: The rupee continued slide on the money market on Saturday in process of trading activity, dealers said. The rupee shed 10 paisas more in terms of the dollar for buying and selling at Rs

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Governor State Bank of Pakistan (SBP) Dr Reza Baqir said that a new faster payment gateway will be launched next year to facilitate instant transfer of funds. While, addressing a workshop titled 'Digital Payments Reforms'

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