Category: Financial Services
Bank Alfalah’s 5th Term Finance Certificates Listed at Karachi Stock Exchange
Karachi, March 28, 2013 (PPI-OT): The Karachi Stock Exchange (KSE) has approved the application of the formal listing and quotation of Bank Alfalah Limited’s 5th issue of its rated, listed, unsecured and subordinated term finance certificates (TFCs), upon completion of all relevant listing requirements. The Karachi Stock Exchange also arranged a gong ceremony for the [...]
National Bank of Pakistan’s 64th Annual General Meeting held
Karachi, March 28, 2013 (PPI-OT): National Bank of Pakistan held its 64 th Annual General Meeting at Marriott Hotel Karachi on Thursday March 28 th , 2013. The meeting was well attended by the shareholders with the presence of President and CEO, Dr. Asif A. Brohi and Board members, Mr. Shahid Aziz Siddiqui and Mr. [...]
United Bank Limited Omni Identified as Sprinter in Global Survey
Karachi, March 27, 2013 (PPI-OT): UBL Omni has been identified as a sprinter in a Global survey by the GSMA’s Mobile Money for the Unbanked (MMU) programme. The survey, titled Global Mobile Money Adoption Survey, analyses the state of the mobile money industry in 2012 and illustrates key findings from the programme’s Mobile Money Deployment [...]
National Bank of Pakistan is a diversified, dynamic and largest banking institution of the country
Karachi, March 27, 2013 (PPI-OT): National Bank of Pakistan is a diversified, dynamic and the largest banking institution of the country. Its services are available to individuals, corporate entities and government. It continues to act as trustee of public funds and as the agent to the central bank, the State Bank of Pakistan (in places [...]
Sehat Khushhali makes the dream of better health care a reality in Pakistan: Khushhali Bank
Karachi, March 25, 2013 (PPI-OT): Khushhali Bank took a positive step towards the support and uplift of the industrious yet underprivileged strata of Pakistani population through the launch of Sehat Khushhali, a Khushhali Bank initiative in collaboration with the Asia Care Health and Life Insurance Company. Sehat Khushhali is Khushhali Bank’s first health insurance product [...]
Bank Alfalah Signs deal with Pakistan Air Force for the Launch of Car Ijarah Scheme
Karachi, March 21, 2013 (PPI-OT): Bank Alfalah’s Islamic Banking Group, which has recently achieved the centennial branch milestone for its Islamic Banking branches, has signed a Memorandum of Understanding with the Pakistan Air Force (PAF) for the launch of the Car Ijarah Product Scheme in order to better serve the personnel of PAF. This unique [...]
Bank Alfalah Joins hands with the AllWorld Network to support Pak100 Fast Growth Program 2013
Karachi, March 18, 2013 (PPI-OT): Bank Alfalah announced that it will be joining hands with the AllWorld Network as the lead program sponsor for the Pakistan Fast Growth 100 (Pakistan100) Program. The AllWorld Network Inc., co-founded by Professor Michael Porter of Harvard Business School, launched the Pakistan 100 in 2012. This is a pioneering effort [...]
National Bank of Pakistan embarks to establish Largest Data Centre in Financial Industry of Pakistan for its Customers
Karachi, March 15, 2013 (PPI-OT): Inline with the NBP President’s vision of technology at the core of banking, National Bank of Pakistan inked its Data Center Project on turnkey basis with Getronics (AGCN) Pakistan. The project shall be an International Standards Certified Tier III Data Center Project. This Data Center facility will serve more than [...]
Rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar Bonds and profits thereon by Banks
Karachi, February 26, 2013 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S. Dollar Bonds and profits thereon by all Banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E. 25 deposits) by the State Bank on February [...]
Rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar Bonds and profits thereon by Banks
Karachi, February 25, 2013 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S. Dollar Bonds and profits thereon by all Banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E. 25 deposits) by the State Bank on February [...]
National Bank of Pakistan announces profit and payout ratio of 97.2 per cent for Year 2012
Karachi, February 25, 2013 (PPI-OT): Board of Directors’ of National Bank of Pakistan in their meeting held on February 25, 2012 at the bank’s Head Office Karachi approved the financial statements of the Bank for the year ended December 31, 2012 and announced a payout of 15 % Bonus shares and 70% (Rs. 7.0 per [...]
State Bank of Pakistan conduct its Open Market Operations Result
Karachi, February 22, 2013 (PPI-OT): State Bank of Pakistan conducted its Open Market Operations i.e.; Sale of Government of Pakistan Market Treasury Bills/Pakistan Investment Bonds to State Bank of Pakistan through Reverse Repo OMO (Injection) contract on February 22, 2013. Quotes received & accepted are given below: A: OMO BIDS OMO Tenor Bids Range Number [...]
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