Karachi: President of the United Business Group (UBG), Zubair Tufail, has called on the State Bank of Pakistan (SBP) to reduce the policy rate to single digits in the upcoming monetary policy announcement scheduled for September 15. In a statement ...
Read More »Monthly Archives: September 2025
Currency Exchange Rates Show Minor Fluctuations as USD Remains Stable
Karachi: The currency exchange rates released by the Exchange Companies Association of Pakistan on Monday indicate minor fluctuations in the value of major foreign currencies against the Pakistani Rupee. The United States Dollar (USD) maintained stabi...
Read More »National Bank of Pakistan’s Profits Surge Amid Strategic Adjustments
Karachi: The National Bank of Pakistan (NBP) announced a remarkable financial performance for the first half of the calendar year 2025, reporting an unconsolidated profit of PkR43.5 billion, a substantial increase compared to the previous year. This s...
Read More »National Bank of Pakistan Projects Robust Growth Amidst Regulatory Shifts
Karachi: The National Bank of Pakistan (NBP) convened a corporate briefing to outline its financial performance for the first half of 2025 and to discuss future strategies. The bank's management expressed confidence in maintaining strong earnings and ...
Read More »Kohat Cement’s Earnings Steady Despite Weaker Margins
KARACHI: Kohat Cement Company Ltd. (KOHC) released its fourth-quarter financial results for fiscal year 2025, revealing earnings of PkR2.4 billion, equivalent to an earnings per share (EPS) of PkR2.6. This marks a 1% decrease compared to the same peri...
Read More »Faheem-ur-Rehman Saigol Elected Unopposed as LCCI President
LAHORE: Faheem-ur-Rehman Saigol has been elected unopposed as the President of the Lahore Chamber of Commerce and Industry. His nomination received backing from key figures such as Mian Anjum Nisar, Chairman of the PIAF-Pioneer Progressive Alliance, a...
Read More »KIBOR Rates See Steady Trends Across Tenors
Karachi: The State Bank of Pakistan released updated Karachi Interbank Offered Rates (KIBOR) for September 8, 2025, showing consistent trends across different tenors. The data reveals minimal fluctuations in short-term and long-term offered rates, pro...
Read More »NBP Reports Robust Profit Growth Amid Strategic Investments
Karachi: National Bank of Pakistan (NBP) held a corporate briefing today, revealing a significant turnaround in its financial performance. The bank reported a profit after tax of Rs22.02 billion, a stark contrast to a loss of Rs10.36 billion during th...
Read More »CDC and JS Global Capital Join Forces to Enhance Real-Time Fund Transfers
Karachi: The Central Depository Company of Pakistan has successfully integrated JS Global Capital Limited into its RAAST Aggregator Platform, a significant step in enhancing secure and instant fund transfers for investors. This collaboration aims to a...
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