General Business News

Karachi: Despite a challenging interest rate environment, Pakistan's listed banks have reported a remarkable surge in profitability, reaching Rs168 billion, marking a 22% increase year-on-year (YoY) and a 3% rise quarter-on-quarter (QoQ) in the second...

Karachi: The State Bank of Pakistan (SBP) has disclosed a significant surge in its overnight repo facility figures, with a staggering Rs. 124,900 million being accessed by financial institutions. This development underscores a pressing liquidity requi...

Karachi: The State Bank of Pakistan has stirred the financial sector by setting an unexpected ceiling of 11,000 for a single institution, while imposing a floor amount of 124,900 for two institutions as of September 1, 2025. This decision comes at a t...

Karachi: The Pakistani Rupee has taken another hit as it continues its downward spiral against major global currencies, casting a shadow over the nation's economic stability. The Exchange Companies Association of Pakistan (ECAP) reported that the loca...

Karachi: The Pakistani Rupee has taken another hit as it continues its downward spiral against major global currencies, casting a shadow over the nation's economic stability. The Exchange Companies Association of Pakistan (ECAP) reported that the loca...

Karachi: In a startling development, the Karachi Interbank Offered Rate (KIBOR) has witnessed a significant surge across various tenors, posing potential challenges for borrowers and investors alike. As of September 1, 2025, the KIBOR rates, released ...

Karachi: In a startling development, the Karachi Interbank Offered Rate (KIBOR) has witnessed a significant surge across various tenors, posing potential challenges for borrowers and investors alike. As of September 1, 2025, the KIBOR rates, released ...