Islamabad: The Bank of Khyber (BOK) reported a remarkable 2.2-fold year-on-year surge in profit for the first half of the fiscal year 2025, reaching PkR3.4 billion (earnings per share: PkR2.91). This impressive growth was primarily attributed to a 28%...
Read More »Bank Of Khyber’s Profit Soars, Interim Dividend Announced Amid Flood Concerns
Islamabad: The Bank of Khyber (BOK) reported a remarkable 2.2-fold year-on-year surge in profit for the first half of the fiscal year 2025, reaching PkR3.4 billion (earnings per share: PkR2.91). This impressive growth was primarily attributed to a 28%...
Read More »Pakistan-China MoUs To Spur Economic Growth And Job Creation In Pakistan
Islamabad: Pakistan and China have signed three key agreements to bolster cooperation in agriculture, education, and green development, promising significant economic benefits and employment opportunities for Pakistan. The Pakistan-China Joint Chamber...
Read More »Rupee Slides Against Major Currencies As Dollar, Euro, And Pound Surge
Islamabad: The Pakistani Rupee (PKR) depreciated against major international currencies on September 18, 2025, with the US Dollar, Euro, and British Pound all registering gains, according to data released by the Exchange Companies Association of Pakis...
Read More »Bankislami And MG Offer Lowest Auto Financing Rates
Karachi: BankIslami and MG Motors Pakistan have partnered to offer the lowest Shariah-compliant auto financing rates in the Pakistani market, starting at 4.99% (equivalent to a 1-year rate of 1.49%). This groundbreaking collaboration promises to resha...
Read More »Karachi Interbank Offered Rate Sees Fluctuations Across Tenors
Islamabad: The Karachi Interbank Offered Rate (KIBOR) experienced notable volatility across various maturities on September 16, 2025, according to data released by the State Bank of Pakistan. Short-term rates for one-week loans saw the widest spread, ...
Read More »Pakistan Inflation Soars to 11-Month High Amid Devastating Floods
Islamabad: Pakistan's consumer price index (CPI) is projected to surge to 6.5-7.0% year-over-year in September 2025, a sharp increase from 3.0% in August 2025 and marking the highest level in eleven months. This alarming rise is primarily attributed t...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service