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 »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 »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 »UBG President Calls for SBP to Slash Policy Rate to Single Digit
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 »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 »Stock Market Surge: Pakistan’s KSE100 Index Reaches New High
Karachi: Pakistan's stock market witnessed a significant surge as the KSE100 Index reached a new all-time high, closing at 156,087.31 points, reflecting a robust increase of 1.17 percent from the previous day. This rally was driven by strong performan...
Read More »Currency Exchange Rates Announced by ECAP
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the latest foreign currency exchange rates on Friday. According to the data, the US dollar is being bought at 282.25 and sold at 283.00 in the open market. The euro is listed w...
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