Business

Muzaffarabad, The Bank of Azad Jammu and Kashmir has been celebrating its remarkable achievement of crossing a historic profit of one billion rupees. Celebrations have been marked by cake-cutting ceremonies at various branches, both within the state an...

The post Bank of Azad Jammu and Kashmir Celebrates Historic Profit Achievement appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Lucky Renewables (Pvt) Limited (formerly Tricom Wind Power (Pvt) Limited) at ‘A/A-2’, reflecting its sustained good credit quality and stable outlook in a dynamic eco...

The post VIS Affirms Stable ‘A/A-2’ Rating for Lucky Renewables Amid Economic Shifts appeared first on Pakistan Business News.

Lahore, Mian Zahid Hussain, Chairman of the National Business Group Pakistan and President of the Pakistan Businessmen and Intellectuals Forum, acknowledged that while recent government and central bank decisions have been unpopular and challenging for...

The post Unpopular Government Decisions Restore Confidence in International Institutions, Says Mian Zahid Hussain appeared first on Pakistan Business News.

Karachi, The Consumer Price Index (CPI) for December 2023 in Pakistan is expected to show a marginal slowdown to 28.6% on a year-over-year basis, recent forecasts. This deceleration trend is anticipated to continue, supported by a decrease in fuel pric...

The post Pakistan’s December 2023 Inflation Rate Expected to Marginally Slow to 28.6% appeared first on Pakistan Business News.

Karachi, Meezan Bank recently held its 63rd Shariah Board Meeting at Darul Uloom in Karachi, chaired by Justice (Retd.) Muhammad Taqi Usmani. The meeting was attended by key members of the Shariah Board and senior management of the bank, focusing on al...

The post Meezan Bank’s 63rd Shariah Board Meeting Focuses on Aligning Economy with Islamic Principles appeared first on Pakistan Business News.

Islamabad, Bank Alfalah, a leader in commercial and digital banking in Pakistan, has launched the country's first Digital Payments Sales and Service Centers. These centers, located in Karachi's Badar Commercial DHA and Disco Bakery Gulshan, are designe...

The post Bank Alfalah Inaugurates Pakistan’s First Digital Payments Centers for Merchants and Small Businesses appeared first on Pakistan Business News.

Karachi, U Microfinance Bank (U Bank), a major microfinance bank in Pakistan, has entered into a strategic partnership with Bank Alfalah Limited, a leading commercial bank in the country. The collaboration aims to provide a short-term financing facilit...

The post Bank Alfalah Limited and U Microfinance Bank Announce PKR 10 Billion Financing Facility Collaboration appeared first on Pakistan Business News.