AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: The State Bank of Pakistan extended significant liquidity support to financial institutions through its overnight reverse repo facility, according to a recent release by the central bank's Domestic Markets and Monetary Management Department. ...

Karachi: United Bank Limited (UBL) announced a significant increase in its third-quarter earnings for 2025, reporting a 93% year-on-year rise to Rs35.4 billion, with earnings per share (EPS) reaching Rs14.1. This performance aligns with market expecta...

Karachi: Mian Zahid Hussain, a prominent figure in Pakistan's business community, has praised the diplomatic endeavors of Prime Minister Mian Shehbaz Sharif and Chief of Army Staff Field Marshal Asim Munir, attributing recent economic advancements to ...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of the ABL Government Securities Fund (ABL GSF), highlighting the Fund's commitment to delivering optimal risk-adjusted returns through strategic investments ...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Money Market Fund (ABL MMF), underscoring its commitment to preserving capital while delivering competitive returns. The Fund, characterized by i...

Karachi: The State Bank of Pakistan has established a lending ceiling, setting a limit of 142,500 for a single borrower, applicable to just one financial institution as of October 15, 2025. This move aims to regulate and standardize borrowing practice...

Karachi: The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan concerning the second review of the 37-month Extended Fund Facility (EFF) and the first review of the 28-month arrangement under the Resilience and Sustai...