Six Pakistani banks named in FinCEN leak: Report

Sep 23, 2020

Islamabad [Pakistan], September 23 : As many as six Pakistani banks have been identified for suspicious transactions for close to USD 2.5 million, in...

Pakistani banks under international scrutiny for terror funding: Report

Mar 14, 2022

Islamabad [Pakistan], March 14 : Pakistan, which has been trying to elude accusations for keeping banking laws lax to help terrorist groups move funds,...

Moody's downgrades 5 Pakistani banks' ratings; maintains negative outlook

Oct 12, 2022

Islamabad [Pakistan], October 12 : Moody's Investors Service has downgraded the long-term deposit ratings to Caa1 from B3 of five Pakistani banks.

Pakistan government borrows PKR 3.2 trillion from bank in just 45 days

Jul 11, 2024

The Pakistani government has borrowed approximately Pakistani currency (PKR) 3.2 trillion from scheduled banks from May 15 to June 28 of the fiscal year...

USD2.3 bn Chinese loan credited to State Bank of Pakistan: Finance Minister Miftah Ismail

Jun 25, 2022

Islamabad [Pakistan], June 25 : Pakistani Finance Minister Miftah Ismail said on Friday that a loan of USD 2.3 billion from a Chinese consortium...

Pak PM directs country's State Bank to hold meet with Chinese banks for trade

Jun 06, 2022

Islamabad [Pakistan], June 6 : Amidst Pakistan's failure to address the financial issues concerning the CPEC projects, Prime Minister Shehbaz Sharif has directed the...