Wednesday, July 3, 2024

Bank

Vietnamese billionaire sentenced to death in biggest financial fraud case

The Vietnamese billionaire Truong My Lan was sentenced to death for her involvement in the country’s biggest financial fraud case.

Bangladesh convicts Nobel laureate and ‘banker to the poor’ Yunus in labor law case

Bangladeshi Nobel Peace laureate Muhammad Yunus, known as the “banker to the poor” faced conviction for violating Bangladesh’s labor laws in a trial criticized as politically motivated.

State Bank launches Pakistan’s first instant digital payment system ‘Raast’

State Bank has launched Pakistan's first instant digital payment system 'Raast'

State Bank of Pakistan launches Asaan Mobile Account

State Bank of Pakistan launched Asaan Mobile Account.

JS Bank and Home Matters collaborate to provide housing finance to UAE-based Pakistanis

Home Matters consultants are market leaders in mortgage and property transaction consultation in UAE

Direct assets owned by Pakistanis in Swiss banks declined by half in 2019

Direct assets owned by Pakistani citizens in Swiss banks stood at $377 million in 2019.

PTCL injects PKR 1 Billion in U-Microfinance Bank

U Bank serves more than 625,000 customers, where 30% of the served customers are women Pakistan Telecommunication Company Limited (PTCL) has injected an additional equity of PKR 1 billion in U Microfinance Bank Ltd. (U Bank), which is a wholly...

How to avoid getting hacked at the ATM

Don’t become a victim of ATM skimming, here’s what you need to know Around 600 customers have lost at least Rs 10 million in Pakistan, becoming the victim of Automated Teller Machine (ATM) skimming fraud. The affected bank, Habib Bank Pvt Ltd,...

Pakistan facilitates tax payment via ATMs and Internet Banking

People will pay federal taxes and customs duties through internet banking State Bank of Pakistan, Federal Board of Revenue and 1-Link have signed an agreement to pay their t taxes and customs duty using internet banking or ATMs by the...

HBL to close New York operations as regulator seeks $630m penalty

HBL got fined for “serious deficiencies” in its anti-money laundering programme spanning Pakistan's largest private bank Habib Bank Limited announced to wind up its operations in New York after getting $630m penalty notice form United States regulatory department. According to the press...

Latest News

Qatar unveils plans for $5.5 billion tourism development project Simaisma with Disney-size theme park

Qatar has announced a groundbreaking $5.5 billion (20 billion Qatari Riyal) development project named Simaisma tourist project, featuring a colossal theme park set to surpass the iconic Walt Disney World's Magic Kingdom in size.