Business

The State Bank of Pakistan (SBP) has announced that it will unveil a new monetary policy for the next two months on Monday. The Monetary Policy Committee (MPC) will convene to evaluate economic indicators and decide on potential changes to the existing interest rates. With the State Bank’s current policy rate fixed at 22 percent, … Read more

Pakistan’s largest ICT services provider, PTCL Group, has unequivocally rejected all claims and rumors concerning the financial stability of its wholly-owned subsidiary, U Microfinance Bank (Ubank). Ubank, recognized as Pakistan’s fastest-growing microfinance bank and a pivotal player in the banking sector, stands firm with a robust financial structure and substantial capital reserves. Ubank enjoys steadfast … Read more