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1-10 results from 1000 for query «banking»

July 18, 2018 12:00 AM SECP finalises regulatory regime for valuers

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has concluded its efforts to introduce regulatory regime for registration and governance of professional valuers, an announcement said on Tuesday. The professional valuers are individuals or organisations that appraise the value of assets and collaterals provided to banks and financial

July 18, 2018 12:00 AM PTI funding case enters final phase at ECP

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) 2014 foreign funding case at the Election Commission of Pakistan (ECP) has apparently entered the final phase, as the State Bank of Pakistan (SBP) is in the process of sharing funding details with it, having received from banks across Pakistan. The ECP had written to the SBP on July 03 this year and sought

July 17, 2018 12:00 AM Raees Paracha given additional charge of Banking Ombudsman

Karachi: The Federal Government has given the additional charge of Banking Ombudsman to Muhammad Raeesuddin Paracha. On assumption of the charge of Banking Ombudsman Muhammad Raeesuddin Paracha has visited Islamabad, Lahore and Peshawar Offices for hearing of the cases. Muhammad Raeesuddin Paracha attended Forum of Pakistan Ombudsman conference organized

July 13, 2018 12:00 AM SC directs media campaign for dams fund

ISLAMABAD: The Supreme Court (SC) on Thursday directed the Information Ministry and Pakistan Electronic Media Regulatory Authority (Pemra) to ensure an efficient media campaign for the fund announced by Supreme Court of Pakistan for Diamer-Bhasha and Mohmand Dams for raising public awareness. A four-member bench headed by Chief Justice of Pakistan (CJP) 2

July 13, 2018 12:00 AM SECP confirms PIF, PGF conversion into open-end funds

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has approved the conversion of PICIC Investment Fund (PIF) and PICIC Growth Fund (PGF), being managed by HBL AMC into open-end funds, an announcement said on Thursday. The corporate sector regulator in a statement said it managed to bring this longstanding issue to a successful conclusion 3

July 11, 2018 12:00 AM Stocks inch up as value hunters go for oversold oil, financial shares

Stocks closed up on Tuesday following a volatile session as undervalued oil and financial scrips attracted institutional buyers and an assurance of timely elections by director general of the Inter-Services Public Relations (ISPR) restored some confidence among investors, dealers said. Analyst Ahsan Mehanti from Arif Habib Corporation said stocks closed 1

July 6, 2018 10:47 AM Eminent banker and Zardari aide Hussain Lawai taken into custody by FIA: reports

The Federal Investigation Agency (FIA) on Thursday took Hussain Lawai, former head of Summit Bank and a close aide of PPP co-chairman Asif Zardari, into custody, television reports said. Talking to The News at the time, Lawai did not say why he was stopped from leaving the country but confirmed that he was barred from going abroad. He said he was unaware 3

July 3, 2018 12:00 AM ‘Obstacles in SMEs bank’s financing’

KARACHI: Dr Mirza Ikhtiar Baig, Chairman FPCCI Standing Committee on Banking, Credit and Finance, represented the FPCCI at the 70th year’s celebration of the State Bank of Pakistan. The session was attended by Tariq Bajwa, Governor State Bank, Finance Minister Dr Shamshad Akhtar, Dr Ishrat Hussain, Yasin Anwar and Ashraf Mahmood Wathra, former SBP Governors 2

July 2, 2018 12:00 AM Tax amnesty date extended due to public demand: Shamshad

KARACHI: The caretaker Finance Minister Dr Shamshad Akhtar said the extension of the date to avail amnesty scheme is due to the rising demand from the public who want to file their undeclared foreign and domestic assets. “The economy is expected to benefit from the amnesty scheme. It will bring in macroeconomic and fiscal stability in the economy,” Akhtar 2

June 30, 2018 11:16 AM Consensus developed to build two new dams in Pakistan: CJ

Chief Justice of Pakistan Mian Saqib Nisar on Saturday said consensus have been reached to start work on building two new dams without any delay. He said this while hearing a loan write-off case , a day after he held a discussion about new dams with experts. The chief justice said following his meeting with the experts and several stakeholders, consensus 2