News
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SBP: Leasing cos can go for house financing
KARACHI, Dec 21: Suggesting the leasing companies to focus on the small and medium enterprises and agriculture sectors, Governor State…
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MCB to open Islamic banking branches
KARACHI, Dec 21: Muslim Commercial Bank Ltd will open dedicated Islamic banking branches at its selected premises to offer the…
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KPMG partner pain as profits slump by 21%
KPMG's profits from UK accounting activities fell by 21% last year according to figures released this week by the Big…
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Karachi Stocks Exchange records second largest turnover in history: index hits 105-month high
KARACHI (December 20 2002) : The second largest turnover was recorded in the history of the Karachi Stock Exchange (KSE)…
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Capital Intelligence ups Pakistan's long-term and short-term ratings
ISLAMABAD (December 20 2002) : Capital Intelligence (CI), the international emerging markets rating agency, has raised Pakistan's long-term sovereign rating…
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$72.5 million Swiss debt rescheduled
ISLAMABAD (December 20 2002) : The Government of Swiss Confederation consolidated and rescheduled ODA-debt amounting to CHF 23.931 million (equivalent…
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Pakistan's foreign exchange reserves cross $9 billion mark
KARACHI (December 20 2002) : Country's foreign exchange reserves have improved slightly as the total reached at 9.069 billion dollars.…
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Allied Bank of Pakistan's incentive scheme for loan recovery
LAHORE (December 20 2002) : Allied Bank of Pakistan Limited (ABL) has framed an incentive scheme for recovery of non-performing…
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2002 boosts Karachi Stock Exchange shares value 92 percent, Index 96 percent
KARACHI (December 19 2002) : The Karachi Stock Exchange (KSE) this year so far recorded tremendous increment of 92 percent…
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Accounting rulemakers seek more time on pensions
The officials who set U.S. accounting standards on Wednesday sought more time to decide whether to overhaul rules on how…
