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HBL's asset management division, HBL Asset Management Limited (HBL AMC) was incorporated in 2006 and launched its first fund in 2007. [39] In 2016, HBL AMC acquired PICIC Asset Management for PKR 4.1 billion. [40] In 2020, HBL received approval from the State Bank of Pakistan to inject PKR 500 million in HBL AMC. [41]
The national debt of Pakistan (Urdu: قومی قرضہ جاتِ پاکستان), or simply Pakistani debt, is the total public debt, [1] or unpaid borrowed funds carried by the Government of Pakistan, which includes measurement as the face value of the currently outstanding treasury bills (T-bills) that have been issued by the federal government.
Negotiations on a new government in Pakistan have allayed immediate fears of instability in the nuclear-armed nation following inconclusive elections last week, but the risk of a full-scale ...
The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country's debt situation, a former central bank governor of the ...
Aug. 9, 2023 — Pakistan’s president dissolves the National Assembly, or lower house of parliament, a first step in the countdown to the upcoming general election.
The State Bank of Pakistan gained autonomy, and United Bank Limited, which had collapsed, was recapitalized under central bank management. [1] In 1997, Pakistan initiated banking reforms to address long-standing issues within major state-owned banks, such as the National Bank of Pakistan (NBP), Habib Bank Limited (HBL), and United Bank Limited ...
(Reuters) - Pakistan will hold a national election on Thursday to elect a new government, with multiple crises plaguing the nuclear-armed, South Asian nation of 241 million.
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