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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.
HBL Microfinance Bank Ltd (HBL MfB) is a Pakistani microfinance bank headquartered in Islamabad. [ 2 ] [ 3 ] HBL MfB operates over 200 locations all over Pakistan. It is one of the oldest microfinance bank in the country [ 4 ] with its roots in the credit and saving section of the Agha Khan Rural Support Program (AKRSP).
The penalty, however, is the largest ever imposed upon a Pakistani financial institution. HBL had already agreed to surrender its licence to operate a branch in New York that had been operational since 1978. [32] The DFS had earlier sought up to $630m in penalties from HBL for failing to comply with state and federal laws at its only U.S ...
The announcement came after Sharif headed a review meeting of the privatisation process of loss-making state enterprises (SOEs), according to a statement from his office, which discussed a roadmap ...
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 ...
ISLAMABAD (Reuters) -Pakistan is working on the possibility of restructuring its bilateral debt regardless of whether it successfully completes its IMF review, the country's finance minister said ...
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 ...
And the federal government has been ordered to completely abolish interest rates and implement a usury-free banking system in the country within a period of five years. [2] On June 25, 2022, State Bank of Pakistan along with four other banks challenged the decision of the Federal Shariah Court against interest in the Supreme Court. [3]