Tag Archives: Banking

The Pakistan’s economy has been characterized as unstable and highly vulnerable to external and internal shocks. However, the economy proved to be unexpectedly resilient in the face of multiple adverse events. The economy of Pakistan is the 22nd largest in …

Roshan Digital Account has attracted more than half a billion dollars and phenomenal trust of Non-Resident Pakistan (NRP). The inflows mainly getting into Naya-Pakistan Certificates and such NRPs who use to send money to their homes through back-channel are also …

COVID-19 has accelerated digitization of banking as customer expectations change during the pandemic. This potential digital change would also help banks cope with the tougher operating environment the pandemic has brought. For the longer term it will be a fundamental …

No doubt, the Pakistan’s banking sector has played an important role in continuing the Pakistan’s economic system during pandemic, which can be mostly attributed to the digital banking revolution. The Government of Pakistan focuses towards the adoption of digital banking …

Credit/Loans Classified By Borrowers In Pakistan* (Million Rupees) Description Sep-20 (R) Oct-20(R) Nov-20(R) Dec-20(P) 1. Credit to Government Sector (A+B) 15,005,562 14,974,023 14,919,380 15,178,639 A. SBP Credit to Government Sector (Net) 6,244,544 6,329,892 6,126,305 5,941,522 Investment in Govt. Securities 7,076,025 …

The sun of 2021 has risen for the remnants of the Corona catastrophe and even in 2021 the fading shadows on economics, finance and banking still remain. The year 2020 was not encouraging to Islamic banking and finance industry rather …

Digitization has become a part of everyday life with the introduction of smartphones and availability of social media. This has brought the banking industry at the verge of possibly the greatest revolution in history as it is more of a …

State Bank of Pakistan (SBP) through its recent initiatives and actions has focused its attention on finance-deficient areas such as financial inclusion, low cost housing facility, agricultural credit, SME finance and most importantly, the Green Banking phenomenon. In accordance with …

– Codebase Technologies is working around the world to implement best practices and standards – Roshan Digital offers coming fintechs an opportunity to implement their solutions in better ways – Country’s emerging fintechs aiming high to make mark in global …

As the economy moves towards the end of FY20, it continues to face high uncertainty owing to the challenges posed by the COVID-19 pandemic on several economic fronts. High levels of uncertainty are also reflected in recent State Bank of …

Imagine a bank messaging to layman of a client to please activate his ‘EMV debit card’ by a fixed nearing date after which his ‘old non-chip based card’ will be blocked and saying sorry for inconvenience! Being a helpless and …

The consequences of the COVID-19 pandemic for the global economy, and financial sector in particular, are still unpredictable. It has crippled economic activities, overturned supply chains and crumpled the demands for goods. The virus has forced both the consumers and …