Minister for Science and Technology, Shibli Faraz, revealed the Pakistan Tehreek-e-Insaf (PTI) government’s aim to regulate cryptocurrency within Pakistan. He shared this during the inaugural Pakistan Blockchain Summit 2022 in Islamabad. Faraz highlighted that the State Bank of Pakistan, Securities and Exchange Commission, and Finance Division are actively collaborating on this initiative, as per Radio…
HBL, a bank, shared its financial results for the first quarter of 2024. They made a profit of Rs. 30.1 billion before tax, which is 40% more than the same time last year. After taking out taxes, the profit was Rs. 15.0 billion, up from Rs. 13.3 billion last year. The bank also decided to…
The State Bank of Pakistan (SBP) has introduced a new facilitation framework designed to streamline the process of delivering financial assistance to beneficiaries of the Benazir Income Support Program (BISP). This initiative aims to ensure that BISP beneficiaries receive their financial aid directly into their bank accounts. Under this framework, approximately 9.3 million BISP beneficiaries…