DUBLIN: Wonga would close its Dublin office by the middle of next year as part of a cost-cutting programme.
The provider of controversial, short-term loans charged at high interest rates would cut 325 jobs as it seeks to reorganise its business in the face of tighter regulation.
Wonga’s loans can currently carry an APR of up to 1,509% but Britain’s Financial Conduct Authority has moved to cap that at a much lower level.
ISLAMABAD: The president of the Islamabad Chamber of Commerce and Industry has called for turning Pakistan's youth into a driver...
LAHORE: National Bank of Pakistan (NBP) has signed a Memorandum of Understanding (MoU) with PowerChina|Integrity Energy Storage (Shanghai) Technology Co....
ISLAMABAD: The Federal Board of Revenue (FBR) has implemented a new framework for conducting tax audits, assessments and related proceedings...
ISLAMABAD: Finance Minister Muhammad Aurangzeb held separate meetings with delegations from Sharjah Islamic Bank, Abu Dhabi Commercial Bank and Ajman...
