KARACHI: Investments made by banks in government securities continued to grow and reached Rs7.2 trillion in the quarter ended June 2016, up 27.4% compared to the same period of previous year, shows the quarterly performance review of banking sector recently released by the State Bank of Pakistan (SBP).
In comparison to the previous quarter, banks’ holdings of government securities, which constitute more than 90% of total investments, grew 4.9%.
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FAISALABAD: A three-member delegation from the Canadian High Commission, Islamabad, visited University of Agriculture Faisalabad (UAF) to discuss the area...
ISLAMABAD: Pakistan has signed a Material Transfer Agreement (MTA) with China's Royal Group to export buffalo genetic material, opening a...
KARACHI: Habib Bank Limited (HBL) has officially announced a temporary closure of all its services. Consequently, the massive shutdown will...
