The fines were levied due to violations in Know Your Customer (KYC), Anti-Money Laundering (AML), asset quality, foreign exchange, and general banking operations standards.
Economy
ISLAMABAD: Following the federal government’s announcement of a reduction in electricity rates this April, power authorities are poised to offer…
Investments On Tuesday, Foreign Minister Ishaq Dar extended a warm assurance of full support and facilitation to Saudi Arabia regarding…
ISLAMABAD: Pakistan is engaging in talks with the International Monetary Fund (IMF) regarding a fresh multi-billion dollar loan arrangement to…
ISLAMABAD: On the second working day following the Eid holidays, the value of the US dollar continued its ascent against…
ISLAMABAD: The Commerce Minister, Jam Kamal Khan, expressed optimism regarding the current visit of a high-level Saudi delegation, led by…
ISLAMABAD: The Oil Tankers Owners Association has made a significant announcement that could potentially disrupt the availability of fuel in…
Asia-Pacific Economies According to the Asian Development Bank’s April 2024 Asian Development Outlook (ADO) report, developing economies in Asia and…